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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

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

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Slumps Ahead of Boris’ First ‘Meaningful Vote’

18 Oct 2019 at 10 AM - Written by John Cameron

Pound South African Rand (GBP/ZAR) Exchange Rate Falls as PM Insists he is 'Very Confident' The Pound Sterling South African Rand (GBP/ZAR) exchange rate slumped this morning, and the pairing is currently trading at around R19.0157. At the end of the week, the Pound retreated as doubts Prime Minister Boris Johnson’s Brexit deal will receive enough support during Saturday’s ‘meaningful vote’. On Thursday, news that...

CATEGORIES: Pound Rand Forecasts South African Rand 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

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 New Zealand Dollar Exchange Rate Sinks, Could the DUP Jeopardise Boris Johnsons’ UK-EU Brexit Deal?

17 Oct 2019 at 3 PM - Written by John Cameron

GBP/NZD Exchange Rate Falls, UK-EU Brexit Deal Doubts Increase The Pound New Zealand Dollar (GBP/NZD) exchange rate plunged by -0.9% today, with the pairing currently trading around NZ$2.020 after the Democratic Unionist Party (DUP) jeopardised Prime Minister Boris Johnson’s UK-EU Brexit deal after announcing that it ‘drives coach and horses’ through the Good Friday Agreement. The DUP also said in this morning’s...

CATEGORIES: New Zealand Dollar Forecasts Pound New Zealand Dollar 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

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

Pound Euro (GBP/EUR) Exchange Rate Dips, Brexit Uncertainty Rises Ahead of European Summit

16 Oct 2019 at 12 PM - Written by John Cameron

GBP/EUR Exchange Rate Eases, DUP Criticise Boris Johnson’s Brexit Deal The Pound Euro (GBP/EUR) exchange rate eased by -0.3% today, with the pairing currently trading around €1.152 as doubts over Brexit increase after the DUP have called into question Prime Minister Boris Johnson’s newly proposed withdrawal agreement. A spokesperson for the party commented that ‘it would be fair to indicate gapes remain and further work...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate Left Flat as Varadkar Warns ‘Many Issues’ Unresolved

16 Oct 2019 at 11 AM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Left Muted Ahead of EU Crunch Summit The Pound Sterling Australian Dollar (GBP/AUD) exchange rate was left muted on Wednesday, and the pairing is currently trading at around AU$1.8924. The Pound was left flat against the Australian Dollar as traders nervously awaited last-ditch efforts from the UK and EU to secure a Brexit deal ahead of Thursday’s crunch summit. While...

CATEGORIES: Pound Australian Dollar Forecasts

‘Very Possible’ Brexit Deal Buoys Pound US Dollar (GBP/USD) Exchange Rate

15 Oct 2019 at 3 PM - Written by John Cameron

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. Sterling...

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

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

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