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Currency News: UK daily forex news and forecasts

Welcome to Currency News. Our aim is simple: deliver expert financial comment and analysis on the world currency markets and exchange rates. The latest currency news, exchange rate forecasts, currency predictions and forex data at your fingertips. International payments? Maximise your foreign currency transfers today.

Latest Currency News Headlines

Pound Canadian Dollar Exchange Rate News: Brexit Optimism Catapults GBP/CAD to Three-Month High

13 Sep 2019 at 1 PM - Written by James Fuller

Pound Sterling raced higher on Friday, surging over 1% to strike a three-month high against the Canadian Dollar. © ExchangeRates.org.uk - GBP/CAD exchange rate chart This upswing in the Pound comes hot on the heels of a report in The Times suggesting the Democratic Unionist Party (DUP), a key ally of the government, would be willing to abide to some EU rules post Brexit. This spurred hopes that an alternative...

CATEGORIES: Pound Canadian Dollar Forecasts

Expectations of BoJ Rate Cut Buoys Pound Sterling Japanese Yen (GBP/JPY) Exchange Rate

13 Sep 2019 at 11 AM - Written by John Cameron

Pound Japanese Yen (GBP/JPY) Exchange Rate Rallies on BoJ Rate Cut Fears The Pound Sterling Japanese Yen (GBP/JPY) exchange rate rallied and the pairing is currently trading at around ¥134.5310. The Japanese Yen was left under pressure on Friday, falling to a six-week low against the US Dollar (USD) as demand for safe-haven assets decreased. On Thursday, the European Central Bank (ECB) surprised markets by resuming its...

CATEGORIES: Pound Yen Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Sinks as ZAR Benefits on Improved Risk-Sentiment

12 Sep 2019 at 2 PM - Written by John Cameron

GBP/ZAR Exchange Rate Eases as US-China Trade Relations Improve The Pound South African Rand (GBP/ZAR) exchange rate fell by -0.6% today, with the pairing currently trading around R17.991 as ZAR improves on higher market risk-sentiment. The South African Rand (ZAR) has continued to benefit from the rating agency Moody’s indication that it would not cut South Africa’s credit rating to junk status in the near term. As a...

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

Trump’s Tariff Hike Delay Leaves the Pound Sterling US Dollar (GBP/USD) Exchange Rate Flat

12 Sep 2019 at 9 AM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Flat as US-China Relations Appear to Cool The Pound Sterling US Dollar (GBP/USD) exchange rate remained muted and the pairing is currently trading at an inter-bank rate of $1.2333. A spark in risk-appetite amongst investors left the safe-haven Dollar flat against Sterling on Thursday. US-China relations appeared to be cooling as China announced a basket of US goods would be exempt...

CATEGORIES: Pound Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Steady as ‘Loonie’ Benefits from Rising Oil Prices

11 Sep 2019 at 5 PM - Written by John Cameron

GBP/CAD Exchange Rate Flat as US-China Trade Tensions Ease The Pound Canadian Dollar (GBP/CAD) exchange rate held steady at CA$1.625 today despite rising oil prices boosting confidence in the oil-reliant Canadian economy. This follows an increase in US crude oil futures which rose by 0.4% at $57.63 a barrel. The Canadian Dollar has also benefited today as foreign exchange traders flee to safe-haven currencies like the...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Risk of Further RBA Rate Cuts Leaves Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate Flat

11 Sep 2019 at 10 AM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Muted as NAB Warns of Further RBA Rate Cuts The Pound Sterling Australian Dollar (GBP/AUD) exchange rate remained muted and the pairing is currently trading at around AU$1.7998. The ‘Aussie’ was left under pressure as National Australia Bank (NAB) warned the country’s central bank may be forced to cut interest rates further. NAB warned the Reserve Bank of...

CATEGORIES: Pound Australian Dollar Forecasts

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Rises as ‘MPs for a Deal’ Sparks Fresh Brexit Optimism

10 Sep 2019 at 5 PM - Written by John Cameron

Fresh Brexit Optimism Buoys Pound New Zealand Dollar (GBP/NZD) Exchange Rate The Pound Sterling New Zealand Dollar (GBP/NZD) exchange rate edged up and the pairing is currently trading at an inter-bank rate of NZ$1.9252. Sterling was provided with a fresh bout of Brexit optimism as MPs launched a new group in order to secure a Brexit deal. The group of lawmakers called ‘MPs for a deal’ aims to persuade parliament...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Eases as ZAR Benefits from Risk-On Trade

10 Sep 2019 at 5 PM - Written by John Cameron

GBP/ZAR Exchange Rate Down as US-China Trade Deal Hopes Increase The Pound South African Rand (GBP/ZAR) exchange rate fell by -0.2% today, with the pairing currently trading around R18.192 following July’s SA manufacturing production index which eased from -3.6% to -1.1%. However, buying sentiment in the South African Rand (ZAR) has continued to increase in hopes of stimulus support for the world’s major economies, such...

CATEGORIES: Pound Rand Forecasts Pound Sterling Forecasts South African Rand Forecasts

Pound Sterling Swiss Franc (GBP/CHF) Exchange Rate Buoyed by Decreased UK Recession Risk

9 Sep 2019 at 4 PM - Written by John Cameron

Pound Swiss Franc (GBP/CHF) Exchange Rate Rises as Service Sector Boosts UK Growth The Pound Sterling Swiss Franc (GBP/CHF) exchange rate rallied and the pairing is currently trading at an inter-bank rate of 1.2247Fr. Better-than-expected UK growth data buoyed Sterling, allowing the pairing to rise to its highest level since the end of July. Fears the UK could slide into a recession were calmed as the UK services...

CATEGORIES: Pound Swiss Franc Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Rises as July’s UK Growth Beats Consensus

9 Sep 2019 at 4 PM - Written by John Cameron

GBP/AUD Exchange Rate Edges Higher as Brexit Recession Fears Recede The Pound Australian Dollar (GBP/AUD) exchange rate rose today, with the pair trading around AU$1.798 after July’s UK growth figure beat forecasts and rose from 0% to 0.3%, easing fears of a Brexit-related recession in the near term. David Cheetham, the Chief Market Analyst at the online trading company XTB, commented: ‘Following a flat reading in June...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts