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Welcome to Currency News. Our aim is simple: deliver expert financial comment and analysis on the world currency markets and exchange rates. The latest currency news, exchange rate forecasts, currency predictions and forex data at your fingertips. International payments? Maximise your foreign currency transfers today.

Latest Currency News Headlines

GBP NOK Exchange Rate Benefits from Sliding Oil Prices

9 May 2017 at 5 PM - Written by John Cameron

With risk appetite generally faltering the Pound Norwegian Krone (GBP NOK) exchange rate was encouraged to return to an uptrend. Although markets were relieved that centrist Emmanuel Macron had emerged victorious in the French presidential election it was not long before the initial boost in risk appetite faded. Weaker-than-expected Norwegian industrial and manufacturing production figures also put renewed pressure on the...

CATEGORIES: Pound Norwegian Krone Forecasts

GBP NZD Exchange Rate Slumps on Fresh Fears of Hard Brexit

8 May 2017 at 4 PM - Written by Ben Hughes

Sterling has traded at 1.87 against the New Zealand Dollar, down from a rate of 1.88 on May 7th. The only UK economic news on Monday has covered house prices; the Halifax price index reprinted growth on the year but showed no monthly change. More impactful has been the French Presidential election, which concluded with a landslide victory for Emmanuel Macron. Much of Macron’s campaign strategy was aimed at promoting the...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts

EUR to USD Exchange Rate Could End Week Near Multi-Month Highs

5 May 2017 at 10 AM - Written by John Cameron

After fluctuating earlier in the week, the Euro to US Dollar exchange rate gained almost a cent on Thursday as markets reacted to a strong TV debate performance from pro-EU French Presidential candidate Emmanuel Macron. EUR/USD began this week trending at the level of 1.0896. After briefly hitting a low of 1.0876 on Thursday morning, the pair surged to a high of 1.0987. This was the pair’s best level since the election of...

CATEGORIES: Currency Predictions Daily Currency Updates Euro Forecasts

GBP NOK Exchange Rate Holds onto Gains After Bullish Services PMI

4 May 2017 at 2 PM - Written by James Fuller

A trio of better-than-expected UK PMIs offered support to the Pound Norwegian Krone exchange rate, suggesting that the economy is bouncing back from a weak first quarter. The manufacturing, construction and service sectors all demonstrated a solid level of growth on the month, even as price pressures continued to build thanks to the post-referendum fall of Sterling. However, as new car registrations plummeted and mortgage...

CATEGORIES: Pound Norwegian Krone Forecasts

GBP to USD Exchange Rate Near 7-Month Highs ahead of Key ‘Obamacare’ Repeal Vote

4 May 2017 at 1 PM - Written by Ben Hughes

Sterling-supportive news has been the UK services PMI for April. As with manufacturing and construction PMIs this week, the services result has risen instead of falling as forecast. Elsewhere, new car sales in April plummeted on the year by nearly -20%, though this was attributable to a recent change in vehicle excise duty (VED). The next high-impact UK data isn’t due until the coming Thursday, when the Bank of England...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

GBP AUD Exchange Rate Rallies as UK Construction Impresses

3 May 2017 at 4 PM - Written by James Fuller

The Pound Australian Dollar (GBP AUD) exchange rate extended yesterday’s gains this morning following the release of the UK’s latest Construction PMI. According to data compiled by IHS Markit activity in the UK’s construction sector grew from 52.2 to 53.1 in April, rising at its fastest pace in four months and greatly exceeding expectations that it would drop to 52.0. The sector was buoyed by an uptick in demand for...

CATEGORIES: Australian Dollar Forecasts

GBP to NZD Exchange Rate Recovers from Lows on UK Data

3 May 2017 at 1 PM - Written by John Cameron

While the Pound put in a strong Tuesday recovery against most major rivals, the Pound to New Zealand Dollar exchange rate has trended more closely to its weekly lows this week due to strong New Zealand data and improving commodity news. GBP/NZD began the week trading at the level of 1.8860, but fell for the first half of the week. By Wednesday, the pair had hit a low of 1.8565. GBP/NZD recovered from these lows during...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts

EUR/USD Sluggish despite Greek Bailout Deal Breakthrough

2 May 2017 at 1 PM - Written by Ben Hughes

The Euro to US Dollar exchange rate is stuck around opening levels today, despite positive data and developments from the Eurozone. The finalised Markit manufacturing PMIs have confirmed that the economic recovery in the Eurozone continued to strengthen in April, with growth in factory activity accelerating to a six-year high. Apart from the German PMI, which fell to a two-month low, and the Netherlands index, which remained...

CATEGORIES: Euro Forecasts

GBP USD Exchange Rate Slumps as Brexit Talks Appear to Stall Before Official Negotiations Begin

2 May 2017 at 10 AM - Written by John Cameron

The GBP USD exchange rate continued to slide overnight on Monday as Prime Minister Theresa May’s dinner with European commission’s president, Jean-Claude Juncker yesterday did not inspire confidence in the Brexit process. May faces reports that she is ‘living in another galaxy’ as Juncker reportedly left Downing Street ‘ten times more sceptical than I was before’ according to a supposed transcript of the meeting...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

GBP to ZAR Exchange Rate Slips back from Weekly Highs

28 Apr 2017 at 2 PM - Written by John Cameron

After advancing for most of the week last week, the British Pound to South African Rand exchange rate slipped from its highs on Friday as the latest UK growth data was highly disappointing and painted a mixed outlook for Britain’s economy in 2017. GBP/ZAR began the week trending at the level of 16.8153. The pair surged in the latter half of the week and reached a two-week-high of 17.2664 on Friday. GBP/ZAR spent most of...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Rand Forecasts