Currency News

Daily Exchange Rate Forecasts & Currency News

Currency News: UK daily forex news and forecasts

Welcome to Currency News. Our aim is simple: deliver expert financial comment and analysis on the world currency markets and exchange rates. The latest currency news, exchange rate forecasts, currency predictions and forex data at your fingertips. International payments? Maximise your foreign currency transfers today.

Latest Currency News Headlines

GBP to ZAR Exchange Rate Tumbles After Volatile Week

17 Nov 2017 at 5 PM - Written by Ben Hughes

Solid UK retail sales data and anticipation for Brexit developments couldn’t help the British Pound to South African Rand exchange rate to hold its ground on Friday. Weakness in the US Dollar (USD) led emerging market currencies like the Rand to strengthen. The pair saw volatile trade for most of the week. GBP/ZAR began the week at the week of 18.98 and generally fluctuated, until Thursday and Friday when the pair tumbled to...

CATEGORIES: Pound Rand Forecasts

EUR USD Exchange Rate Advances as Trump Campaign Subpoenaed

17 Nov 2017 at 11 AM - Written by John Cameron

The Euro US Dollar (EUR USD) exchange rate climbed by nearly half a cent overnight on Thursday as investors reacted to reports that Trump’s campaign had been subpoenaed last month. US Dollar (USD) Pressured by Subpoena Report The US Dollar came under considerable pressure overnight on Thursday as the Wall Street Journal reported that US special counsel, Robert Mueller has subpoenaed members of Donald Trump’s...

CATEGORIES: Euro Forecasts

GBP/EUR Climbs on Hopes Theresa May can Break Brexit Deadlock in Brussels

17 Nov 2017 at 11 AM - Written by Toni Johnson

Hopes of progress in the Brexit negotiations today are boosting the British Pound against the Euro, with the latter currency weakened by another display of caution from the Eurozone’s chief central banker. The GBP/EUR exchange rate has been able to record gains of -0.2% so far this morning, which takes the pairing up to 1.1231. GBP Rises as Theresa May Heads to Brussels for Brexit Talks with EU Leaders The Pound is on...

CATEGORIES: Pound Euro Forecasts

EUR USD Exchange Rates Bearish Ahead of Crucial Trump Tax Vote

16 Nov 2017 at 5 PM - Written by John Cameron

The EUR USD exchange rate grew bearish today (despite a poor Eurozone inflation print) as markets prepared for the upcoming crucial vote on Republican tax reform. Eurozone Inflation Disappoints, EUR Exchange Rates Encumbered Inflation in the bloc proved weak in October, according to new data released on Thursday, printing 1.4% year-on-year, down from the previous period’s 1.5% but remaining in-line with preliminary...

CATEGORIES: Currency Predictions Euro Forecasts

GBP EUR Exchange Rate Strengthens as Retail Sales Rebound

16 Nov 2017 at 3 PM - Written by John Cameron

The Pound Euro (GBP EUR) exchange rate has risen today as markets welcomed an uptick in UK retail sales last month. Pound (GBP) Advances as Retail Sales Rebound Sterling sentiment was bolstered this morning as data showed that UK retail sales picked up again last month after plummeting in September. According to figures published by the Office for National Statistics (ONS), UK retail sales growth rose to 0.1% in October,...

CATEGORIES: Pound Euro Forecasts

EUR USD Exchange Rate Surges on the Back of Impressive Eurozone Data

15 Nov 2017 at 10 AM - Written by John Cameron

The Euro US Dollar (EUR USD) exchange rate continues to trend higher this morning as on the back of some very upbeat economic data from the Eurozone. Euro (EUR) Strengthened by Strong Economic Data The Euro jumped by over a cent against the US Dollar on Tuesday in the wake of so very impressive economic data from the Eurozone, the highlight of which was undoubtedly Germany’s latest GDP figures. According to data...

CATEGORIES: Euro Forecasts

USD EUR Exchange Rates Slide on Talk of US Tax Reform Delay

14 Nov 2017 at 5 PM - Written by John Cameron

The US Dollar Euro exchange rate fell backwards today as markets responded to news that the Senate Republican tax plan could push for a year delay to corporate tax cuts. Possible Corporate Tax Cut Delay Weighs on USD EUR Exchange Rates Republican senators are expected to delay corporate tax cuts by a year, it was revealed today, potentially risking clashes with US President Donald Trump and jeopardising the likelihood that...

CATEGORIES: Currency Predictions Euro Forecasts

GBP AUD Exchange Rates Fluctuate Amid Weakening UK Inflation

14 Nov 2017 at 5 PM - Written by John Cameron

The Pound Australian Dollar exchange rate fluctuated today as markets responded to a run of data releases from the United Kingdom and Australia. GBP Exchange Rates Hurt by Disappointing UK Inflation Prints Today featured an abundance of UK data releases, the most pertinent being the UK’s consumer price index (CPI) figures for October. According to the Office for National Statistics (ONS) year-on-year inflation in the UK...

CATEGORIES: Currency Predictions

EUR USD Exchange Rate Firms after Forecast-Beating German GDP Growth

14 Nov 2017 at 9 AM - Written by Frank Davies

On Monday’s trading session, the Euro saw a minor rise against the US Dollar. The pairing opened trading in the region of 1.1651 in the morning, later closing slightly higher at 1.1663 by the end of the day. EUR USD Rate Bolstered by Soaring German GDP The Euro has been strongly supported by German data today, which has shown considerable growth in GDP levels in the third quarter. The Q3 GDP flash showed a rise from...

CATEGORIES: Euro Forecasts

GBP USD Exchange Rate Plummets on Fears of Further Government Disruption

13 Nov 2017 at 4 PM - Written by Tim Boyer

Last week, the Pound saw a slight advance against the US Dollar. The pairing exchange rate opened in the region of 1.3067 on Monday, later closing higher around 1.3190 late on Friday. Pound Slumps on Fresh Political Fears The GBP USD exchange rate has been in a sharp decline today, owing to growing concerns about the future of the current government. The Conservative party has suffered a number of setbacks recently,...

CATEGORIES: Pound Dollar Forecasts