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Daily Exchange Rate Forecasts & Currency News

Latest Currency News Continued - page 9

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 CHF Exchange Rate Slides after EC President Confirms Brexit ‘Divorce Bill’

24 Mar 2017 at 11 AM - Written by James Fuller

GBP Slumps after Juncker’s “Brexit Bill” Comments With direct UK data in short supply today, the GBP CHF exchange rate has dropped by -0.4%. This follows discouraging remarks from European Commission President Jean-Claude Juncker. Commenting on how Brexit negotiations might proceed, Juncker stated; ‘I am [in] anything but in a hostile mood when it comes to Britain. We will negotiate in a friendly way, a fair way,...

CATEGORIES: Pound Swiss Franc Forecasts

GBP USD Exchange Rate Trended Higher After Bullish Retail Sales

23 Mar 2017 at 4 PM - Written by Ben Hughes

An unexpectedly sharp uptick in UK retail sales helped to boost the Pound US Dollar exchange rate, giving investors fresh reason to pile into Sterling. GBP Boosted by Strong Retail Sales Sales were found to have leapt 1.4% on the month in February, making up for January’s -0.5% contraction. This offered fresh evidence that consumer confidence and spending has largely held up at the start of the year, even as inflation...

CATEGORIES: Pound Dollar Forecasts

Soaring UK Retail Sales Trigger GBP AUD Exchange Rate Rally

23 Mar 2017 at 1 PM - Written by Minesh Chaudhari

GBP AUD Exchange Rate Close to Monthly High on Rising Retail Sales The Pound has risen considerably by 0.6% against the Australian Dollar today, following the news that UK retail sales rose above forecasts in February. While economists have been quick to forecast that Q1 2017 sales may hit the biggest drop since Q4 2010, traders have paid little attention and bought into the Pound heavily. On the other major UK news of...

CATEGORIES: Pound Australian Dollar Forecasts

AUD to NZD Exchange Rate Trends Flatly Near Weekly Lows Ahead of RBNZ Meeting

22 Mar 2017 at 12 PM - Written by Ben Hughes

The Australian Dollar to New Zealand Dollar exchange rate has tumbled since markets opened this week amid a lack of supportive Australian data and more optimistic New Zealand Dollar trade, ahead of this week’s Reserve Bank of New Zealand (RBNZ) meeting. AUD/NZD opened this week at the level of 1.0969 and has since slipped, hitting a low of 1.0876 on Wednesday. This was AUD/NZD’s lowest level in almost two weeks. AUD...

CATEGORIES: Australian Dollar Forecasts New Zealand Dollar Forecasts

GBP JPY Exchange Rate Plummets as Japan’s Trade Balance Rallies

22 Mar 2017 at 11 AM - Written by John Cameron

The GBP JPY exchange rate plummeted this morning following the release of Japan’s latest Trade Balance figures Pound Japanese Yen (GBP JPY) Exchange Rate Falls as Japanese Exports Spike The Pound Japanese Yen (GBP JPY) exchange rate softened on Wednesday following the release of positive trade figures from Japan. Japan’s Ministry of Finance (MOF) reported that the domestic Trade Balance printed a ¥813.4bn surplus...

CATEGORIES: Daily Currency Updates Pound Yen Forecasts

GBP CHF Exchange Rate Accelerates after UK Inflation Hits 2.3%

21 Mar 2017 at 4 PM - Written by James Fuller

The British Pound to Swiss Franc exchange rate slumped on Wednesday afternoon. Investors cooled on the Pound following Tuesday’s rally and demand for traditional ‘safe haven’ currencies like the Franc surged. As demand for the US Dollar weakened and investors began to grow impatient waiting for fiscal policy news from US President Trump, the ‘Trump rally’ unravelled and investors bought into safe havens, benefitting...

CATEGORIES: Pound Swiss Franc Forecasts

Rising UK Inflation Prompted Bullish Run for GBP NZD Exchange Rate

21 Mar 2017 at 4 PM - Written by Tim Boyer

The British Pound to New Zealand Dollar exchange rate fell back towards the week’s opening levels from its weekly highs as the Pound’s inflation-inspired rally ran out of steam. New Zealand Dollar investors are likely to firm in the ‘Kiwi’ ahead of the Reserve Bank of New Zealand’s (RBNZ) policy decision, which takes place in Thursday’s Asian session. [Previously updated 22/03/2017] Ahead of tonight’s...

CATEGORIES: Daily Currency Updates Pound New Zealand Dollar Forecasts

GBP USD Exchange Rate Rises on BoE Rate Hike Speculation

20 Mar 2017 at 12 PM - Written by Ben Hughes

The British Pound to US Dollar exchange rate surged on Tuesday as Britain’s February inflation stats came in well above expectations. Dovish comments from Bank of England (BoE) Governor Mark Carney indicated that the bank will overlook a single point of better-than-expected data. Despite this, markets hopes for a tighter outlook from the BoE continued to increase. [Previously updated 20/03/2017] The GBP USD exchange...

CATEGORIES: Dollar Pound Forecasts

EUR to USD Exchange Rate Tests Monthly Highs on Cautious Optimism in Eurozone

20 Mar 2017 at 11 AM - Written by Ben Hughes

The Euro to US Dollar exchange rate surged on Tuesday, hitting its best levels since early-November 2016 following Monday’s televised French election debate. The debate saw centrist front runner put in a strong performance against his anti-EU opponent Marine Le Pen. As bets of a Macron win increased, the Euro saw relief from its recent populism jitters. [Previously updated 20/03/2017] Last week saw the Euro to US...

CATEGORIES: Daily Currency Updates Euro Forecasts

GBP INR Exchange Rate Extends Gains Despite Scottish Independence Worries

17 Mar 2017 at 4 PM - Written by John Cameron

Following the surprisingly split Bank of England (BoE) vote on interest rates the Pound Sterling to Indian Rupee (GBP INR) exchange rate remained on a stronger footing. BoE Policy Meeting Split Boosted GBP Demand Confidence in the Pound was strongly boosted by the fact that known hawk Kristin Forbes had voted in favour of a 25bpt interest rate hike at Thursday’s BoE policy meeting. However, the general tone of the...

CATEGORIES: Pound Rupee Forecasts Pound Sterling Forecasts