Currency News

Daily Exchange Rate Forecasts & Currency News

Daily Currency Updates

A round up of the latest daily currency updates from the Currency News desk.

GBP/USD Exchange Rate Surges Over 1% on Reports of Soft Brexit Backing

12 Jan 2018 at 5 PM - Written by John Cameron

Spanish, Dutch Finance Ministers Announce Push for Soft Brexit, GBP/USD Exchange Rates Soar The Pound US Dollar (GBP/USD) exchange rate soared to its highest point since the Brexit vote on Friday afternoon as markets responded to news that Spanish and Dutch Finance Ministers are prepared to back a soft Brexit deal. Two finance ministers...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

GBP EUR Exchange Rate Fluctuates after Robust UK Services Data

4 Jan 2018 at 1 PM - Written by Ben Hughes

UK Service Sector Growth Fails to Bolster the GBP EUR Exchange Rate Britain’s service sector picked up pace in December, suggesting that the UK’s economy continues to remain resilient. According to data from Markit, the UK’s services purchasing managers index (PMI) climbed to 54.2 in December, up from November’s print of...

CATEGORIES: Daily Currency Updates Euro Forecasts

GBP EUR Exchange Rate Plummets as Brexit Trade Talks are Delayed Until March

15 Dec 2017 at 5 PM - Written by John Cameron

The Pound Euro (GBP EUR) exchange rate plummeted on Friday as markets reacted to news from Brussels that Brexit trade talks will likely be delayed until March 2018 – a delay that will leave UK businesses in the dark for even longer. GBP EUR Exchange Rate Falls Despite Narrowing of Eurozone Trade Surplus The Euro maintained its lead...

CATEGORIES: Currency Predictions Daily Currency Updates Euro Forecasts

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...

CATEGORIES: Canadian Dollar Forecasts Daily Currency Updates

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...

CATEGORIES: Daily Currency Updates Euro Pound Forecasts

GBP EUR Exchange Rate Extends Gains on Possibility of Irish Border Negotiation Progress

30 Nov 2017 at 5 PM - Written by David Woodsmith

The GBP EUR exchange rate extended its gains today as markets continued to respond positively to news that negotiations on the Irish border might soon reach a breakthrough and that trade talks could result as soon as January. EU Prepares Offer on Two-Year Brexit Transition Deal, GBP Exchange Rate Climbs EU leaders are reportedly...

CATEGORIES: Daily Currency Updates Euro Pound Forecasts

GBP USD Exchange Rate Climbs on Market Hopes for Brexit Progress

24 Nov 2017 at 4 PM - Written by John Cameron

The Pound US Dollar exchange rate climbed today with markets growing increasingly hopeful that UK Prime Minister Theresa May’s visit to Brussels will help move negotiations along. Meanwhile, fears of limp inflation at the Federal Reserve limited the upward potential of the US Dollar. GBP Exchange Rate Climbs on May Brexit...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

GBP USD Exchange Rate Fluctuates on Mixed News for Both Nations

23 Nov 2017 at 5 PM - Written by John Cameron

The Pound US Dollar exchange rate fluctuated today as markets reacted to fresh caution from the Federal Reserve and news that the Office for Budget Responsibility (OBR) has downgraded its growth forecasts for the UK. Fed Moves Cautiously, USD Exchange Rates Falter The US Dollar continued its fall today as markets reacted to the release...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts

GBP NZD Exchange Rates Fall as NZ Political Anxiety Wanes

21 Nov 2017 at 5 PM - Written by John Cameron

The Pound New Zealand Dollar exchange rate fell today despite a disappointing contraction in global dairy prices and hopeful progress in the Brexit negotiation process. Global Dairy Prices Fall, NZD Exchange Rates Unperturbed Recent data from New Zealand has not been overly impressive, with Sunday revealing a massive -1.1% contraction...

CATEGORIES: Daily Currency Updates Pound New Zealand Dollar Forecasts

GBP USD Exchange Rates Inch Backwards Ahead of BoE Rate Announcement

2 Nov 2017 at 11 AM - Written by David Woodsmith

The Pound US dollar exchange rate pared some gains this morning as markets grew increasingly skittish before the big Bank of England (BoE) widely anticipated rate announcement. GBP Exchange Rates Slide as Markets Prove Wary Ahead of BoE Decision The Pound slid against the US Dollar this morning, despite UK data releases this week...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts