Currency News

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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

Euro to Pound Sterling (EUR/GBP) Exchange Rate Improves as UK-EU Brexit Negotiations Breakdown

21 Aug 2019 at 4 PM - Written by John Cameron

The Euro to Pound exchange rate rose on Wednesday 21st August, with the pairing fluctuating around £0.914 handle. Today saw Prime Minister Boris Johnson heads to Europe in an attempt to gain support to scrap the Irish backstop with German Chancellor Angela Merkel and French President Emmanuel Macron. Ed Vaizey, Conservative MP and former minister, said that Mr Johnson was ‘just going through the motions’ with the EU,...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound Swiss Franc (GBP/CHF) Exchange Rate Defies Downtrend as Safe-Haven Demand Falters

21 Aug 2019 at 3 PM - Written by Frank Davies

Lack of Safe-Haven Demand Benefits Pound Sterling Swiss Franc (GBP/CHF) Exchange Rate As general market sentiment improved this helped to keep the Pound Sterling to Swiss Franc (GBP/CHF) exchange rate on a positive footing. Weak levels of safe-haven demand dragged the Swiss Franc lower across the board on Wednesday, in spite of the latest signs of deterioration in the US-China trade relationship. With investors betting on...

CATEGORIES: Pound Swiss Franc Forecasts

US Dollar to Rand Exchange Rate Tumbles as Investors Anticipate Federal Reserve News

21 Aug 2019 at 1 PM - Written by John Cameron

Despite some weaker than expected South African inflation data today, the US Dollar to South African Rand exchange rate tumbled ahead of the publication of the Federal Reserve’s latest meeting minutes this evening, as well as other major central bank news expected later in the week. Due to broad weakness in the South African Rand, USD/ZAR was able to edge higher last week even despite rising US recession fears. USD/ZAR...

CATEGORIES: American Dollar Forecasts South African Rand Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Sinks as RBA Takes a Wait-and-See Stance on Monetary Policy

20 Aug 2019 at 12 PM - Written by John Cameron

GBP/AUD Exchange Rate Falls as US-China Trade Developments Remain in Focus The Pound Australian Dollar (GBP/AUD) exchange rate fell by -0.5% today. This left the pairing fluctuating around AU$1.786 after the Reserve Bank of Australia’s board reiterated its wait-and-see on monetary policy going forward. The board’s minutes also suggested a neutral approach: ‘Having eased monetary policy at the previous two meetings,...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts Pound Sterling Forecasts

GBP to NZD Exchange Rate Struggles to Hold Gains amid Brexit Fears and Lack of Trade War News

20 Aug 2019 at 12 PM - Written by Frank Davies

While the British Pound to New Zealand Dollar (GBP/NZD) exchange rate has sustained most of the gains seen last week, its advance appears to have come to an end and the pair is struggling to hold its best levels. The latest fears that a no-deal Brexit is possible, combined with investors taking a breather from US-China trade jitters, left the pair slightly lower today. Last week was a surprisingly bullish one for GBP/NZD, as...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Eases as Brexit Uncertainties Increase

19 Aug 2019 at 4 PM - Written by John Cameron

GBP/CAD Exchange Rate Sinks as Boris Johnson Remains Confident on UK-EU Talk Breakthrough The Pound Canadian Dollar (GBP/CAD) exchange rate eased today, leaving the pairing fluctuating around CA£1.607 as no-deal Brexit fears continue to provide downward pressure on Sterling. Meanwhile, Prime Minister Boris Johnson has said that he is ‘confident’ that the EU will concede on the controversial Irish backstop issue. Mr...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts Pound Sterling Forecasts

GBP to ZAR Exchange Rate Trends near New Two-Month-Best amid Rising Oil Prices

19 Aug 2019 at 1 PM - Written by Ben Hughes

Despite higher market demand for currencies correlated with trade and risk today, the British Pound to South African Rand (GBP/ZAR) exchange rate has been trending within a tighter region since markets opened this morning. Investors are hesitant to make fresh big moves on either the Pound or South African Rand amid political and economic uncertainties. Due to lasting concerns about South Africa’s economic outlook, GBP/ZAR was...

CATEGORIES: Pound Rand Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Eases as Jeremy Corbyn Rallies to Prevent a Disorderly Brexit

19 Aug 2019 at 12 PM - Written by John Cameron

GBP/USD Exchange Rate Falls as a Cross-Party Challenge Mounts against Boris Johnson The Pound US Dollar (GBP/USD) exchange rate eased this morning, with the pairing trading around $1.212 as cross-party opposition against a no-deal Brexit in October has increased since last week. This follows Labour leader Jeremy Corbyn’s call for cross-party MP solidarity against Prime Minister Boris Johnson in a bid to oust the Tory...

CATEGORIES: American Dollar Forecasts Dollar Pound Forecasts Pound Dollar Forecasts Pound Sterling Forecasts

GBP to ZAR Exchange Rate Higher despite Rand Rebound amid Brexit Hopes

16 Aug 2019 at 4 PM - Written by Tim Boyer

While the South African Rand rebounded slightly from weeks of losses, the British Pound to South African Rand (GBP/ZAR) exchange rate is still on track to sustain gains this week as the Pound has rebounded more strongly. Sterling has benefitted from strong UK data and signs that UK politicians are working to prevent the government from heading for a no-deal Brexit. After opening the week at the level of 18.34, GBP/ZAR saw broad...

CATEGORIES: Pound Rand Forecasts

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Rises as Opposition to No-Deal Brexit Increases

16 Aug 2019 at 3 PM - Written by John Cameron

GBP/NZD Exchange Rate Edges Higher as Cross-Party Opposition to Brexit Mounts The Pound New Zealand Dollar (GBP/NZD) exchange rate rose by 0.6% today, leaving the pairing trading around NZ$1.8919 as cross-party opposition has increased against a no-deal Brexit following Labour leader Jeremy Corbyn’s pledge to lead a caretaker government. Jo Swinson, the Leader of the Liberal Democrats, has said she would be willing to work...

CATEGORIES: New Zealand Dollar Forecasts Pound New Zealand Dollar Forecasts