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Currency News: UK daily forex news and forecasts

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Latest Currency News Headlines

Pound US Dollar Hits Three-Week High amid Upbeat Mood

15 Oct 2021 at 11 AM - Written by John Cameron

Pound US Dollar (GBP/USD) Buoyed by Risk-On Trade The Pound US Dollar exchange rate hit a three-week high earlier in Friday’s session as optimism over UK-EU talks on the Northern Ireland protocol and Bank of England (BoE) rate hike expectations support Sterling. Meanwhile, the US Dollar has weakened at the end of the week due to increased market risk appetite weighing on the safe-haven currency and US Treasury yields...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Pound Australian Dollar Exchange Rate Flat amid Mixed Sentiment

14 Oct 2021 at 1 PM - Written by John Cameron

GBP/AUD Rangebound on Mixed Sentiment The Pound Australian Dollar (GBP/AUD) exchange rate is wavering in a narrow range today, amid mixed data from Australia and both positive and negative domestic news from the UK. The pair is currently trading at around AU$1.8508, virtually unchanged from this morning’s opening rate of AU$1.85096. Pound (GBP) Upside Undermined by Industry Warnings The Pound (GBP) is trading...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

Pound Canadian Dollar Firm on Positive UK Data

13 Oct 2021 at 1 PM - Written by John Cameron

GBP/CAD Steady on UK GDP Increase The Pound Canadian Dollar exchange rate is edging slightly higher today, recovering some of yesterday’s losses overnight. Sterling is making gains on UK GDP and industrial production data, with GBP/CAD trading at 1.6956 at the time of writing. Pound (GBP) Firms on UK Data UK GDP growth and better-than-expected industrial production data bolstered the Pound this morning. GDP data...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

GBP/USD News: Pound US Dollar Exchange Rate Firms on Strong UK Employment Data

12 Oct 2021 at 12 PM - Written by John Cameron

GBP/USD Climbs on Positive UK Jobs Data The Pound US Dollar (GBP/USD) exchange rate has firmed today, after initially dipping at the open of the session, following the UK’s strong jobs data. Meanwhile, a recent absence of any meaningful US data is leaving the US Dollar (USD) open to losses. Pound (GBP) Strengthens on Strong Employment Reports The Pound (GBP) has gained ground against the US Dollar so far today after...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Trades in Narrow Range on Mixed UK Stimuli

11 Oct 2021 at 12 PM - Written by John Cameron

GBP/USD Exchange Rate Fluctuates on Mixed Trading Stimuli The Pound US Dollar (GBP/USD) exchange rate is trading in a narrow range today as Sterling faces mixed trading impetus while the US Dollar (USD) lacks significant data. At the time of writing, GBP/USD is trading at $1.3622, virtually unchanged from today’s opening levels. Pound (GBP) Sentiment Divided over Energy Crisis, BoE Tailwinds The Pound (GBP)...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar Forecast: GBP/USD Edges Higher on Dire US Payrolls Data

8 Oct 2021 at 3 PM - Written by John Cameron

GBP/USD Exchange Strengthens Following Dire US Payrolls The Pound US Dollar (GBP/USD) exchange rate finished the week on firm footing following much lower-than-expected US non farm payrolls data. After the US jobs report printed, USD exchanges rates dipped as the data raised doubts whether the Federal Reserve would still tighten monetary policy this year. The data has helped the GBP/USD exchange rate to hold recent...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

GBP/CAD Forecast: Pound Lacks Support amid Energy Concerns

7 Oct 2021 at 3 PM - Written by John Cameron

GBP/CAD Exchange Rate Limited amid Energy Concerns The Pound Canadian Dollar (GBP/CAD) exchange rate is struggling to break higher today amid concerns over the threat of an energy crisis in the UK and CAD receiving support due to a more upbeat market mood. Despite crude prices slipping, the Canadian Dollar is managing to hold this week’s gains, with GBP/CAD trading at 1.7120 at the time of writing. Pound (GBP)...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Soars as RBNZ Raises Interest Rate

6 Oct 2021 at 11 AM - Written by John Cameron

GBP/NZD Exchange Rate Firms as NZ Rate Decision Sparks Unease The Pound (GBP) has risen against the New Zealand Dollar (NZD) this morning as investors adopt a bearish mood in the wake of New Zealand’s interest rate decision. The decision of the Reserve Bank of New Zealand (RBNZ) to raise interest rates highlights the inflationary pressures the country is facing from labour and goods shortages. At the time of writing,...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound Canadian Dollar Exchange Rate Steady as UK Fuel Shortage Eases

5 Oct 2021 at 5 PM - Written by John Cameron

GBP/CAD Edges Higher as Rising Oil Price Boost Canadian Dollar The Pound Canadian Dollar exchange rate edged slightly lower today, bucking the trend of GBP exchange rate gains against other currencies due to CAD strength underpinned by rising crude oil prices. GBP/CAD had made gains earlier during the European session before retreating back near the start of day levels of 1.7120 at the time of writing. Pound (GBP)...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Pound Euro (GBP/EUR) Exchange Rate Climbs as Fuel Concerns Fade

30 Sep 2021 at 1 PM - Written by John Cameron

GBP/EUR Regains Ground as Fuel Supplies Stabilise The Pound Euro (GBP/EUR) exchange rate has strengthened this morning, as the UK’s fuel supply crisis is back under control and the UK posts some positive data. Meanwhile, German employment data printed below forecasts, which may be denting EUR exchange rates. Pound (GBP) Recovers as Fuel Crisis Subsides Simon Clarke, Chief Secretary to the Treasury, told Sky...

CATEGORIES: Euro Forecasts Pound Euro Forecasts