Currency News: UK daily forex news and forecasts
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Latest Currency News Headlines
GBP to USD Exchange Rate Close to 5-Month-Highs despite Brexit Uncertainties
18 Oct 2019 at 11 AM - Written by Toni Johnson
STORY LINK GBP to USD Exchange Rate Close to 5-Month-Highs despite Brexit Uncertainties
Yesterday’s excitement that a new UK-EU Brexit deal had been reached has only had a limited impact on the British Pound to US Dollar (GBP/USD) exchange rate, as markets remember that there is not much support among MPs for the government’s Brexit plan. Despite this though, the Pound continues to perform fairly strongly today as the US Dollar is dragged by poor US ecostats published in recent sessions.
For now, GBP/USD is on...
CATEGORIES: Pound Dollar Forecasts
GBP to CHF Exchange Rate Fails to Hold 5-Month-Best despite Announcement of New UK-EU Brexit Deal
17 Oct 2019 at 4 PM - Written by Tim Boyer
STORY LINK GBP to CHF Exchange Rate Fails to Hold 5-Month-Best despite Announcement of New UK-EU Brexit Deal
Despite today’s news that a new UK-EU Brexit deal has finally been reached, the British Pound to Swiss Franc (GBP/CHF) exchange rate only briefly touched on best levels today before sliding and trending lower again. Resilience in the Swiss Franc, combined with lasting uncertainty over whether the Brexit deal would actually pass through UK Parliament, limited market demand for the pair today.
Following last week’s impressive...
CATEGORIES: Pound Swiss Franc Forecasts
Pound US Dollar Exchange Rate News: GBP/USD Breaks Above $1.28 on Brexit Deal Optimism
16 Oct 2019 at 1 PM - Written by John Cameron
STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Breaks Above $1.28 on Brexit Deal Optimism
Pound (GBP) Surges on Positive Brexit Deal Signals
The Pound (GBP) stuck higher against the US Dollar (USD) and the majority of its other peers today amidst some mixed signals from the UK and EU over the possibility of a Brexit deal.
Sterling roared higher on Tuesday, with the GBP/USD exchange rate touching a new four-month high after Bloomberg reported the UK and EU were close to a draft Brexit deal.
However the Pound...
CATEGORIES: Dollar Pound Forecasts
‘Very Possible’ Brexit Deal Buoys Pound US Dollar (GBP/USD) Exchange Rate
15 Oct 2019 at 3 PM - Written by John Cameron
STORY LINK ‘Very Possible’ Brexit Deal Buoys Pound US Dollar (GBP/USD) Exchange Rate
Pound US Dollar (GBP/USD) Exchange Rate Rises as Brexit Deal ‘Still Possible’
The Pound Sterling US Dollar (GBP/USD) exchange rate jumped over 1%, and the pairing is currently trading at around $1.2745.
Tuesday saw the pairing held near the three and a half month high reached last week, as a fresh wave of Brexit optimism was sparked by comments from the European Union’s chief negotiator, Michel Barnier.
CATEGORIES: Pound Dollar Forecasts
GBP to JPY Exchange Rate Gains Limited as Safe Haven Demand Returns on Tempered US-China Hopes
15 Oct 2019 at 1 PM - Written by James Fuller
STORY LINK GBP to JPY Exchange Rate Gains Limited as Safe Haven Demand Returns on Tempered US-China Hopes
As with many Pound exchange rates, the British Pound to Japanese Yen (GBP/JPY) exchange rate recovered from yesterday’s dip overnight thanks to this morning’s Brexit comments from EU Chief Negotiator Michel Barnier. However, the Pound’s gains against the Yen were modest and limited, as investors were hesitant to sell the safe haven Japanese Yen amid the latest rise in US-China trade jitters.
A combination of Brexit hopes...
CATEGORIES: Pound Yen Forecasts
Pound US Dollar (GBP/USD) Exchange Rate Sinks on UK-EU Brexit Deal Uncertainty
14 Oct 2019 at 2 PM - Written by John Cameron
STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Sinks on UK-EU Brexit Deal Uncertainty
GBP/USD Exchange Rate Falls, Brexit Talks Could Exceed EU Summit
The Pound US Dollar (GBP/USD) exchange rate fell by -0.8% today, with the pairing currently trading around $1.254 after a UK-EU Brexit breakthrough failed to manifest after the weekend’s intensive negotiations. Michel Barnier, the EU’s Chief Negotiator, also added that talks may have to continue after the EU summit this week, further raising doubts of an October...
CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts