Currency News: UK daily forex news and forecasts

The Pound to Euro exchange rate (GBP/EUR) got off to a choppy start this week as a combination of looming UK economic data and rising geopolitical tensions left the pairing without clear direction. At the time of writing, GBP/EUR was trading around €1.1528, little changed from its opening levels as markets struggled to find a decisive catalyst. The Euro (EUR) wavered early in the session as investors digested fresh US...

The Pound to US Dollar exchange rate (GBP/USD) opened the week on firm footing as investors reacted to fresh tariff rhetoric from US President Donald Trump linked to Greenland. At the time of writing, GBP/USD was trading near $1.3403, only modestly up from Monday’s opening levels. The US Dollar (USD) struggled for momentum at the start of the week as renewed geopolitical uncertainty weighed on investor...

The Euro to Dollar exchange rate (EUR/USD) has eased back from recent highs, slipping toward 1.16 as investors grow more cautious on the timing and scale of Federal Reserve rate cuts. While some banks still see scope for euro gains over the medium term, resilient US data and a firmer dollar tone have capped upside for now. Markets are increasingly focused on Fed policy credibility and whether US rates can stay higher...

The Pound to Dollar exchange rate (GBP/USD) has edged lower after failing to hold recent highs, with the dollar regaining some traction as markets reassess the outlook for US interest rates and Federal Reserve leadership. Forecasts for the pair are increasingly split, highlighting uncertainty over whether dollar strength will persist or give way to renewed selling if institutional risks around the Fed intensify later this...

The Pound to Euro exchange rate (GBP/EUR) is struggling to build on recent gains, holding around 1.1550 as markets weigh improved UK growth data against a more challenging medium-term outlook. Investment banks largely expect narrowing yield differentials, further BoE easing and domestic political uncertainty to keep Sterling on the defensive against the euro next year. GBP/EUR Forecasts: Political Focus Deutsche Bank...

The Pound to Dollar exchange rate (GBP/USD) slipped to four-week lows on Thursday as resilient US economic data underpinned demand for the greenback and outweighed support from stronger-than-expected UK GDP figures. GBP/USD Forecasts: Dip to 4-Week Lows The Pound to Dollar (GBP/USD) exchange rate was unable to gain any traction from the stronger than expected UK GDP data and dipped below the 1.3400 level after the US...

The Pound-to-Euro exchange rate (GBP/EUR) edged higher after traders absorbed stronger-than-expected UK GDP data, with Sterling finding support as immediate recession fears eased and risk appetite improved. GBP/EUR Forecasts: Looking to Target 4-Month Highs There was a muted initial response to the UK GDP data, but the Pound has gained some traction with the Pound to Euro (GBP/EUR) exchange rate edging above the 1.15750...

The Pound to US Dollar exchange rate (GBP/USD) slipped back on Thursday after an initial lift from stronger-than-expected UK growth data faded, leaving investors unconvinced that the rebound marked a turning point for the British economy. At the time of writing, GBP/USD was trading around $1.3415, drifting lower after an early uptick following the UK’s GDP release. The Pound briefly found support after data from the...

The Pound to Euro exchange rate (GBP/EUR) consolidated near €1.15 on Thursday, supported by a stronger-than-expected UK growth reading which helped underpin Sterling sentiment. At the time of writing, GBP/EUR was trading at roughly €1.1555, marking a modest advance from the start of Thursday’s session. The Pound (GBP) found a firmer footing after the release of the UK’s latest GDP figures surprised to the...

The Pound to Dollar exchange rate (GBP/USD) traded close to 1.3450 after UK GDP data surprised on the upside. Official figures showed the UK economy grew faster than expected in November, easing immediate recession fears and helping the Pound hold firm above the 1.3400 support area despite ongoing geopolitical and Federal Reserve-related uncertainties. GBP/USD Forecasts: Trades Near 1.3450 The Pound to Dollar...