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

Pound Sterling to Dollar Forecast: GBP to "Remain Firm" vs USD over 2025

2 May 2025 at 7 AM - Written by Frank Davies

STORY LINK Pound Sterling to Dollar Forecast: GBP to "Remain Firm" vs USD over 2025

The Pound to Dollar (GBP/USD) exchange rate was unable to move above 1.3350 on Thursday and retreated to just below 1.3300 after the round of US data. The releases were certainly soft, but markets had been braced for even weaker figures which helped trigger dollar short covering. Scotiabank still considers that the overall tone is one of consolidation; “The trend is bullish, given the sequence of higher highs and...

CATEGORIES: Currency Predictions Pound Dollar Forecasts

Pound to Euro May Forecast: FTSE 100 Index Revival Underpins Sterling

2 May 2025 at 7 AM - Written by Tim Boyer

STORY LINK Pound to Euro May Forecast: FTSE 100 Index Revival Underpins Sterling

The Pound to Euro (GBP/EUR) exchange rate found support below 1.1720 on Wednesday and rallied to near 1.1770 on Thursday, close to 3-week highs. Many European markets were closed for the Labour-Day holiday which dampened activity with markets also waiting for the UK local election results. Equity markets, however, held firm on Thursday which also boosted the UK currency. The FTSE 100 index was little changed on the...

CATEGORIES: Pound Euro Forecasts

Pound to Dollar FX Forecast: GBPUSD Price Retreats but Retakes 1.33

2 May 2025 at 7 AM - Written by David Woodsmith

STORY LINK Pound to Dollar FX Forecast: GBPUSD Price Retreats but Retakes 1.33

Pound Sterling (GBP) edged lower against the US Dollar (USD) on Thursday after upbeat US economic data lent support to the ‘Greenback’. At the time of writing, the Pound to Dollar exchange rate (GBP/USD) was trading at approximately $1.3297, down roughly 0.2% from the start of Thursday’s session. The US Dollar (USD) maintained a positive trajectory on Thursday, with its modest appreciation extending Wednesday's...

CATEGORIES: Pound Dollar Forecasts

Pound-to-Euro Rate Steady at 1.176 as EUR/USD Bounces of Lows

2 May 2025 at 7 AM - Written by Frank Davies

STORY LINK Pound-to-Euro Rate Steady at 1.176 as EUR/USD Bounces of Lows

As EUR/USD bounces of multi-week lows, the Pound Euro exchange rate (GBP/EUR) drifted sideways on Thursday, with both currencies lacking clear direction as traders looked ahead to Friday’s pivotal Eurozone inflation figures. At the time of writing, GBP/EUR traded at €1.1766, having wavered in a narrow range. The Euro (EUR) saw limited movement on Thursday, with traders treading carefully ahead of a crucial inflation...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Forecast: Sterling Stalls, Strong EUR Headache for ECB

1 May 2025 at 10 AM - Written by Tim Boyer

STORY LINK Pound to Euro Forecast: Sterling Stalls, Strong EUR Headache for ECB

The Pound to Euro rate (GBP/EUR) hit 3-week highs around 1.1790 in Asian trading on Wednesday before a retreat to 1.1760. GBPEUR is likely to face further near-term resistance close to 1.1800, but expectations of a dovish ECB stance will provide solid underlying Pound support. There has been further evidence that UK business confidence has dipped and gains in UK equity markets have stalled, although the overall outlook...

CATEGORIES: Pound Euro Forecasts

GBP/USD Forecast: Pound Weakens Against Stronger Dollar Despite Downbeat US GDP

1 May 2025 at 8 AM - Written by Frank Davies

STORY LINK GBP/USD Forecast: Pound Weakens Against Stronger Dollar Despite Downbeat US GDP

The Pound-to-Dollar exchange rate softened on Wednesday after the release of the US’s latest GDP data and core PCE price index. At the time of writing, GBP/USD was trading at approximately $1.3348, down roughly 0.5% from the start of Wednesday’s session. On Wednesday, the US Dollar (USD) managed to climb against most of its peers, despite the release of two economic data points that fell short of...

CATEGORIES: Pound Dollar Forecasts

Pound-to-Euro Rate Dips to 1.176 on EUR USD Reaction to GDP Data

1 May 2025 at 8 AM - Written by David Woodsmith

STORY LINK Pound-to-Euro Rate Dips to 1.176 on EUR USD Reaction to GDP Data

The Pound-to-Euro exchange rate ticked lower on Wednesday following the publication of the Eurozone’s latest GDP data. At the time of writing, the GBP/EUR was trading at around €1.1749, down roughly 0.2% from Wednesday’s opening levels. On Wednesday, the Euro (EUR) was mixed against its peers, strengthening against some currencies but weakening against others, following the release of the Eurozone’s latest GDP...

CATEGORIES: Pound Euro Forecasts

Euro to Dollar Forecasts Revised to 1.15 (from 1.04) at HSBC

30 Apr 2025 at 3 PM - Written by Frank Davies

STORY LINK Euro to Dollar Forecasts Revised to 1.15 (from 1.04) at HSBC

After surging to 3-year highs above 1.1550, the Euro to Dollar exchange rate (EUR/USD) has been in corrective mode with buying below 1.1300. US economic concerns have increased, although the dollar has demonstrated some resilience in global markets. There will be some impact from month-end trading during the day which may mask underlying trends. Scotiabank commented; “The latest period of consolidation has not yet...

CATEGORIES: Currency Predictions Euro Dollar Forecasts

USD/CAD Forecasts Lowered for End-2025 to 1.44 at HSBC

30 Apr 2025 at 12 PM - Written by Frank Davies

STORY LINK USD/CAD Forecasts Lowered for End-2025 to 1.44 at HSBC

The US to Canadian Dollar exchange rate (USD/CAD) has settled around 1.3835 after the Canadian election. There have been sharp losses from 22-year highs above 1.48 recorded in the first quarter. The focus will quickly focus on the outlook for trade talks with the US and the domestic economic impact. ING commented; “We expect most trading into the summer to happen within the 1.37-1.40 range, and we target 1.39 for the...

CATEGORIES: Canadian Dollar Forecasts

Pound to Dollar Forecast: Fresh Multi-year Best in 1.34s

30 Apr 2025 at 8 AM - Written by Frank Davies

STORY LINK Pound to Dollar Forecast: Fresh Multi-year Best in 1.34s

After hitting 3-year highs just above 1.3440 late on Monday, the Pound to Dollar exchange rate (GBP/USD) was in consolidation mode early on Tuesday. A raft of weak US data, however, triggered fresh buying interest and it traded just above 1.3400 after the New York open According to Scotiabank; “The bull trend is intact and has been reinforced by GBP’s push to a fresh multi-year high in the mid-1.34s. Near-term...

CATEGORIES: Pound Dollar Forecasts

Daily Market Updates

Major Currency Forecasts

Currency Pairs

Popular Currency Tags

Currency News Info

Currency Rates Today