Currency News

Daily Exchange Rate Forecasts & Currency News

Currency Predictions

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

USD CAD Exchange Rate Slides as Fed Appears to be in No Hurry to Hike Rates

23 Feb 2017 at 4 PM - Written by Ben Hughes

The US Dollar to Canadian Dollar exchange rate trended flatly near the week’s opening levels on Friday afternoon after hitting a new weekly low of 1.3064. Demand for the Canadian Dollar improved following the publication of Canada’s impressive January Consumer Price Index (CPI) results. Year-on-year inflation rose from 1.2% to 2.1%...

CATEGORIES: Currency Predictions Daily Currency Updates

GBP NZD Exchange Rate Tight after UK Trade Surplus Hits Record High, Article 50 Debate Continues

21 Feb 2017 at 4 PM - Written by John Cameron

The British Pound to New Zealand Dollar exchange rate was able to limit its losses on Wednesday afternoon after UK growth results disappointed investors earlier in the day. Demand for risky currencies like the ‘Kiwi’ faded on Wednesday afternoon as investors awaited the publication of the Federal Reserve’s latest minutes report....

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

House of Lords Set to Debate Brexit Bill, GBP CAD Exchange Rate Rallies

20 Feb 2017 at 2 PM - Written by Ben Hughes

The GBP CAD exchange rate has rallied by around a cent from its starting levels today as investors are optimistic about the possibility of the House of Lords making amendments to the government's Article 50 legislation. Pound Canadian Dollar (GBP CAD) Climbs as Peers Debate Brexit Bill The Pound Canadian Dollar (GBP CAD) exchange rate...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Canadian Dollar Forecasts

EUR USD Exchange Rate Rises after Trump Changes Tact on Israeli-Palestinian Conflict

16 Feb 2017 at 1 PM - Written by John Cameron

The Euro to US Dollar exchange rate slipped back from its weekly highs on Friday afternoon and looked to end the week nearer its opening levels at around 1.06. Demand for the US Dollar improved on Friday afternoon as the day’s US leading index report improved from 0.5% to 0.6% month-on-month, despite being predicted to remain at...

CATEGORIES: Currency Predictions Euro Forecasts

UK Jobs Data Shows Slowing Wage Growth, GBP USD Exchange Rate Falls

15 Feb 2017 at 11 AM - Written by Toni Johnson

The British Pound to US Dollar exchange rate made modest gains during Thursday’s European session, despite this week’s impressive US data. As ‘Greenback’ traders focused on stock markets and anticipate US President Trump’s upcoming tax reform plans, the US currency remained jittery. Sterling was bought from its lows on Thursday...

CATEGORIES: Currency Predictions Daily Currency Updates Dollar Pound Forecasts

Weaker German GDP Failed to Shore up GBP EUR after Disappointing UK Inflation

14 Feb 2017 at 4 PM - Written by John Cameron

The British Pound to Euro exchange rate continued to perform poorly on Wednesday afternoon. However, the Euro was weakened during the American session by a surge of USD demand allowing GBP/EUR to hold above its worst levels. Movement in the Pound to Euro exchange rate is likely to be quiet on Thursday due to a lack of fresh economic news...

CATEGORIES: Currency Predictions Euro Forecasts

GBP to AUD Exchange Rate Advances as Risk-Sentiment Fades

13 Feb 2017 at 11 AM - Written by Ben Hughes

The Pound to Australian Dollar exchange rate’s losses were minimised on Tuesday afternoon, as markets suddenly took a risk-off turn and sold the ‘Aussie’ due to an increase in demand for the US Dollar. Perceived hawkishness from Federal Reserve Chairwoman Janet Yellen left risky currencies like the ‘Aussie’ weaker on Tuesday...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Australian Dollar Forecasts

Narrowed UK Trade Deficit Failed to Shore up GBP JPY Exchange Rate

10 Feb 2017 at 2 PM - Written by Frank Davies

In spite of December’s UK trade deficit narrowing further than forecast alongside a surge in industrial production figures the Pound Sterling Japanese Yen (GBP JPY) exchange rate remained weak ahead of the weekend. Solid UK Data Struggled to Boost GBP Demand While the UK visible trade balance was found to have narrowed from -11.5...

CATEGORIES: Currency Predictions Japanese Yen Forecasts Pound Sterling Forecasts

GBP to CAD Exchange Rate Advances as Fresh Oil Concerns Emerge

9 Feb 2017 at 12 PM - Written by Ben Hughes

The British Pound to Canadian Dollar exchange rate plunged on Friday afternoon. While the day’s UK data was impressive, the day’s strong Canadian employment report came as a real surprise to traders. Not only did Canada avoid losing -5k jobs in January, it made 48.3k new jobs. The participation rate increased from 65.8% to 65.9% and...

CATEGORIES: Canadian Dollar Forecasts Currency Predictions Daily Currency Updates

GBP NZD Exchange Rate to Trend Lower Ahead of RBNZ Decision

7 Feb 2017 at 4 PM - Written by Tim Boyer

The British Pound to New Zealand Dollar exchange rate continued to trend relatively flatly throughout Wednesday afternoon. While the Pound slipped from its best levels later in the day, the weak ‘Kiwi’ was unable to capitalise. Demand for the Pound faded ahead of the UK Parliament’s final vote on Article 50, while the New Zealand...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts Pound Sterling Forecasts

USD CAD Exchange Rate Slides as Fed Appears to be in No Hurry to Hike Rates

23 Feb 2017 at 4 PM - Written by Ben Hughes

The US Dollar to Canadian Dollar exchange rate trended flatly near the week’s opening levels on Friday afternoon after hitting a new weekly low of 1.3064. Demand for the Canadian Dollar improved following the publication of Canada’s impressive January Consumer Price Index (CPI) results. Year-on-year inflation rose from 1.2% to 2.1%...

CATEGORIES: Currency Predictions Daily Currency Updates

GBP NZD Exchange Rate Tight after UK Trade Surplus Hits Record High, Article 50 Debate Continues

21 Feb 2017 at 4 PM - Written by John Cameron

The British Pound to New Zealand Dollar exchange rate was able to limit its losses on Wednesday afternoon after UK growth results disappointed investors earlier in the day. Demand for risky currencies like the ‘Kiwi’ faded on Wednesday afternoon as investors awaited the publication of the Federal Reserve’s latest minutes report....

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

House of Lords Set to Debate Brexit Bill, GBP CAD Exchange Rate Rallies

20 Feb 2017 at 2 PM - Written by Ben Hughes

The GBP CAD exchange rate has rallied by around a cent from its starting levels today as investors are optimistic about the possibility of the House of Lords making amendments to the government's Article 50 legislation. Pound Canadian Dollar (GBP CAD) Climbs as Peers Debate Brexit Bill The Pound Canadian Dollar (GBP CAD) exchange rate...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Canadian Dollar Forecasts

EUR USD Exchange Rate Rises after Trump Changes Tact on Israeli-Palestinian Conflict

16 Feb 2017 at 1 PM - Written by John Cameron

The Euro to US Dollar exchange rate slipped back from its weekly highs on Friday afternoon and looked to end the week nearer its opening levels at around 1.06. Demand for the US Dollar improved on Friday afternoon as the day’s US leading index report improved from 0.5% to 0.6% month-on-month, despite being predicted to remain at...

CATEGORIES: Currency Predictions Euro Forecasts

UK Jobs Data Shows Slowing Wage Growth, GBP USD Exchange Rate Falls

15 Feb 2017 at 11 AM - Written by Toni Johnson

The British Pound to US Dollar exchange rate made modest gains during Thursday’s European session, despite this week’s impressive US data. As ‘Greenback’ traders focused on stock markets and anticipate US President Trump’s upcoming tax reform plans, the US currency remained jittery. Sterling was bought from its lows on Thursday...

CATEGORIES: Currency Predictions Daily Currency Updates Dollar Pound Forecasts

Weaker German GDP Failed to Shore up GBP EUR after Disappointing UK Inflation

14 Feb 2017 at 4 PM - Written by John Cameron

The British Pound to Euro exchange rate continued to perform poorly on Wednesday afternoon. However, the Euro was weakened during the American session by a surge of USD demand allowing GBP/EUR to hold above its worst levels. Movement in the Pound to Euro exchange rate is likely to be quiet on Thursday due to a lack of fresh economic news...

CATEGORIES: Currency Predictions Euro Forecasts

GBP to AUD Exchange Rate Advances as Risk-Sentiment Fades

13 Feb 2017 at 11 AM - Written by Ben Hughes

The Pound to Australian Dollar exchange rate’s losses were minimised on Tuesday afternoon, as markets suddenly took a risk-off turn and sold the ‘Aussie’ due to an increase in demand for the US Dollar. Perceived hawkishness from Federal Reserve Chairwoman Janet Yellen left risky currencies like the ‘Aussie’ weaker on Tuesday...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Australian Dollar Forecasts

Narrowed UK Trade Deficit Failed to Shore up GBP JPY Exchange Rate

10 Feb 2017 at 2 PM - Written by Frank Davies

In spite of December’s UK trade deficit narrowing further than forecast alongside a surge in industrial production figures the Pound Sterling Japanese Yen (GBP JPY) exchange rate remained weak ahead of the weekend. Solid UK Data Struggled to Boost GBP Demand While the UK visible trade balance was found to have narrowed from -11.5...

CATEGORIES: Currency Predictions Japanese Yen Forecasts Pound Sterling Forecasts

GBP to CAD Exchange Rate Advances as Fresh Oil Concerns Emerge

9 Feb 2017 at 12 PM - Written by Ben Hughes

The British Pound to Canadian Dollar exchange rate plunged on Friday afternoon. While the day’s UK data was impressive, the day’s strong Canadian employment report came as a real surprise to traders. Not only did Canada avoid losing -5k jobs in January, it made 48.3k new jobs. The participation rate increased from 65.8% to 65.9% and...

CATEGORIES: Canadian Dollar Forecasts Currency Predictions Daily Currency Updates

GBP NZD Exchange Rate to Trend Lower Ahead of RBNZ Decision

7 Feb 2017 at 4 PM - Written by Tim Boyer

The British Pound to New Zealand Dollar exchange rate continued to trend relatively flatly throughout Wednesday afternoon. While the Pound slipped from its best levels later in the day, the weak ‘Kiwi’ was unable to capitalise. Demand for the Pound faded ahead of the UK Parliament’s final vote on Article 50, while the New Zealand...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts Pound Sterling Forecasts