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Latest Currency News Continued - page 4

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Latest Currency News Headlines

GBP to EUR Exchange Rate Firm as Eurozone Data Continues to Point towards Gloom

30 Oct 2019 at 1 PM - Written by James Fuller

Amid fresh fuel to flame concerns that Germany’s economy is facing a recession, the British Pound to Euro (GBP/EUR) exchange rate continues to trend with an upside bias today. This is despite investors considering fresh uncertainties regarding how Brexit and an upcoming UK General Election will unfold in the coming months, which are limiting market demand for the recently embattled Pound. After Brexit jitters pushed GBP/EUR...

CATEGORIES: Pound Euro Forecasts

Pound Australian Dollar Exchange Rate Steady, Australian Inflation Beats Forecasts in Third Quarter

30 Oct 2019 at 12 PM - Written by John Cameron

GBP/AUD Exchange Rate Flat, Positive Inflation Tempers RBA Rate Cut Fears The Pound Australian Dollar (GBP/AUD) exchange rate held steady today, with the pairing currently trading around AU$1.875 after Australia’s inflation rate beat expectations and rose from 1.6% to 1.7% in the third-quarter and tempered fears that the Reserve Bank of Australia (RBA) would cut rates this year. Craig James, an Economist at Commonwealth...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

First Pre-Christmas General Election in a Century Leaves Pound Sterling Japanese Yen (GBP/JPY) Exchange Rate Flat

30 Oct 2019 at 11 AM - Written by John Cameron

Pound Japanese Yen (GBP/JPY) Exchange Rate Muted as December Election Likely to Bring Further Uncertainty The Pound Sterling Japanese Yen (GBP/JPY) exchange rate was left flat on Wednesday, and the pairing is currently trading at around ¥140.2810. Sterling was supported by hopes the UK will avoid crashing out of the European Union without a deal as the bloc granted the UK a three-month ‘flextension’. Meanwhile,...

CATEGORIES: Pound Yen Forecasts

GBP to CAD Exchange Rate Edging Higher despite Uncertainties over Likely UK Election

29 Oct 2019 at 3 PM - Written by Frank Davies

Despite concerns over the next steps of the Brexit process, with a UK general election expected in the coming months, the British Pound to Canadian Dollar (GBP/CAD) exchange rate advanced slightly yesterday. The latest UK political uncertainties doused market risk-sentiment and dampened demand for the trade-correlated Canadian Dollar as investors of the Canadian currency await tomorrow’s Bank of Canada (BoC) policy...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Euro (GBP/EUR) Exchange Rate Left Flat as Labour Supports December General Election

29 Oct 2019 at 3 PM - Written by John Cameron

Pound Sterling Euro (GBP/EUR) Exchange Rate Muted as PM Pushes for December Election The Pound Sterling Euro (GBP/EUR) exchange rate was left muted and the pairing is currently trading around €1.1603. The Pound was left under pressure on Tuesday as investors awaited Prime Minister Boris Johnson’s next attempt to push for a December general election. However, it seems Johnson will face less opposition as Labour Leader...

CATEGORIES: Pound Euro Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Steady, Jeremy Corbyn Backs Pre-Christmas General Election

29 Oct 2019 at 2 PM - Written by John Cameron

GBP/USD Exchange Rate Rangebound, Boris Johnson Pushes for December Election The Pound US Dollar (GBP/USD) exchange rate held steady at around $1.286 today after Labour Party leader Jeremy Corbyn announced that the party was now ready to back a pre-Christmas general election. Mr Corbyn said: ‘We have now heard from the EU that the extension of article 50 to 31 January has been confirmed, so for the next three months, our...

CATEGORIES: Dollar Pound Forecasts Pound Dollar Forecasts Pound Sterling Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Left Flat as UK Offered Three-Month Brexit Extension

28 Oct 2019 at 3 PM - Written by John Cameron

Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate Muted as EU Offer UK a ‘Flextension’ The Pound Sterling Australian Dollar (GBP/AUD) exchange rate was left muted on Monday, with the pair currently trading at around AU$1.8836. At the end of last week, the European Union agreed to allow the UK to extend Article 50, preventing the country from crashing out of the bloc without a deal. On Monday morning Sterling...

CATEGORIES: Pound Australian Dollar Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Slumps as Johnson Threats to Freeze Withdrawal Agreement

25 Oct 2019 at 1 PM - Written by Frank Davies

Boris Johnson’s Election Push Drives Down Pound Sterling South African Rand (GBP/ZAR) Exchange Rate The latest comments from Boris Johnson saw the Pound Sterling to South African Rand (GBP/ZAR) exchange rate slump sharply ahead of the weekend. After threatening to pull the Brexit withdrawal agreement if Labour did not approve his proposed general election Johnson suggested that the UK could still leave the EU at the end of...

CATEGORIES: South African Rand Forecasts

PM’s Call for Early General Election Leaves Pound US Dollar (GBP/USD) Exchange Rate Flat

25 Oct 2019 at 10 AM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Muted as PM Awaits EU’s Brexit Delay Decision The Pound US Dollar (GBP/USD) exchange rate was left muted today, and the pairing is currently trading at around $1.2837. Sterling was left under pressure as Prime Minister Boris Johnson awaited the European Union’s decision on whether or not the UK will be granted a Brexit delay, which is now expected next week. EU ambassadors are...

CATEGORIES: Pound Dollar Forecasts

Euro Pound (EUR/GBP) Exchange Rate Edges Higher, Downing Street Divided on Brexit Plans

24 Oct 2019 at 5 PM - Written by John Cameron

EUR/GBP Exchange Rate Improves, UK Markets Await EU Brexit Extension Announcement The Euro Pound (EUR/GBP) exchange rate edged higher today, with the pairing currently trading around £0.864 as Brexit uncertainty continues to haunt UK markets as Downing Street remains on divided on which course to take with its Brexit plans. Prime Minister Boris Johnson is now split between forcing through his UK-EU Brexit agreement or force...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts