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
Pound to Euro Forecast: GBP/EUR Fails at 1.16 Ahead of BoE Decision
17 Mar 2026 at 1 PM - Written by Frank Davies
STORY LINK Pound to Euro Forecast: GBP/EUR Fails at 1.16 Ahead of BoE Decision
The Pound to Euro exchange rate (GBP/EUR) struggled to sustain gains above 1.16, slipping back toward 1.1565 as markets turned cautious ahead of key Bank of England and ECB policy decisions.
With energy prices elevated and rate-cut expectations shelved, traders are bracing for central bank guidance that could shape near-term Sterling direction amid ongoing geopolitical uncertainty.
GBP/EUR Forecasts: Unable to Hold...
CATEGORIES: Pound Euro Forecasts
Pound Sterling to Dollar Forecast: 1.3220 Support Under Pressure
17 Mar 2026 at 11 AM - Written by David Woodsmith
STORY LINK Pound Sterling to Dollar Forecast: 1.3220 Support Under Pressure
The Pound to Dollar exchange rate (GBP/USD) attempted a modest recovery after sliding to 14-week lows near 1.3220, but gains remained limited as elevated oil prices and geopolitical tensions continued to support the US dollar.
With energy markets still under strain and central bank decisions looming, Sterling remains vulnerable to further downside unless risk appetite improves and oil prices retreat.
GBP/USD Forecasts:...
CATEGORIES: Pound Dollar Forecasts
GBP/USD Forecast: US Dollar Softens as Oil Supply Fears Ease
16 Mar 2026 at 9 PM - Written by Frank Davies
STORY LINK GBP/USD Forecast: US Dollar Softens as Oil Supply Fears Ease
The Pound to US Dollar (GBP/USD) exchange rate opened the week on firmer footing as markets responded to signs that the disruption to shipping in the Strait of Hormuz could soon be addressed.
At the time of writing, GBP/USD was trading close to $1.3269, up around 0.4% from Monday’s opening level.
The US Dollar slipped slightly as investor sentiment improved following reports that an international naval coalition may be...
CATEGORIES: Pound Dollar Forecasts
Pound to Euro Dips
16 Mar 2026 at 9 PM - Written by David Woodsmith
STORY LINK Pound to Euro Dips
The Pound Euro (GBP/EUR) exchange rate ticked slightly lower as investors continued to assess the latest developments in the war in Iran and the potential implications for the global economy.
At the time of writing, GBP/EUR was trading at around €1.1565, down marginally from its opening levels.
The Euro edged higher as investors responded to the latest headlines surrounding the crisis in the Middle East.
Market...
CATEGORIES: Pound Euro Forecasts
Euro to Dollar Forecast: Oil Spike Drives EUR/USD to 7-Month Lows
16 Mar 2026 at 10 AM - Written by Tim Boyer
STORY LINK Euro to Dollar Forecast: Oil Spike Drives EUR/USD to 7-Month Lows
The Euro to Dollar exchange rate (EUR/USD) remained under pressure as surging energy prices and geopolitical tensions boosted demand for the US dollar.
With Europe highly exposed to rising oil and gas costs, the single currency slid to seven-month lows below 1.1450, while several major banks warn the pair could weaken further in the near term if the energy shock persists.
EUR/USD Forecasts: Energy fears hurt the...
CATEGORIES: Euro Dollar Forecasts
British Pound to Dollar Forecast: BoE Policy Doubts Weigh on GBP
16 Mar 2026 at 9 AM - Written by Frank Davies
STORY LINK British Pound to Dollar Forecast: BoE Policy Doubts Weigh on GBP
The Pound to Dollar exchange rate (GBP/USD) slipped to three-month lows below 1.3250 as weaker UK growth data and rising energy prices weighed on Sterling while safe-haven demand boosted the US dollar.
With markets reassessing Bank of England policy expectations and geopolitical tensions continuing to dominate sentiment, analysts warn that Sterling could remain vulnerable if energy prices stay elevated and risk appetite...
CATEGORIES: Pound Dollar Forecasts
Pound to Euro Week Ahead Forecast: 1.16 Resistance Looms
16 Mar 2026 at 7 AM - Written by David Woodsmith
STORY LINK Pound to Euro Week Ahead Forecast: 1.16 Resistance Looms
The Pound to Euro exchange rate (GBP/EUR) struggled to hold gains near six-month highs around 1.16 as soaring energy prices and shifting interest-rate expectations drove volatile trading.
Sterling found support from sharply higher UK bond yields and markets abandoning expectations of a near-term Bank of England rate cut, although analysts warn the rally could stall if geopolitical tensions ease or UK economic concerns...
CATEGORIES: Pound Euro Forecasts
Pound Sterling to Dollar Forecast: GDP Miss Sparks Fresh GBP Sell-Off
15 Mar 2026 at 9 PM - Written by David Woodsmith
STORY LINK Pound Sterling to Dollar Forecast: GDP Miss Sparks Fresh GBP Sell-Off
The Pound to Dollar exchange rate (GBP/USD) slipped back towards three-month lows near 1.3250 on Friday as recession concerns and rising energy prices weighed heavily on Sterling.
Weak UK GDP data intensified fears that the economy may struggle to withstand the latest oil shock, while safe-haven demand and firmer crude prices continued to underpin the US dollar.
GBP/USD Forecasts: Near 3-Month Lows
The Pound to Dollar...
CATEGORIES: Pound Dollar Forecasts
Pound to Dollar Forecast: GBP/USD Crashes to 1.32 as Oil Fears Surge
14 Mar 2026 at 2 PM - Written by Ben Hughes
STORY LINK Pound to Dollar Forecast: GBP/USD Crashes to 1.32 as Oil Fears Surge
The Pound to Dollar exchange rate (GBP/USD) remained under pressure into the weekly close, slipping to 1.32248 as renewed energy fears and rising oil prices boosted demand for the US dollar.
Sterling struggled to hold earlier support levels as concerns over Middle East oil supply disruptions intensified, while higher UK bond yields provided only limited relief amid mounting global risk aversion.
GBP/USD Forecasts: Below...
CATEGORIES: Pound Dollar Forecasts
British Pound to Euro Forecast: Oil Price Crisis to Shape GBP Outlook
14 Mar 2026 at 2 PM - Written by David Woodsmith
STORY LINK British Pound to Euro Forecast: Oil Price Crisis to Shape GBP Outlook
The Pound to Euro exchange rate (GBP/EUR) slipped back toward 1.1580 ahead of the weekly close, struggling to break above the key 1.1600 resistance level despite continued support from rising UK bond yields.
Pound Sterling has remained resilient against the Euro as markets reassess Bank of England policy expectations following the recent surge in energy prices, although analysts warn that mounting stagflation risks and...
CATEGORIES: Pound Euro Forecasts