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Latest Currency News Headlines

GBP/AUD Exchange Rate Tumbles on Revived Brexit Fear despite Reserve Bank of Australia Interest Rate Cut Bets

20 Mar 2019 at 1 PM - Written by James Fuller

Despite fresh weakness in the Australian Dollar amid bets that the Reserve Bank of Australia (RBA) could cut interest rates sometime this year, the British Pound to Australian Dollar (GBP/AUD) exchange rate continues to trend near this week’s worst levels today amid fresh uncertainties over whether or not the Brexit process will be able to be delayed. Market risk-sentiment limited GBP/AUD gains last week, but the pair...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Euro (GBP/EUR) Exchange Rate Sinks Despite Germany Slashing 2019 Growth Forecast

19 Mar 2019 at 4 PM - Written by John Cameron

GBP/EUR Exchange Rate Falls as Germany’s Economic Boom Fades The Pound Euro (GBP/EUR) exchange rate is down today and is currently trading around €1.168 on the inter-bank market. The Euro (EUR) gained on a weakened Pound (GBP) despite a panel of German economic advisers slashing the growth forecast for this year to 0.8%. Christoph Schmidt, an adviser at Germany’s Council of Economic Experts, commented: ‘The...

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

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Slips despite UK Employment at Highest Since 1971

19 Mar 2019 at 3 PM - Written by John Cameron

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Dips despite UK Unemployment Hitting 44-Year Low The Pound Canadian Dollar (GBP/CAD) exchange rate slipped over the course of the morning, and is currently trading at an inter-bank rate of CA$1.7577. Data released this morning revealed that UK employment is at its highest since 1971, as a record high of 32.7 million people are currently in employment. The related...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to EUR Exchange Rate Kept Under Pressure amid Brexit Jitters and ZEW Eurozone Confidence Data

19 Mar 2019 at 1 PM - Written by Tim Boyer

The British Pound to Euro (GBP/EUR) exchange rate has struggled to hold the highs seen over the weekend, as fresh Brexit uncertainties combined with some signs of strength in the Eurozone economy kept the Pound under pressure and offered the Euro some support. Investors now anticipate upcoming Brexit news and Eurozone data. Despite a slightly stronger Euro, GBP/EUR still saw an impressive gain of around a cent and a half last...

CATEGORIES: Pound Euro Forecasts

Pound Sterling Japanese Yen (GBP/JPY) Exchange Rate Slips on Uncertainty over PM?s Third ?Meaningful Vote?

18 Mar 2019 at 5 PM - Written by John Cameron

Pound Sterling Japanese Yen (GBP/JPY) Exchange Rate Falls as Third ‘Meaningful Vote’ Edges Closer The Pound Japanese Yen (GBP/JPY) exchange rate slipped over the course of Monday as Brexit pessimism weighed on Sterling. The pairing is currently trading at an inter-bank rate of ¥147.47. Sterling continues to struggle to hold onto last week’s gains as traders contemplate Brexit possibilities that have now opened up,...

CATEGORIES: Pound Yen Forecasts

Pound to Dollar Exchange Rate: GBP/USD Plummets as Speaker Rules Out Third Same Meaningful Vote

18 Mar 2019 at 4 PM - Written by John Cameron

The Pound to US Dollar (GBP/USD) exchange rate is down by nearly 0.8% today and is currently trading around $1.3195 on the inter-bank market. Sterling (GBP) has struggled against the US Dollar (USD) today as Prime Minister Theresa May once again attempts to gain support for her Brexit deal from both the DUP and rebel Tory MPs ahead of a possible vote on Wednesday. This third ‘meaningful vote’ however is conditional on...

CATEGORIES: American Dollar Forecasts Currency Predictions Daily Currency Updates Dollar Pound Forecasts

Pound Euro (GBP/EUR) Exchange Rate Slumps as Third Meaningful Vote Ruled Out

18 Mar 2019 at 4 PM - Written by Frank Davies

Pound Sterling Euro (GBP/EUR) Exchange Rate Slumps as Third Meaningful Vote Ruled Out As the House of Commons Speaker ruled out the prospect of a third meaningful vote unless the Brexit deal sees a ‘substantial change’ the Pound Sterling to Euro (GBP/EUR) exchange rate slumped. Investors were caught off guard by the move, having expected to see Theresa May put her rejected deal to a fresh parliamentary vote this...

CATEGORIES: Pound Euro Forecasts

Pound Australian Dollar Exchange Rate: GBP/AUD Softens on Prospect of Extended Brexit Uncertainty

15 Mar 2019 at 12 PM - Written by Frank Davies

Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate Falls in spite of Brexit Extension Vote After Parliament voted in favour of extending the Brexit deadline the Pound Sterling to Australian Dollar (GBP/AUD) exchange rate failed to find fresh gains. The mood towards Pound Sterling soured somewhat in the wake of the vote, with markets bracing for an even longer period of Brexit-based uncertainty. Although the odds of...

CATEGORIES: Pound Australian Dollar Forecasts

Pound to New Zealand Dollar Exchange Rate: GBP/NZD Firms Significant Gains despite Friday Slip

15 Mar 2019 at 12 PM - Written by Tim Boyer

A slight flare up in Brexit uncertainty towards the end of the week ultimately had little impact on the British Pound to New Zealand Dollar (GBP/NZD) exchange rate, as fading concerns that a no-deal Brexit was possible helped the Pound to sustain major gains. Still, the New Zealand Dollar was able to push GBP/NZD back slightly from its best levels due to these uncertainties as well as weakness in NZD rivals. After opening...

CATEGORIES: Pound New Zealand Dollar Forecasts Pound Norwegian Krone Forecasts

GBP to INR Exchange Rate Gains Limited on Brexit Uncertainty and Lingering Rupee Rally

14 Mar 2019 at 4 PM - Written by Ben Hughes

Market expectations that a worst-case scenario no-deal Brexit is becoming less and less likely has helped the British Pound to Indian Rupee (GBP/INR) exchange rate to advance this week. However, lingering Brexit uncertainties and strong support for the Indian Rupee all week have made it difficult for the pair to hold its best levels. Since markets opened this week, GBP/INR has climbed from its opening level of 91.10 due to...

CATEGORIES: Pound Rupee Forecasts