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Latest Currency News Headlines

Pound to Dollar Forecast: USD Slides as GBP Targets 1.35

3 Nov 2026 at 5 PM - Written by David Woodsmith

The Pound to Dollar exchange rate (GBP/USD) climbed to six-week highs near 1.3450 as a sharp fall in oil prices and lower US Treasury yields undermined Dollar demand. Pound Sterling also benefited from expectations of a Bank of England rate hike this week, while investors remain alert to the US midterm elections and the risk of further weakness in technology shares. GBP/USD Forecasts: 6-Week Highs The Pound held...

CATEGORIES: Pound Dollar Forecasts

British Pound to Euro Forecast: GBP Slips Below 1.20 as Oil Prices Ease

3 Nov 2026 at 5 PM - Written by James Fuller

The Pound to Euro exchange rate (GBP/EUR) retreated from 17-month highs above 1.2000 to around 1.1960 as lower oil prices provided some relief for the Euro and investors took profits following Sterling's recent rally. The Pound remains supported by expectations of a Bank of England rate hike this week, although analysts warn that stretched positioning could leave GBP/EUR vulnerable to further consolidation. GBP/EUR...

CATEGORIES: Pound Euro Forecasts

Pound to Dollar Hits Best Exchange Rate in Six Weeks as US Elections Loom

2 Nov 2026 at 8 PM - Written by David Woodsmith

The Pound to US Dollar (GBP/USD) exchange rate climbed to a six-week high on Monday as uncertainty ahead of the US mid-term elections weighed on the 'Greenback'. Having retreated from its earlier peak, GBP/USD was trading at around $1.3420 at the time of writing, still up approximately 0.2% on the day. The US Dollar (USD) came under pressure at the start of the week as investors grew cautious ahead of Tuesday's...

CATEGORIES: Pound Dollar Forecasts

Pound-to-Euro Slips to €1.1969 ahead of BoE Rate Decision

2 Nov 2026 at 8 PM - Written by James Fuller

The Pound to Euro (GBP/EUR) exchange rate edged lower on Monday as the single currency benefited from improving market sentiment and a weaker US Dollar. At the time of writing, GBP/EUR was trading at approximately €1.1969, down around 0.3% from Monday's opening levels but remaining close to the psychologically important €1.2000 mark. The Euro (EUR) strengthened against most major currencies at the start of the week,...

CATEGORIES: Pound Euro Forecasts

Euro to Dollar Forecast: US Midterms Democrat Sweep Put USD at Risk

2 Nov 2026 at 9 AM - Written by Frank Davies

The Euro to Dollar exchange rate (EUR/USD) has recovered modestly after falling to 17-month lows near 1.1100, with investors preparing for Tuesday's US midterm elections amid renewed turmoil in energy and technology markets. Crédit Agricole warns that a Democratic sweep of Congress could weigh on the Dollar, although expectations of further Federal Reserve tightening and persistent French fiscal concerns continue to...

CATEGORIES: Euro Dollar Forecasts

Pound to Euro Week Ahead Forecast: GBP Breaks 1.20 but Banks Warn of Correction

2 Nov 2026 at 7 AM - Written by Frank Davies

The Pound to Euro exchange rate (GBP/EUR) has climbed to 18-month highs above 1.2000, but investment banks warn that Sterling could struggle to extend its gains after this week's Bank of England decision. Markets are pricing more than four rate hikes over the coming quarters, leaving the Pound vulnerable if policymakers deliver the expected November increase but signal a less aggressive tightening path. GBP/EUR...

CATEGORIES: Pound Euro Forecasts

Pound to Dollar Forecast: BoE Rate Hike Looms, US Midterms Threaten Volatility

2 Nov 2026 at 6 AM - Written by James Fuller

The Pound to Dollar exchange rate (GBP/USD) has held close to 1.3400 as Sterling's high-yield appeal continues to provide support despite renewed weakness in global equities. The Pound now faces a series of important tests, including this week's Bank of England decision and US midterm elections, while concerns over an AI-driven stock-market correction threaten to undermine the Dollar's traditional safe-haven...

CATEGORIES: Pound Dollar Forecasts

Pound to Dollar Forecast: GBP Rises as Fed Decision Weakens USD

30 Oct 2026 at 8 AM - Written by David Woodsmith

The Pound to Dollar exchange rate (GBP/USD) climbed towards 1.3370 as Sterling benefited from a calm market reaction to Chancellor John Healey's Budget and a softer US Dollar following the Federal Reserve's latest decision. The Fed held rates at 4.00%, but Chair Kevin Warsh's relatively measured comments tempered expectations of aggressive tightening, allowing the Pound to extend its recovery from support near...

CATEGORIES: Pound Dollar Forecasts

British Pound to Euro Forecast: Lagarde Resignation Sends GBP to 19-Month High

30 Oct 2026 at 7 AM - Written by James Fuller

The Pound to Euro exchange rate (GBP/EUR) climbed to fresh 19-month highs as the Euro came under pressure following ECB President Christine Lagarde's surprise resignation. Pound Sterling also benefited from a calm reaction to Chancellor John Healey's Budget, with UK gilt yields edging lower and markets maintaining strong expectations of a Bank of England rate hike next week. GBP/EUR Forecasts: 19-Month Highs The...

CATEGORIES: Pound Euro Forecasts

Pound Sterling Forecast: Falling UK Gilt Yields Lift GBP/EUR towards €1.20

29 Oct 2026 at 8 PM - Written by Frank Davies

The Pound to Euro (GBP/EUR) exchange rate edged higher on Thursday after the European Central Bank (ECB) left interest rates unchanged and offered little encouragement to investors expecting further monetary tightening. At the time of writing, GBP/EUR was trading at approximately €1.1963, up modestly from Thursday's opening levels and approaching the psychologically important €1.2000 mark. The Euro (EUR) weakened...

CATEGORIES: Pound Euro Forecasts