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Currency News: UK daily forex news and forecasts

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Latest Currency News Headlines

GBP CAD Exchange Rate Tumbles as Brexit Talks Delayed until February 2018

8 Dec 2017 at 4 PM - Written by Frank Davies

The Pound Canadian Dollar (GBP CAD) exchange rate fell on Friday as markets responded to claims from various EU officials that the next phase of talks will not be able to take place until February 2018. No Brexit Trade Talks Until February 2018 – GBP CAD Tumbles EU officials have stated that no discussions on a trade deal can take place until February 2018 at the earliest, with the EU once again insisting that it needs...

CATEGORIES: Canadian Dollar Forecasts Daily Currency Updates

EUR/USD Slides as US Non-farm Payrolls Report Beats Forecasts

8 Dec 2017 at 3 PM - Written by Toni Johnson

The Euro to US Dollar exchange rate is weakening today after strong US labour market data improved the outlook for the US economy. The EUR/USD pairing has weakened -0.2% to 1.1752, with poor German trade data further inspiring losses for the common currency. EUR Weakens as Declining German Exports Causes Trade and Current Account Surpluses to Fall The latest German trade figures have disappointed forecasts, creating...

CATEGORIES: Euro Forecasts

AUD NZD Exchange Rate Trades Narrowly Following Chinese Trade Data

8 Dec 2017 at 10 AM - Written by John Cameron

The Australian Dollar New Zealand Dollar (AUD NZD) exchange rate trended narrowly in the Asian session last night as both currencies were lifted by the latest trade figures from China. Australian Dollar (AUD) Steadies as Chinese Trade Impresses After the publishing of some disappointing domestic trade figures on Thursday the Australian Dollar was prevented from tumbling much further last night thanks to an impressive Chinese...

CATEGORIES: Australian Dollar Forecasts

EUR USD Exchange Rate Weakens on US Fed Rate Hike Anticipation

7 Dec 2017 at 5 PM - Written by Ben Hughes

The Euro US Dollar (EUR USD) exchange rate remained bearish on Thursday with markets anticipating a rate hike from the US Federal Reserve in December whilst also reacting to some mixed ecostats from the bloc. Eurozone Data Proves Mixed, EUR USD Exchange Rate Remains Weak Growth in the Eurozone printed at 0.6% quarter-on-quarter in the three months to September according to official data, with private consumption investment...

CATEGORIES: Euro Forecasts

GBP CAD Exchange Rate Advances Following Dovish BoC Meeting

7 Dec 2017 at 12 PM - Written by John Cameron

The Pound Canadian Dollar (GBP CAD) exchange rate struck a new weekly high this morning on the back of the Bank of Canada’s (BoC) latest policy meeting and Brexit optimism. Canadian Dollar’s (CAD) Tumbles as BoC Appear Dovish towards Future Rate Hikes The Canadian Dollar remains on the back foot this morning after plummeting yesterday in reaction to the BoC’s latest rate decision. As had been widely forecast ahead...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to EUR Exchange Rate Continues to Fluctuate as Investors Await Brexit Developments

6 Dec 2017 at 4 PM - Written by Minesh Chaudhari

Due to a lack of impressive Eurozone ecostats in recent sessions, the British Pound to Euro exchange rate has been able to hold its ground. However, Sterling still remains highly volatile as investors are concerned about obstacles preventing progress in Brexit negotiations. Despite all the Brexit news in recent sessions, the GBP/EUR exchange rate has largely fluctuated around the week’s opening levels. The pair has trended...

CATEGORIES: Pound Euro Forecasts

Waning Confidence in Government’s Brexit Plans Sends GBP/NZD Exchange Rate Down

6 Dec 2017 at 4 PM - Written by Toni Johnson

On Tuesday’s trading session, the Pound saw a decline against the New Zealand Dollar from an opening exchange rate of 1.9616 to close at 1.9514 by the end of the day. Lack of Brexit Impact Papers Further Damages GBP/NZD Exchange Rate The Pound has failed to advance against the New Zealand Dollar today, seeing a -0.3% slide in the currency pairing. Along with worries that Brexit talks won’t be concluded in time, the...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP USD Exchange Rate Tumbles as London Fails to Reconcile Agreement with DUP

6 Dec 2017 at 4 PM - Written by Toni Johnson

The Pound US Dollar (GBP USD) exchange rate continued its slide on Wednesday with markets anticipating a December rate hike from the US Federal Reserve and London failing to successfully reconcile a new deal with the Irish Democratic Unionist Party (DUP). Theresa May Fails to Agree on Deal with DUP, GBP USD Exchange Rate Tumbles UK Prime Minister Theresa May was unsuccessful in reconciling with the DUP on Wednesday, with...

CATEGORIES: Pound Dollar Forecasts

GBP to CAD Exchange Rate Recovers from Drops on Brexit Hopes

5 Dec 2017 at 5 PM - Written by Toni Johnson

Due to concerns about Brexit progress being blocked by Northern Ireland’s DUP, the British Pound to Canadian Dollar exchange rate briefly tumbled on Tuesday. Towards the end of the day Brexit concerns softened and the Pound recovered slightly. After advancing slightly from 1.6946 to 1.7088 last week and having its strength limited by strong Canadian data, GBP/CAD briefly dipped back to last week’s lows on Tuesday. The pair...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP EUR Exchange Rate Fluctuates amid Brexit Agreement Collapse and Mixed EU Ecostats

5 Dec 2017 at 5 PM - Written by John Cameron

The Pound Euro (GBP EUR) exchange rate see-sawed today as markets responded to the collapse of negotiations between London and Brussels over the subject of the Irish border and some mixed ecostats from the Eurozone. Eurozone Data Proves Mixed, GBP EUR Exchange Rates Eventually Capitalise Data from the bloc today was quite mixed, with the Eurozone Markit services and composite PMI assessment being positive, but retail sales...

CATEGORIES: Daily Currency Updates Euro Pound Forecasts