Currency News: UK daily forex news and forecasts

The Pound to US Dollar exchange rate (GBP/USD) struggled to gain momentum on Tuesday, with renewed political uncertainty in the UK weighing on Sterling sentiment. At the time of writing, GBP/USD was trading around $1.3679, down close to 0.2% on the session as investors remained cautious. The Pound stayed on the back foot as markets continued to digest a turbulent period for the UK government. Confidence was shaken by the...

The Pound to Euro exchange rate (GBP/EUR) drifted lower on Tuesday as persistent political uncertainty in the UK continued to weigh on Sterling sentiment. At the time of writing, GBP/EUR was trading around €1.1464, down roughly 0.2% on the session as investors remained cautious. The Pound traded on the defensive throughout the day as questions over Prime Minister Keir Starmer’s leadership lingered. Confidence in...

The Pound to Dollar exchange rate (GBP/USD) is navigating a fragile balance as rising UK bond yields, mounting political pressure on Prime Minister Starmer and crucial US labour market data converge to drive near-term direction. With gilt yields hitting fresh 2026 highs and investors bracing for delayed US jobs figures, Sterling is holding above 1.35 but remains vulnerable to sharp volatility on both sides of the...

The Pound to Euro exchange rate (GBP/EUR) is under renewed pressure as UK political risk re-enters the spotlight, with mounting speculation over Prime Minister Keir Starmer’s leadership weighing on Sterling sentiment and unsettling gilt markets. A dovish Bank of England pivot has compounded the pressure, leaving the Pound vulnerable as investors reassess fiscal credibility and rate-cut risks. GBP/EUR Forecasts: Dip to...

The Pound to US Dollar exchange rate (GBP/USD) found modest support at the start of the week, with the pair steadying as doubts over the outlook for US employment weighed on the Dollar. At the time of writing, GBP/USD was trading close to $1.3652, up around 0.3% from Monday’s opening levels as investors grew increasingly cautious ahead of key US labour market data. The US Dollar struggled to find momentum as confidence...

The Pound to Euro exchange rate (GBP/EUR) opened the week on the back foot, with mounting political uncertainty in the UK weighing on demand for Sterling. At the time of writing, GBP/EUR was trading close to €1.1471, marking a decline of around 0.4% from Monday’s opening levels and pushing the pair back towards recent lows. Sterling came under pressure after fresh signs of instability within the UK government...

The Euro to Dollar exchange rate (EUR/USD) is being driven almost entirely by Federal Reserve expectations, with investors reassessing the outlook for US rate cuts amid mixed labour-market signals, political uncertainty and growing scrutiny of the Fed’s next leadership. After a sharp pullback from recent highs, EUR/USD has stabilised below 1.18 as markets weigh weakening US jobs data against the risk of a dollar rebound,...

The Pound to Dollar exchange rate (GBP/USD) is being driven increasingly by political risk and central-bank uncertainty, with renewed pressure on Sterling following a knife-edge Bank of England vote and growing speculation over UK leadership stability. While the dollar has stabilised after fears of debasement faded, a divided BoE and rising expectations of near-term rate cuts are leaving GBP/USD vulnerable, particularly if...

The Pound to Euro exchange rate (GBP/EUR) lost momentum after a dovish Bank of England decision reinforced expectations for earlier rate cuts, while renewed political uncertainty in the UK has revived downside risks for Sterling against the single currency. A narrow BoE vote split, softening labour-market signals and fresh pressure on Prime Minister Starmer have shifted near-term focus back to policy divergence, leaving...

The Pound to Dollar exchange rate (GBP/USD) has come under renewed pressure as a knife-edge Bank of England decision collides with rising UK political uncertainty, reviving downside risks for Sterling just as markets begin to price earlier interest-rate cuts. A sharply divided Monetary Policy Committee and leadership speculation surrounding Prime Minister Starmer have unsettled investors, leaving GBP/USD vulnerable near key...