Currency News

Daily Exchange Rate Forecasts & Currency News

Latest Currency News Continued - page 6

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/AUD, GBP/NZD Exchange Rates Mixed after Fed Predicts Three 2017 Rate Hikes

15 Dec 2016 at 4 PM - Written by Tim Boyer

The Pound spiked against the Australian Dollar and New Zealand Dollar on Friday afternoon as investors continued to readjust their positions on the risky antipodean currencies following the Fed’s surprisingly hawkish outlook this week. Commodity prices remained decent and US data from the day was largely disappointing. However, as traders began to perceive a smaller spread in the future due to higher US interest rates, AUD...

CATEGORIES: New Zealand Dollar Forecasts Pound Australian Dollar Forecasts

GBP ZAR Exchange Rate Slides after BoE Revises Inflation Prediction

15 Dec 2016 at 3 PM - Written by Minesh Chaudhari

The Pound to South African Rand exchange rate spiked again on Friday afternoon as American markets opened and investors once again went bullish on the US Dollar due to the Fed’s 2017 rate hike outlook. GBP/ZAR is likely to register modest gains this week overall, but the Pound’s weakness on the week’s Bank of England (BoE) news certainly prevented Sterling from capitalising on this week’s risk-off...

CATEGORIES: Dollar Pound Forecasts

Pound Sterling (GBP) to US Dollar (USD) Slumps as Fed Takes on Hawkish 2017 Outlook

15 Dec 2016 at 2 PM - Written by Ben Hughes

The Pound to US Dollar exchange rate struggled to recover on Friday afternoon as American markets opened and the US Dollar increased in strength. This was despite the day’s US ecostats coming in well below expectations. US housing start figures for November came in at -18.7% month-on-month while building permits came in at a low -4.7%. [Previously Updated 1pm 16/12/2016] Even with the Fed adopting a more hawkish view...

CATEGORIES: Currency Predictions Daily Currency Updates Dollar Pound Forecasts

How Does the Fed’s Policy Decision Affect Global Currency Forecasts?

14 Dec 2016 at 5 PM - Written by Frank Davies

The Federal Reserve’s Wednesday policy decision continued to have a strong effect on global foreign exchange markets on Thursday afternoon. Demand for risk-correlated currencies like the Australian Dollar and New Zealand Dollar remained limited, while the US Dollar continued to surge against rivals with a close negative correlation like the Euro and Japanese Yen. This US Dollar strength will depend on whether this hawkish...

CATEGORIES: Australian Dollar Forecasts Canadian Dollar Forecasts Currency Predictions Daily Currency Updates Pound Dollar Forecasts Pound Euro Forecasts

Pound Sterling (GBP) to US Dollar (USD) Fluctuates Ahead of Fed’s December Meeting

14 Dec 2016 at 3 PM - Written by John Cameron

The Pound to US Dollar exchange rate extended its lows on Thursday afternoon as the Bank of England’s final meeting of 2016 didn’t give GBP traders anything to get excited about. The bank indicated that even if inflation were to continue increasing in 2017, it would not be enough to cause them to tighten Britain’s monetary policy. This bearish outlook for Britain was a stark contrast compared to the Fed’s hawkishness...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

GBP/CAD Slides after Disappointing UK Labour Data

14 Dec 2016 at 1 PM - Written by Ben Hughes

The Pound to Canadian Dollar exchange rate fluctuated in a wider region on Thursday afternoon, as the day’s Bank of England (BoE) meeting disappointed investors and left the Pound increasingly volatile. The bank’s policymakers indicated that higher inflation in 2017 would not be enough to pressure the bank into tightening monetary policy. Despite this, the ‘Loonie’ struggled to sustain many gains due to the risk-off...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Canadian Dollar Forecasts

Exchange Rate Forecast - GBP AUD Gains as Pound Boosted by UK CPI

13 Dec 2016 at 3 PM - Written by Frank Davies

GBP AUD Exchange Rate Firmed by Unexpected Rise in UK Inflation The Pound has been in demand against the Australian Dollar today, thanks to the earlier UK inflation rate figures for November rising above forecasts. While an advance from 0.9% to 1% on the year had been predicted anyway, the annual rise to 1.2% turned the Pound bullish and triggered a major rally for Sterling over the course of the day. Elsewhere in UK...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Daily Currency Updates Pound Sterling Forecasts

Currency News: Impressive UK Inflation Sees Pound US Dollar Exchange Rate Climb

13 Dec 2016 at 2 PM - Written by Toni Johnson

The Pound to US Dollar exchange rate succeeded in holding its Monday gains and continued edging higher thanks to the day’s solid UK Consumer Price Index (CPI) results. Expectations of a Fed rate hike kept the ‘Greenback’ firm. GBP/USD has gained over a cent since markets opened this week. On Monday, GBP/USD climbed from opening levels of 1.2570 to around 1.2680. Tuesday saw the pair hit a weekly high of 1.2719, but the...

CATEGORIES: Currency Predictions Daily Currency Updates Dollar Pound Forecasts

Trump’s Twitter Comments See Pound US Dollar Exchange Rate Rally

12 Dec 2016 at 5 PM - Written by James Fuller

GBP USD Exchange Rate Update: Pound Demand Rises despite Slow Data Day The Pound has risen considerably against the US Dollar today, posting gains of 0.7% to rise to a GBP USD interbank exchange rate of 1.26. This sizable advance against the US Dollar has come against conventional logic, as little especially positive UK news has been released today. The British Chambers of Commerce (BCC) have forecast that UK economic...

CATEGORIES: Currency Predictions Daily Currency Updates Dollar Pound Forecasts

Pound Euro Exchange Rate Strengthens on Data-Light Day and Brexit Speculation

12 Dec 2016 at 3 PM - Written by Tim Boyer

Pound Sterling Trends Higher on Brexit Speculation In the absence of fresh domestic data the Pound Euro (GBP EUR) exchange rate has nevertheless trended higher at the start of the week as the mood towards Sterling turned generally positive. Hopes remain that the government will not pursue a hard Brexit, with a campaign group pushing for an assurance that non-British EU nationals will have their residency guaranteed when the...

CATEGORIES: Pound Euro Forecasts