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 NZD Tumbles as UK Manufacturing Disappoints

2 Oct 2017 at 3 PM - Written by Frank Davies

The Pound New Zealand Dollar exchange rate tumbled today as markets responded to news that UK manufacturing activity slipped below forecasts in September. UK IHS Markit Manufacturing PMI Misses its Mark – GBP Falls The IHS Markit UK manufacturing PMI dropped to 55.9 in September, below the downwardly revised 56.7 figure in August and...

CATEGORIES: Daily Currency Updates Pound New Zealand Dollar Forecasts

Outlook for the GBP AUD Exchange Rate: Pound Sterling Sell-off as Foreign Exchange Markets Cool

18 Sep 2017 at 1 PM - Written by Ben Hughes

The pound to Australian dollar exchange rate has fallen back from last week's best conversion levels as sterling was sold-off across the markets. Amid a lack of demand for risk-correlated currencies, GBP/AUD easily surged last week as investors digested an unexpectedly hawkish tone from the Bank of England (BoE). The ‘Aussie’ has...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Pound Aus Forecasts

Pound Sterling Forecast to Rise vs US Dollar as BoE Vlieghe Acknowledges 'Growing Need for Near-Term Rate Hike'

15 Sep 2017 at 4 PM - Written by Frank Davies

The pound to dollar exchange rate ended the week at the best levels since the EU Referendum vote last year. Cable is quoted at 1.35925 on Saturday, September 16. GBP/USD continued to climb on Friday as Bank of England (BoE) member Gertjan Vlieghe unexpectedly expressed hawkish sentiment. GBP Surges as BoE Vlieghe Claims that Rate...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Pound Dol Forecasts

The Euro to Dollar Exchange Rate Forecast: "Above 1.1990/00 Turns Near-Term Outlook More Bullish"

15 Sep 2017 at 3 PM - Written by Tim Boyer

"EUR/USD price action may have formed a base in the mid/upper 1.18s yesterday, suggesting that spot’s corrective drift lower from last week’s peak near 1.21 is complete. Gains through minor trend resistance at 1.1930 (now minor support). The EUR has a little more work to do in order to gain more appreciably; above 1.1990/00 turns the...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts

Today's Euro to Pound Sterling Exchange Rate Tumbles to 2-Month Low on BoE Comments; EUR/GBP @ 0.878

15 Sep 2017 at 1 PM - Written by Minesh Chaudhari

The euro to British pound exchange rate is now trading at the lowest level since for two months, quoted at £1 = 0.87890 euros. "We accelerated lower on the MPC news and are testing more important pivot support in the 0.8850-0.8750 region. This pivot is part of the broad medium-term range between 0.8250 and 0.8415. Momentum studies still...

CATEGORIES: Daily Currency Updates Euro Forecasts Euro Pound Forecasts Pound St Forecasts

Intraday Pound to Dollar Rate Price Patterns "Look Weak, Bearish Outside Range Session on 6-Hour Chart"

13 Sep 2017 at 3 PM - Written by Toni Johnson

The British Pound to dollar exchange rate has "stumbled badly" after the latest UK wage growth figures missed forecasts. GBP/USD fell to trend in the region of 1.3282, although the US Dollar has made gains more thanks to the weakness in the Pound than because of any intrinsic strength. Scotiabank analysts note a bearish near-term...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Pound Dol Forecasts

British Pound to Euro LIVE: Best Exchange Rates Return for UK Currency as BoE Signals 2017 Rate Hike

13 Sep 2017 at 11 AM - Written by John Cameron

The pound to euro exchange rate has rallied to fresh best levels today after the Bank of England signaled a rate rise in coming months to combat inflation. GBP/EUR jumped over one percent to breach the 1.12 handle on Thursday, September 14. Pound Sterling Slips as Wage Data Disappoints Sterling dipped this morning as despite the...

CATEGORIES: Daily Currency Updates Euro Forecasts Pound Euro Forecasts Pound St Forecasts

Mid-Week Pound to New Zealand Dollar Outlook: NZ Election Jitters Limit NZD Upside

13 Sep 2017 at 10 AM - Written by David Woodsmith

The pound to New Zealand dollar exchange rate remains on a negative bias on Thursday 14th September, quoted at 1.82277 (07:30 GMT). After making strong gains in the wake of the latest UK inflation data GBP/NZD returned to a weaker footing. While the Pound surged higher across the board on Tuesday it struggled to sustain this bullishness...

CATEGORIES: Daily Currency Updates New Zealand Dollar Forecasts Pound Forecasts

Best Pound to Australian Dollar Exchange Rate in One Month as UK Inflation Prompts GBP Investors

12 Sep 2017 at 12 PM - Written by John Cameron

The Pound to Australian Dollar exchange rate is holding the previous day's gains, quoted at 1.65863 (+0.07% on the day) on Wednesday 13th September. GBP/AUD surged Tuesday morning as currency markets sentiment was upbeat following the release of the UK’s latest Consumer Price Index (CPI). Pound Sterling (GBP) Climbs as Inflation Beats...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates Pound A Forecasts

The Euro to Dollar Rate Drops Below 1.20 Handle as Fresh Signs of ECB Dovishness Weigh Heavily on EUR

11 Sep 2017 at 1 PM - Written by Frank Davies

The euro to dollar exchange rate has fallen below the 1.20 handle during the European session, quoted at 1.19955 on Monday, September 11. As the latest round of commentary from European Central Bank (ECB) policymakers proved rather dovish in nature this kept the EUR/USD on a weaker footing at the start of the week. Investors were not...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts