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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

GBP ZAR Exchange Rate Loses Ground Ahead of BoE Credit Report

11 Oct 2017 at 11 AM - Written by David Woodsmith

While worries over Theresa May’s future as Prime Minister eased somewhat over the weekend this failed to keep the Pound South African Rand exchange rate on a stronger footing for long. A sense of political uncertainty is continuing to weigh on the outlook of Sterling, with markets jittery as the latest round of Brexit talks draws towards a close. There are concerns that the government still lacks any particular unity on...

CATEGORIES: Pound Rand Forecasts

GBP to CAD Exchange Rate Firm Despite Rising Oil Prices

10 Oct 2017 at 3 PM - Written by Toni Johnson

Signs that the oil market may finally be rebalancing have not caused a notable shift in Canadian Dollar movement, as the British Pound to Canadian Dollar exchange rate has held most of yesterday’s gains due to rising hopes for tighter Bank of England (BoE) policy. Due to BoE hopes and cooling political jitters, the GBP/CAD exchange rate has climbed from Monday’s opening level of 1.6366 to above the level of 1.64. The pair...

CATEGORIES: Pound Canadian Dollar Forecasts

EUR USD Exchange Rate Strengthens as German Exports Boom

10 Oct 2017 at 12 PM - Written by John Cameron

The Euro US Dollar (EUR USD) exchange rate continued to trend higher this morning as Germany’s latest trade figures impressed investors. Euro (EUR) Strengthened by German Trade Figures The Euro extended its gains further this morning as Germany posted some impressive trade figures in August. According to data released by Destatis Germany’s trade surplus rose slightly from €19.6bn to €20bn in August. While the...

CATEGORIES: Euro Forecasts

Daily GBP AUD Trading: Pound Appreciates despite Mixed UK Stats

10 Oct 2017 at 12 PM - Written by Ben Hughes

On Monday’s trading session, the Pound advanced against the Australian Dollar from an opening exchange rate of 1.6827 to close around 1.6935 at the end of the day. This was positive movement in the GBP AUD exchange rate, but wasn't good enough to touch the early-October high of 1.7101. GBP AUD Exchange Rate Update: Pound Weakened by Poor Trading Data Although the Pound has made a small advance against the Australian...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar Exchange Rate Recovers Ground Despite Continued Political Risk

9 Oct 2017 at 4 PM - Written by Tim Boyer

After seeing considerable weakness over the course of the last week the Pound US Dollar exchange rate was able to recover some of its losses on Monday. In large part this was thanks to a temporary easing in political uncertainty, with a leadership challenge to Theresa May still yet to properly materialise. As Viraj Patel, foreign exchange strategist at ING, commented: ‘Talk of a Cabinet reshuffle dominated the weekend...

CATEGORIES: Pound Dollar Forecasts

GBP AUD Exchange Rate Jumps as Political Jitters Abate

9 Oct 2017 at 2 PM - Written by John Cameron

The Pound Australian Dollar (GBP AUD) exchange rate rebounded sharply this morning as fears of a potential leadership challenge against Theresa May receded over the weekend. Pound (GBP) Rallies as Political Uncertainty Retreats Sterling trended higher at the start of this week’s session as market confidence in Theresa May appeared to have quickly recovers after plummeting last week in the face of growing criticism and...

CATEGORIES: Pound Australian Dollar Forecasts

GBP USD Exchange Rate Under Pressure Ahead of US Payrolls Data

6 Oct 2017 at 10 AM - Written by Frank Davies

Although the Halifax house price index bettered expectations in September this was not enough to shore up the Pound US Dollar exchange rate ahead of the weekend. Confidence in Sterling has remained distinctly limited in the wake of Theresa May’s poorly received Conservative Party conference speech, with rumours of a leadership challenge swirling. As the Tories look no closer to unifying once again the political outlook for...

CATEGORIES: Pound Dollar Forecasts

Hawkish Statements from Fed’s Powell Push US Dollar to Pound Rate Higher

5 Oct 2017 at 3 PM - Written by David Woodsmith

On Wednesday, the US Dollar advanced slightly against the Pound, from a starting rate of 0.7539 to close at 0.7556. US Dollar Advances after Trio of Fed Speeches Three Federal Reserve officials have recently spoken, facilitating a clear US Dollar to Pound rise. The USD GBP exchange rate has risen by as much as 0.7%, thanks to general optimism among traders. The most cautious of the recent speakers has been John...

CATEGORIES: Dollar Pound Forecasts

Euro Pound Exchange Rate Regains Ground as Doubts Grow Over Imminent BoE Rate Hike

5 Oct 2017 at 2 PM - Written by Ben Hughes

As markets reacted poorly to Theresa May’s fraught Conservative Party conference speech the Euro Pound exchange rate made solid gains. Although ministers have been quick to rally around May in the wake of the less-than-triumphant speech the Pound remains under pressure from a sense of political jitters, particularly as Brexit-based uncertainty is still clouding the domestic outlook. On the other hand, the Euro has also...

CATEGORIES: Euro Pound Forecasts

GBP NZD Slides on Disappointing S&P Assessment of UK Economy

5 Oct 2017 at 2 PM - Written by John Cameron

The Pound New Zealand Dollar exchange rate fell today on the threat of a possible Conservative leadership challenge and a disappointing assessment of the UK’s economy by ratings agency Standard & Poor’s (S&P). S&P Insists UK Economy Not Strong Enough to Warrant Rate Hike – GBP Stumbles The S&P ratings agency has asserted that it is sceptical that the Bank of England (BoE) will be able to justify a rate hike following...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts