Currency News

Daily Exchange Rate Forecasts & Currency News

More Daily Currency Updates Continued - page 2

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

Pound to Dollar Rate Jumps to 2-Month Best Above 1.2400

15 Nov 2023 at 7 AM - Written by Frank Davies

The Pound Sterling (GBP) moved to test the best exchange rate levels of two months against the US Dollar (USD) on Tuesday. Benign US inflation data was a key element in global markets on Tuesday with markets pricing out any further Fed rate hikes. In response, the dollar dipped sharply while risk appetite also improved sharply which...

CATEGORIES: Daily Currency Updates Pound Dollar Forecasts

Euro to Dollar Rate: EURUSD Retreats as Fed’s Powell Maintains Hawkish Stance

10 Nov 2023 at 8 AM - Written by Ben Hughes

Hawkish Fed rhetoric pulled the Euro (EUR) lower against the US Dollar (USD) on Thursday and CIBC expects the currency pair will weaken further to 1.03 at the end of 2023. At the time of writing, the Euro to Dollar exchange rate (EUR/USD) traded at 1.06699. In a speech on Thursday, Federal Reserve Chair Powell stated that the...

CATEGORIES: Daily Currency Updates Euro Dollar Forecasts

FX Insights 03 Nov 2023: Analysis, Economic, FX and Currency Forecasts

1 Nov 2023 at 10 AM - Written by Tim Boyer

Regularly updated with the week's most important commentary on the FX markets, central bank moves, and macroeconomic data: BoE Analysis, Pound Sterling - Lloyds Bank 03/11: Lloyds Bank notes a 6-3 MPC vote to maintain rates at 5.25%, with GDP growth forecasts reduced and concerns over inflation, but Barclays Research anticipates...

CATEGORIES: Daily Currency Updates

GBP/EUR Exchange Rate Rangebound as Brexit Continues to Dominate

4 Dec 2020 at 2 PM - Written by John Cameron

The Pound to Euro (GBP/EUR) exchange rate is rangebound so far after recovering quickly from losses this morning. At the time of writing the GBP/EUR exchange rate is currently trading at around €1.1082. Pound (GBP) At Risk as Brexit Talks Thrown into Further Turmoil The Pound (GBP) opened today’s session with losses, though quickly...

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

Pound Danish Krone (GBP/DKK) Exchange Rate Flat as Danish Inflation Edges Higher

10 Aug 2020 at 1 PM - Written by John Cameron

Pound Sterling Danish Krone (GBP/DKK) Exchange Rate Muted as Denmark Posts Largest Trade Surplus Since March The Pound Sterling Danish Krone (GBP/DKK) exchange rate remained flat on Monday morning. This left the pairing largely flat and trading at 8.2593Kr. The Danish Krone was left flat against the Pound as data revealed inflation in...

CATEGORIES: Daily Currency Updates

BoE Governor Carney: ‘Profound Uncertainties’ Leave Pound Sterling Chinese Yuan (GBP/CNY) Exchange Rate Flat

1 Aug 2019 at 5 PM - Written by John Cameron

Pound Chinese Yuan (GBP/CNY) Exchange Remained Muted as BoE Leaves Rates Unchanged The Pound Sterling Chinese Yuan (GBP/CNY) exchange rate remained muted and the pairing is currently trading at an inter-bank rate of ¥8.3771. On Thursday, the Bank of England (BoE) policymakers voted unanimously to leave interest rates unchanged at...

CATEGORIES: Daily Currency Updates

Pound Sterling Swedish Krona (GBP/SEK) Exchange Rate Rises as Brexit Cross-Party Talks Set to Continue

13 May 2019 at 11 AM - Written by John Cameron

Pound Swedish Krona (GBP/SEK) Exchange Rate Rises Ahead of Further Cross-Party Talks The Pound Sterling Swedish Krona (GBP/SEK) Exchange Rate rose and the pairing is currently trading at an inter-bank rate of 12.5509Kr. Speaking to the Guardian, Sir Keir Starmer, Shadow Brexit Secretary said that a cross-party Brexit deal will not get...

CATEGORIES: Daily Currency Updates

Pound Japanese Yen (GBP/JPY) Exchange Rate Steadies as Japanese Industry Activity Falls Below Expectation

24 Apr 2019 at 4 PM - Written by John Cameron

GBP/JPY Exchange Rate Flat as Japanese Economic Index Rises The Pound Japanese Yen (GBP/JPY) exchange rate held steady today and is currently trading around ¥144.7780. The Japanese Yen (JPY) failed to make any gains against the Pound (GBP) following the publication of the Japanese All Industry Activity Index figures for February, which...

CATEGORIES: Daily Currency Updates Japanese Yen Forecasts Pound Sterling Forecasts Pound Yen Forecasts

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Rises as NZ Credit Card Spending Slips

23 Apr 2019 at 3 PM - Written by John Cameron

GBP/NZD Exchange Rate Edges Higher as Geopolitical Tensions Weaken ‘Kiwi’ The Pound New Zealand Dollar (GBP/NZD) exchange rate is up by 0.3% today and is currently trading around NZ$1.9493. The New Zealand Dollar (NZD) fell against the Pound (GBP) today following the publication of the NZ credit card spending figures for March, which...

CATEGORIES: Currency Predictions Daily Currency Updates Pound New Zealand Dollar Forecasts Pound Sterling Forecasts

Pound to New Zealand Dollar Exchange Rate Today: GBP/NZD Rises on Fears of RBNZ Interest Rate Cut

18 Apr 2019 at 4 PM - Written by John Cameron

The Pound New Zealand exchange rate edged higher to above 0.3% today and is currently trading around NZ$1.9462 on the inter-bank market. The New Zealand Dollar (NZD) has weakened against the Pound (GBP) as its status has become increasingly unappealing following this week’s disappointing economic data – NZ CPI figures fell below...

CATEGORIES: Currency Predictions Daily Currency Updates New Zealand Dollar Forecasts Pound New Zealand Dollar Forecasts