Currency News

Daily Exchange Rate Forecasts & Currency News

Currency Predictions

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

Could the GBP NZD Exchange Rate Slump Further on UK Borrowing Figures?

20 Aug 2017 at 9 AM - Written by Minesh Chaudhari

Even though market jitters mounted ahead of the weekend this was not enough to shore up the Pound New Zealand Dollar exchange rate. The mood towards the Pound remained distinctly bearish even in the wake of a stronger-than-expected uptick in July’s UK retail sales data. Although the headline figures were positive, though, the...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts

Pound to South African Rand Exchange Rate Predictions: Gold Prices Support ZAR

20 Aug 2017 at 8 AM - Written by John Cameron

The Pound South African Rand exchange rate is seen trading higher at the beginning of the new week on currency markets, quoted at 16.99719. The euro and US dollar are also clawing back some losses. GBP/ZAR posted significant losses last week as foreign exchange markets were left disappointed by the UK's latest inflation...

CATEGORIES: Currency Predictions Pound Rand Forecasts

British Pound to Euro FX Rate Flounders on Lack of Data

18 Aug 2017 at 5 PM - Written by John Cameron

The pound to euro exchange rate crashed lower on Friday afternoon as a UK data drought left Sterling vulnerable to yesterday’s mixed retail sales figures and continued scepticism regarding the UK’s Brexit negotiations. Year-on-year UK retail sales increased by 1.3% in July, significantly down from the previous month’s revised 2.8%...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound Euro (GBP EUR) Slides as UK Inflation Disappoints

15 Aug 2017 at 11 AM - Written by John Cameron

The Pound to Euro exchange rate pared its gains this morning after the release of significant data prints for both the UK and Germany. The UK’s year-on-year inflation rate remained steady at 2.6% - the same growth exhibited in June – missing expectations of 2.7%. The prices of clothing, gas, electricity, food, household goods and...

CATEGORIES: Currency Predictions Daily Currency Updates Euro Forecasts

Pound Australian Dollar (GBP AUD) Drops after ‘Super Thursday’s’ Dovish BoE Announcement

4 Aug 2017 at 5 PM - Written by John Cameron

The Pound to Australian Dollar (GBP AUD) exchange rate plummeted yesterday after a spate of dovish announcements from the Bank of England (BoE). As forecast, the BoE took a particularly dovish tone, announcing that it will be keeping interest rates on hold at 0.25% with a vote of 6-2. Notably, however, the bank also surprisingly...

CATEGORIES: Australian Dollar Forecasts Currency Predictions

GBP EUR Exchange Rate Rallies as German Inflation Misses Forecast

30 May 2017 at 4 PM - Written by Minesh Chaudhari

Speculation over Greece and the potential reigniting of the Eurozone debt crisis encouraged the Pound Euro exchange rate to trend higher. As German media reported that Greece could be at risk of defaulting on its next bailout repayment in July the appeal of the single currency weakened markedly, despite Greek officials rapidly rejecting...

CATEGORIES: Currency Predictions Euro Pound Forecasts Pound Euro Forecasts

GBP EUR Exchange Rate near Weekly Low Following Downbeat UK Growth Figures

25 May 2017 at 3 PM - Written by Minesh Chaudhari

The Pound Euro (GBP EUR) exchange rate was subdued in trading today as the UK’s latest GDP estimate saw Q1 growth revised down. According to the latest estimate published by the Office for National Statistics (ONS) the UK’s GDP fell from 0.7% to 0.2% in the first quarter of 2017, being revised down from the original estimate of 0.3%...

CATEGORIES: Currency Predictions Euro Forecasts

GBP EUR Exchange Rate Tumbles as Merkel Decries ‘Weak’ Euro

22 May 2017 at 5 PM - Written by Toni Johnson

The Pound Euro (GBP EUR) exchange rate plummeted over half a cent in trade today following comments from German Chancellor Angela Merkel. In a panel with a group of students at Kurt Tucholsky high school in Berlin today Merkel was discussing building a closer relationship with new French President Emmanuel Macron when she was asked about...

CATEGORIES: Currency Predictions Pound Euro Forecasts

GBP USD Exchange Rate Rockets to Seven-Month High as Retail Sales Surge

18 May 2017 at 2 PM - Written by Ben Hughes

The GBP USD exchange rate surged to a new seven-month high this morning as the UK’s retail sales grew faster than expected last month. The Pound leapt over $1.30 for the first time since early October as data released by the Office for National Statistics (ONS) showed that UK retail sales surged from -1.4% to 2.3% in April, sailing past...

CATEGORIES: Currency Predictions Dollar Pound Forecasts

GBP to AUD Exchange Rate Surges Despite Strong Australian Employment Data

18 May 2017 at 12 PM - Written by Tim Boyer

After volatile movement earlier in the week, the Pound to Australian Dollar exchange rate saw strong surge on Thursday in reaction to Britain’s latest retail sales data. The pair easily pushed higher due to poor risk-sentiment. GBP/AUD began the week trending at around 1.7440 and fluctuated between 1.7350 and 1.7530 for most of the week...

CATEGORIES: Australian Dollar Forecasts Currency Predictions

Could the GBP NZD Exchange Rate Slump Further on UK Borrowing Figures?

20 Aug 2017 at 9 AM - Written by Minesh Chaudhari

Even though market jitters mounted ahead of the weekend this was not enough to shore up the Pound New Zealand Dollar exchange rate. The mood towards the Pound remained distinctly bearish even in the wake of a stronger-than-expected uptick in July’s UK retail sales data. Although the headline figures were positive, though, the...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts

Pound to South African Rand Exchange Rate Predictions: Gold Prices Support ZAR

20 Aug 2017 at 8 AM - Written by John Cameron

The Pound South African Rand exchange rate is seen trading higher at the beginning of the new week on currency markets, quoted at 16.99719. The euro and US dollar are also clawing back some losses. GBP/ZAR posted significant losses last week as foreign exchange markets were left disappointed by the UK's latest inflation...

CATEGORIES: Currency Predictions Pound Rand Forecasts

British Pound to Euro FX Rate Flounders on Lack of Data

18 Aug 2017 at 5 PM - Written by John Cameron

The pound to euro exchange rate crashed lower on Friday afternoon as a UK data drought left Sterling vulnerable to yesterday’s mixed retail sales figures and continued scepticism regarding the UK’s Brexit negotiations. Year-on-year UK retail sales increased by 1.3% in July, significantly down from the previous month’s revised 2.8%...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound Euro (GBP EUR) Slides as UK Inflation Disappoints

15 Aug 2017 at 11 AM - Written by John Cameron

The Pound to Euro exchange rate pared its gains this morning after the release of significant data prints for both the UK and Germany. The UK’s year-on-year inflation rate remained steady at 2.6% - the same growth exhibited in June – missing expectations of 2.7%. The prices of clothing, gas, electricity, food, household goods and...

CATEGORIES: Currency Predictions Daily Currency Updates Euro Forecasts

Pound Australian Dollar (GBP AUD) Drops after ‘Super Thursday’s’ Dovish BoE Announcement

4 Aug 2017 at 5 PM - Written by John Cameron

The Pound to Australian Dollar (GBP AUD) exchange rate plummeted yesterday after a spate of dovish announcements from the Bank of England (BoE). As forecast, the BoE took a particularly dovish tone, announcing that it will be keeping interest rates on hold at 0.25% with a vote of 6-2. Notably, however, the bank also surprisingly...

CATEGORIES: Australian Dollar Forecasts Currency Predictions

GBP EUR Exchange Rate Rallies as German Inflation Misses Forecast

30 May 2017 at 4 PM - Written by Minesh Chaudhari

Speculation over Greece and the potential reigniting of the Eurozone debt crisis encouraged the Pound Euro exchange rate to trend higher. As German media reported that Greece could be at risk of defaulting on its next bailout repayment in July the appeal of the single currency weakened markedly, despite Greek officials rapidly rejecting...

CATEGORIES: Currency Predictions Euro Pound Forecasts Pound Euro Forecasts

GBP EUR Exchange Rate near Weekly Low Following Downbeat UK Growth Figures

25 May 2017 at 3 PM - Written by Minesh Chaudhari

The Pound Euro (GBP EUR) exchange rate was subdued in trading today as the UK’s latest GDP estimate saw Q1 growth revised down. According to the latest estimate published by the Office for National Statistics (ONS) the UK’s GDP fell from 0.7% to 0.2% in the first quarter of 2017, being revised down from the original estimate of 0.3%...

CATEGORIES: Currency Predictions Euro Forecasts

GBP EUR Exchange Rate Tumbles as Merkel Decries ‘Weak’ Euro

22 May 2017 at 5 PM - Written by Toni Johnson

The Pound Euro (GBP EUR) exchange rate plummeted over half a cent in trade today following comments from German Chancellor Angela Merkel. In a panel with a group of students at Kurt Tucholsky high school in Berlin today Merkel was discussing building a closer relationship with new French President Emmanuel Macron when she was asked about...

CATEGORIES: Currency Predictions Pound Euro Forecasts

GBP USD Exchange Rate Rockets to Seven-Month High as Retail Sales Surge

18 May 2017 at 2 PM - Written by Ben Hughes

The GBP USD exchange rate surged to a new seven-month high this morning as the UK’s retail sales grew faster than expected last month. The Pound leapt over $1.30 for the first time since early October as data released by the Office for National Statistics (ONS) showed that UK retail sales surged from -1.4% to 2.3% in April, sailing past...

CATEGORIES: Currency Predictions Dollar Pound Forecasts

GBP to AUD Exchange Rate Surges Despite Strong Australian Employment Data

18 May 2017 at 12 PM - Written by Tim Boyer

After volatile movement earlier in the week, the Pound to Australian Dollar exchange rate saw strong surge on Thursday in reaction to Britain’s latest retail sales data. The pair easily pushed higher due to poor risk-sentiment. GBP/AUD began the week trending at around 1.7440 and fluctuated between 1.7350 and 1.7530 for most of the week...

CATEGORIES: Australian Dollar Forecasts Currency Predictions