Currency News

Daily Exchange Rate Forecasts & Currency News

Currency Predictions

A round up of the latest currency predictions from the Currency News desk.

GBP NZD Exchange Rate Trended Higher as Market Confidence Faded

27 Mar 2017 at 5 PM - Written by Tim Boyer

As risk appetite weakened substantially at the start of the week the Pound Sterling to New Zealand Dollar exchange rate was prompted to trend sharply higher. GBP Trends Higher Despite Impending Brexit Trigger Although Theresa May is due to activate Article 50 on Wednesday the Pound (GBP) has remained on a stronger footing, with much...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts

GBP CAD Exchange Rate Spikes as BoE’s Forbes Pushes for Rate Hike

16 Mar 2017 at 2 PM - Written by Frank Davies

The British Pound to Canadian Dollar exchange rate continued to trend near the week’s best levels on Friday afternoon and looked to end the week over half a cent above its opening levels. Oil prices have been in flux throughout the week, making it difficult for the Canadian Dollar to benefit. This week’s Bank of England (BoE) news has...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Canadian Dollar Forecasts

USD GBP Exchange Rate Could Surge on Hawkish Fed Commentary

15 Mar 2017 at 4 PM - Written by Ben Hughes

The US Dollar to British Pound exchange rate plunged on Thursday afternoon following the week’s Bank of England (BoE) policy decision. While monetary policy was left frozen as expected, Kristin Forbes, a member of the Monetary Policy Committee (MPC), unexpectedly voted to hike UK interest rates back up to 0.5%. This bolstered bets that...

CATEGORIES: Currency Predictions Daily Currency Updates Dollar Pound Forecasts

GBP AUD Exchange Rate Rises as UK Unemployment Hits Lowest Level Since 1975

15 Mar 2017 at 10 AM - Written by James Fuller

The British Pound to Australian Dollar exchange rate surged on Thursday afternoon following the Bank of England’s (BoE) March policy decision due to hawkish action from one member of the Monetary Policy Committee (MPC). Kristin Forbes voted to hike UK interest rates back up to 0.5%. While policy was left frozen, this impressed traders as...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Daily Currency Updates

GBP to NZD Ending Week Higher Despite Lack of Pound Optimism

10 Mar 2017 at 10 AM - Written by Toni Johnson

The British Pound to New Zealand Dollar exchange rate has advanced over the last week despite a lack of appeal in Sterling amid mixed ecostats and fresh Brexit jitters. Low risk-sentiment has seen traders selling off the New Zealand Dollar. GBP/NZD began this week trading at the level of 1.7460 and has gained over a cent throughout the...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts

USD AUD Exchange Rate Trends Higher Ahead of US Payrolls Data

9 Mar 2017 at 5 PM - Written by John Cameron

The US Dollar to Australian Dollar exchange rate fell from its highs on Friday afternoon but remained well above the week’s opening levels. While the day’s US Non-Farm Payroll report was generally impressive, investors perceived a rate hike from the Fed next week as being priced into the US Dollar and so began to indulge in riskier...

CATEGORIES: Australian Dollar Forecasts Currency Predictions

GBP NOK Exchange Rate Jumps as Oil Prices Plummet

9 Mar 2017 at 11 AM - Written by Frank Davies

The British Pound to Norwegian Krone exchange rate looked to end the week well above its opening levels despite broad weakness in the Pound as the Krone remained weak on disappointing oil news. Despite continued oil production cuts from OPEC and other collaborating oil producers, oil stocks remain high and the commodity’s prices are...

CATEGORIES: Currency Predictions Pound Norwegian Krone Forecasts

GBP INR Exchange Rate Slides as Pre-Budget Fears Grip Traders

7 Mar 2017 at 3 PM - Written by John Cameron

GBP Losses Persist as OECD Offers Mixed Outlook The Pound has dropped against the Indian Rupee today due to uncertainty about Wednesday’s Spring Budget, which comes at a historic time in the UK economy. As well as coming over 6 months after the EU Referendum vote to leave the EU, the budget is also sandwiched on the other side by the...

CATEGORIES: Currency Predictions Pound Rupee Forecasts

GBP EUR Exchange Rate Stabilises as Greek GDP Disappoints

6 Mar 2017 at 4 PM - Written by Ben Hughes

The British Pound to Euro exchange rate continued to trend near its worst levels since mid-January on Tuesday afternoon despite mixed Eurozone ecostats. Wednesday will see the UK Budget Statement being delivered by UK Chancellor of the Exchequer Philip Hammond. If Hammond surprises and impresses traders by revealing new infrastructure...

CATEGORIES: Currency Predictions Daily Currency Updates Euro Forecasts Pound Sterling Forecasts

GBP NZD Exchange Rate Rallies after Fed Rate Hike Odds Damage NZD Demand

6 Mar 2017 at 4 PM - Written by Tim Boyer

On Tuesday afternoon the British Pound to New Zealand Dollar exchange rate continued to trend with a downside bias despite a drop in price for New Zealand’s most lucrative commodity. During the 07/03 Global Dairy Trade (GDT) auction, dairy prices dropped by -6.3% and hit their worst levels since October 2016, which could dampen demand...

CATEGORIES: Currency Predictions Daily Currency Updates Pound New Zealand Dollar Forecasts

GBP NZD Exchange Rate Trended Higher as Market Confidence Faded

27 Mar 2017 at 5 PM - Written by Tim Boyer

As risk appetite weakened substantially at the start of the week the Pound Sterling to New Zealand Dollar exchange rate was prompted to trend sharply higher. GBP Trends Higher Despite Impending Brexit Trigger Although Theresa May is due to activate Article 50 on Wednesday the Pound (GBP) has remained on a stronger footing, with much...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts

GBP CAD Exchange Rate Spikes as BoE’s Forbes Pushes for Rate Hike

16 Mar 2017 at 2 PM - Written by Frank Davies

The British Pound to Canadian Dollar exchange rate continued to trend near the week’s best levels on Friday afternoon and looked to end the week over half a cent above its opening levels. Oil prices have been in flux throughout the week, making it difficult for the Canadian Dollar to benefit. This week’s Bank of England (BoE) news has...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Canadian Dollar Forecasts

USD GBP Exchange Rate Could Surge on Hawkish Fed Commentary

15 Mar 2017 at 4 PM - Written by Ben Hughes

The US Dollar to British Pound exchange rate plunged on Thursday afternoon following the week’s Bank of England (BoE) policy decision. While monetary policy was left frozen as expected, Kristin Forbes, a member of the Monetary Policy Committee (MPC), unexpectedly voted to hike UK interest rates back up to 0.5%. This bolstered bets that...

CATEGORIES: Currency Predictions Daily Currency Updates Dollar Pound Forecasts

GBP AUD Exchange Rate Rises as UK Unemployment Hits Lowest Level Since 1975

15 Mar 2017 at 10 AM - Written by James Fuller

The British Pound to Australian Dollar exchange rate surged on Thursday afternoon following the Bank of England’s (BoE) March policy decision due to hawkish action from one member of the Monetary Policy Committee (MPC). Kristin Forbes voted to hike UK interest rates back up to 0.5%. While policy was left frozen, this impressed traders as...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Daily Currency Updates

GBP to NZD Ending Week Higher Despite Lack of Pound Optimism

10 Mar 2017 at 10 AM - Written by Toni Johnson

The British Pound to New Zealand Dollar exchange rate has advanced over the last week despite a lack of appeal in Sterling amid mixed ecostats and fresh Brexit jitters. Low risk-sentiment has seen traders selling off the New Zealand Dollar. GBP/NZD began this week trading at the level of 1.7460 and has gained over a cent throughout the...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts

USD AUD Exchange Rate Trends Higher Ahead of US Payrolls Data

9 Mar 2017 at 5 PM - Written by John Cameron

The US Dollar to Australian Dollar exchange rate fell from its highs on Friday afternoon but remained well above the week’s opening levels. While the day’s US Non-Farm Payroll report was generally impressive, investors perceived a rate hike from the Fed next week as being priced into the US Dollar and so began to indulge in riskier...

CATEGORIES: Australian Dollar Forecasts Currency Predictions

GBP NOK Exchange Rate Jumps as Oil Prices Plummet

9 Mar 2017 at 11 AM - Written by Frank Davies

The British Pound to Norwegian Krone exchange rate looked to end the week well above its opening levels despite broad weakness in the Pound as the Krone remained weak on disappointing oil news. Despite continued oil production cuts from OPEC and other collaborating oil producers, oil stocks remain high and the commodity’s prices are...

CATEGORIES: Currency Predictions Pound Norwegian Krone Forecasts

GBP INR Exchange Rate Slides as Pre-Budget Fears Grip Traders

7 Mar 2017 at 3 PM - Written by John Cameron

GBP Losses Persist as OECD Offers Mixed Outlook The Pound has dropped against the Indian Rupee today due to uncertainty about Wednesday’s Spring Budget, which comes at a historic time in the UK economy. As well as coming over 6 months after the EU Referendum vote to leave the EU, the budget is also sandwiched on the other side by the...

CATEGORIES: Currency Predictions Pound Rupee Forecasts

GBP EUR Exchange Rate Stabilises as Greek GDP Disappoints

6 Mar 2017 at 4 PM - Written by Ben Hughes

The British Pound to Euro exchange rate continued to trend near its worst levels since mid-January on Tuesday afternoon despite mixed Eurozone ecostats. Wednesday will see the UK Budget Statement being delivered by UK Chancellor of the Exchequer Philip Hammond. If Hammond surprises and impresses traders by revealing new infrastructure...

CATEGORIES: Currency Predictions Daily Currency Updates Euro Forecasts Pound Sterling Forecasts

GBP NZD Exchange Rate Rallies after Fed Rate Hike Odds Damage NZD Demand

6 Mar 2017 at 4 PM - Written by Tim Boyer

On Tuesday afternoon the British Pound to New Zealand Dollar exchange rate continued to trend with a downside bias despite a drop in price for New Zealand’s most lucrative commodity. During the 07/03 Global Dairy Trade (GDT) auction, dairy prices dropped by -6.3% and hit their worst levels since October 2016, which could dampen demand...

CATEGORIES: Currency Predictions Daily Currency Updates Pound New Zealand Dollar Forecasts