Currency News: UK daily forex news and forecasts
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Latest Currency News Headlines
Pound Euro Exchange Rate News: GBP/EUR Rangebound as UK Cost-of-Living Crisis Remains in Focus
27 May 2022 at 12 PM - Written by John Cameron
STORY LINK Pound Euro Exchange Rate News: GBP/EUR Rangebound as UK Cost-of-Living Crisis Remains in Focus
GBP/EUR Rangebound on UK Cost-of-Living Woes
The Pound Euro (GBP/EUR) exchange rate is trading in a narrow range today as the UK’s cost of living crisis is back in the spotlight as investors digest Chancellor Rishi Sunak’s new fiscal support package.
At the time of writing, the GBP/EUR exchange rate is trading at approximately €1.17.
Pound (GBP) Muted as Investors Digest Fiscal Support Package
The Pound (GBP)...
CATEGORIES: Pound Euro Forecasts
Pound Euro Exchange Rate News: GBP/EUR Subdued as Sunak Reveals Cost-of-Living Support
26 May 2022 at 5 PM - Written by John Cameron
STORY LINK Pound Euro Exchange Rate News: GBP/EUR Subdued as Sunak Reveals Cost-of-Living Support
Pound (GBP) Slips as Cost-of-Living Plans are Announced
The Pound (GBP) saw a muted response as Chancellor Rishi Sunak unveiled measures to support the cost-of-living crisis gripping the UK.
Sunak’s intervention comes as the UK faces its highest rate of inflation for over 40 years. Which alongside the ongoing Ukraine crisis, and Covid lockdowns in China, have stoked UK recession fears in recent weeks.
The ‘temporary...
CATEGORIES: Pound Euro Forecasts
Pound Australian Dollar Exchange Rate News: GBP/AUD Rangebound amid UK Political Uncertainty
26 May 2022 at 10 AM - Written by John Cameron
STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Rangebound amid UK Political Uncertainty
GBP/AUD Rangebound amid UK Political Uncertainty
The Pound Australian Dollar (GBP/AUD) exchange rate is trading in a narrow range this morning, continuing the overnight trend.
The Pound (GBP) is struggling to gain any meaningful momentum as political uncertainty prevails, though yesterday’s publication of the ‘partygate’ report wasn’t as damning as predicted. Meanwhile, the Australian Dollar (AUD) is mixed today as...
CATEGORIES: Pound Australian Dollar Forecasts
Pound Australian Dollar Exchange Rate News: GBP/AUD Fluctuates on UK Political Uncertainty
25 May 2022 at 2 PM - Written by John Cameron
STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Fluctuates on UK Political Uncertainty
Pound (GBP) Wavers Ahead of Report Findings
The Pound is recovering today after falling sharply yesterday over the troubling service PMIs, but with the release of the Sue Grey ‘partygate’ report, Sterling’s upside potential appears limited.
With the public release of Grey’s report, the findings don’t appear to be as damning as previously thought.
An alleged party on 13th November 2020, hosted by Carrie...
CATEGORIES: Pound Australian Dollar Forecasts
Pound New Zealand Dollar Exchange Rate News: GBP/NZD Plummets after RBNZ Raises Interest Rates
25 May 2022 at 1 PM - Written by John Cameron
STORY LINK Pound New Zealand Dollar Exchange Rate News: GBP/NZD Plummets after RBNZ Raises Interest Rates
GBP/NZD Plunges as RBNZ Hikes Interest Rates
The Pound New Zealand Dollar (GBP/NZD) exchange rate is falling today after the Reserve Bank of New Zealand (RBNZ) hiked interest rates. Meanwhile, the Pound (GBP) is under pressure following publication of Sue Gray’s ‘Partygate’ report.
At the time of writing, the GBP/NZD exchange rate is trading at approximately $1.93.
New Zealand Dollar (NZD) Climbs after RBNZ...
CATEGORIES: Pound New Zealand Dollar Forecasts
Pound Euro Exchange Rate News: GBP/EUR Tumbles amid Poor PMI Data
24 May 2022 at 2 PM - Written by John Cameron
STORY LINK Pound Euro Exchange Rate News: GBP/EUR Tumbles amid Poor PMI Data
Pound (GBP) Slumps after Poor PMI Data Compounds Economic Fears
The Pound saw a sharp drop today as preliminary PMI data printed well below expectations. Both manufacturing and services data missed estimates with the former falling to 54.6 in May compared to an expected 55.1.
Even worse reading was the contraction of the services sector, with the index slumping to a 15-month low at 51.8 against an expected 55.8. The data...
CATEGORIES: Pound Euro Forecasts
Pound US Dollar Exchange Rate News: GBP/USD Plummets on Weak UK PMI Figures
24 May 2022 at 11 AM - Written by John Cameron
STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Plummets on Weak UK PMI Figures
GBP/USD Retreats on Disappointing UK PMI Readings
The Pound US Dollar (GBP/USD) exchange rate is dropping this morning in response to the UK’s weaker-than-predicted PMI figures. Meanwhile, the US Dollar (USD) is being buoyed by global recession fears sparked by China’s ongoing lockdown.
At the time of writing, the GBP/USD exchange rate is trading at approximately $1.25.
Pound (GBP) Plunges in Response to...
CATEGORIES: Pound Dollar Forecasts
Pound Australian Dollar Exchange Rate News: GBP/AUD Drops on Australian Election
23 May 2022 at 11 AM - Written by John Cameron
STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Drops on Australian Election
GBP/AUD Slips on Australian Election 2022
The Pound Australian Dollar (GBP/AUD) exchange rate is facing headwinds at the opening of today’s European session as the Australian election looks set to produce a new majority government. Meanwhile, the Pound (GBP) continues to struggle amid the UK cost-of-living crisis.
At the time of writing, the GBP/AUD exchange rate is trading at approximately €1.77.
Australian Dollar...
CATEGORIES: Pound Australian Dollar Forecasts
Pound Euro Exchange Rate News: GBP/EUR Edges Slightly Higher Ahead of ECB Accounts Release
19 May 2022 at 11 AM - Written by John Cameron
STORY LINK Pound Euro Exchange Rate News: GBP/EUR Edges Slightly Higher Ahead of ECB Accounts Release
GBP/EUR Edges Higher as EUR Investors Look Towards ECB Accounts
The Pound Euro (GBP/EUR) exchange rate is edging higher at the opening of today’s European session as EUR investors await the European Central Bank’s (ECB) May monetary policy accounts. However, GBP/EUR upside remains limited following the UK’s latest consumer price index, released yesterday.
At the time of writing, the GBP/EUR exchange rate is trading at...
CATEGORIES: Pound Euro Forecasts
Pound Euro Exchange Rate News: GBP/EUR Drops as UK CPI Jumps to 40-Year High
18 May 2022 at 12 PM - Written by John Cameron
STORY LINK Pound Euro Exchange Rate News: GBP/EUR Drops as UK CPI Jumps to 40-Year High
GBP/EUR Plummets as UK CPI Reaches Highest Level Since 1982
The Pound Euro (GBP/EUR) exchange rate tumbled at the opening of today’s European session in response to the UK’s latest consumer price index. However, GBP/EUR is beginning to regain some losses as Eurozone’s inflation missed forecasts.
At the time of writing, the GBP/EUR exchange rate is trading at approximately €1.18.
Pound (GBP) Collapses as UK CPI...
CATEGORIES: Pound Euro Forecasts