Currency News: UK daily forex news and forecasts
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GBP/ZAR Forecast: Pound to South African Rand Exchange Rate Continues Shaky Recovery
20 Apr 2021 at 5 PM - Written by Tim Boyer
STORY LINK GBP/ZAR Forecast: Pound to South African Rand Exchange Rate Continues Shaky Recovery
Uncertainty around the UK job market outlook, as well as lingering Rand demand, has been limiting the British Pound to South African Rand (GBP/ZAR) exchange rate’s advance potential. Still, the pair continues to attempt to advance this week as it rebounds from its worst levels seen last week. Key UK and South African inflation data could cause movement in the pair tomorrow, and UK data is likely to remain in focus through the...
CATEGORIES: Pound Rand Forecasts
GBP/EUR Forecast: Pound to Euro Exchange Rate Edges Lower on Ramped up Eurozone Vaccine Rollout
19 Apr 2021 at 11 AM - Written by John Cameron
STORY LINK GBP/EUR Forecast: Pound to Euro Exchange Rate Edges Lower on Ramped up Eurozone Vaccine Rollout
The Pound Euro (GBP/EUR) exchange rate has edged lower this morning as the Eurozone continues to ramp up its vaccine rollout to combat the third wave of the coronavirus pandemic.
At the time of writing the GBP/EUR exchange rate 1.1542 as mutant coronavirus cases creep back into the UK.
Pound Sterling (GBP) Exchange Rate Falls on Indian Coronavirus Mutation
The Pound has edge lower this morning after the new Indian mutation...
CATEGORIES: Pound Euro Forecasts
GBP/JPY Forecast: Pound to Japanese Yen Exchange Rate Kept Near Fortnight Worst as Scottish Election Uncertainties Rise
16 Apr 2021 at 2 PM - Written by Tim Boyer
STORY LINK GBP/JPY Forecast: Pound to Japanese Yen Exchange Rate Kept Near Fortnight Worst as Scottish Election Uncertainties Rise
Despite higher market sentiment this week, the Japanese Yen has been able to capitalise on weakness in rivals and the British Pound to Japanese Yen (GBP/JPY) exchange rate has been trending lower as a result. Investors are hesitant to buy the Pound as new uncertainties rise about the stability of UK politics with Scottish elections approaching soon. Meanwhile, some analysts believe the Japanese economic outlook is improving....
CATEGORIES: Pound Yen Forecasts
GBP/EUR Forecast: Pound to Euro Exchange Rate Gains as Eurozone Inflation Meets Forecasts
16 Apr 2021 at 12 PM - Written by John Cameron
STORY LINK GBP/EUR Forecast: Pound to Euro Exchange Rate Gains as Eurozone Inflation Meets Forecasts
The Pound Euro (GBP/EUR) exchange rate has been mixed this morning as the Pound looks to rebound and push back above €1.15 heading into the weekend.
At the time of writing the GBP/EUR exchange rate is trading at around 1.1497 as the latest Eurozone inflation data met forecasts.
Pound Sterling (GBP) Gains Traction over Summer Travel Hopes
The Pound is gaining traction against the Euro this morning as hopes that the UK’s...
CATEGORIES: Pound Euro Forecasts
GBP/CAD Outlook: Pound Canadian Dollar Exchange Rate Edges Higher on UK Vaccine Rollout
15 Apr 2021 at 4 PM - Written by John Cameron
STORY LINK GBP/CAD Outlook: Pound Canadian Dollar Exchange Rate Edges Higher on UK Vaccine Rollout
The Pound Canadian Dollar (GBP/CAD) exchange rate has rebounded this afternoon and sees the Pound heading higher despite positive employment change data from Canada.
At the time of writing the GBP/CAD exchange rate is currently trading at around CA$1.7243.
Pound (GBP) Exchange Rate Rebounds on Success of UK Vaccine Rollout
The Pound has rebounded against the Canadian Dollar this afternoon though coronavirus concerns and a...
CATEGORIES: Pound Canadian Dollar Forecasts
GBP/USD Forecast: Pound to US Dollar Exchange Rate Advances Steadily as USD Tumbles
14 Apr 2021 at 4 PM - Written by Ben Hughes
STORY LINK GBP/USD Forecast: Pound to US Dollar Exchange Rate Advances Steadily as USD Tumbles
Optimism about Britain’s coronavirus recovery outlook is keeping the British Pound to US Dollar (GBP/USD) exchange rate trending with an upside bias today, as investors sell the US Dollar again. The US Dollar’s strength from earlier in the week has already faded as the latest US inflation data has done little to support the hawkish bets of markets, and investors are now awaiting coronavirus news and more US data.
Last week...
CATEGORIES: Pound Dollar Forecasts