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Latest Currency News Continued - page 4

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

Pound Sterling Euro (GBP/EUR) Exchange Rate Flat as Eurozone Retail Sales Disappoint

4 Jul 2019 at 1 PM - Written by John Cameron

Pound Euro (GBP/EUR) Exchange Rate Muted Following Surprise Fall in Eurozone Retail Sales The Pound Sterling Euro (GBP/EUR) exchange rate remained flat and the pairing is currently trading at an inter-bank rate of €1.1139. On Thursday, Euro sentiment was dampened as the Eurozone’s monthly retail sales fell by a lower-than-forecast -0.3% in May. Eurostat showed that year-on-year, sales rose by a lower-than-expected...

CATEGORIES: Pound Euro Forecasts

Pound Swiss Franc Exchange Rate News: GBP/CHF Steady as Swiss Inflation Remains Flat

4 Jul 2019 at 12 PM - Written by John Cameron

Swiss Franc (CHF) Exchange Rates Flat as Swiss Inflation Steadies The Swiss Franc (CHF) is trading in a narrow range against the Pound (GBP) and the majority of its other peers this morning as markets react to the release of Switzerland’s latest CPI figures. According to data published by the Swiss Federal Statistical Office, inflation in Switzerland remained steady at 0.6% in June, beating expectations that it would have...

CATEGORIES: Pound Swiss Franc Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Steadies as Australian Retail Sales ‘Bleak’

4 Jul 2019 at 11 AM - Written by John Cameron

GBP/AUD Exchange Rate Flat as ‘Aussie’ Traders Await Construction Performance Figures The Pound Australian Dollar (GBP/AUD) exchange rate steadied this morning and is currently trading around AU%1.792 on the interbank market. The Australian Dollar (AUD) stabilised against the Pound (GBP) following the Australian retail sales figures for May. These improved from -0.1% to 0.1%, however they missed the forecast increase...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts Pound Sterling Forecasts

Euro US Dollar (EUR/USD) Exchange Rate Steadies as US Composite PMIs Improve

3 Jul 2019 at 4 PM - Written by John Cameron

EUR/USD Exchange Rate Flat as US Manufacturing Eases The Euro US Dollar (EUR/USD) exchange rate steadied today and is currently trading around $1.129 on the interbank market. The US Dollar (USD) stabilised against the Euro (EUR) following the publication of the US Markit PMI Composite figures for June, which rose from 50.9 to 51.5. Chris Williamson, a Chief Business Economist at IHS Markit, was downbeat, however,...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Flat as UK Private Sector Falls into Contraction for the First Time in 35 Months

3 Jul 2019 at 1 PM - Written by John Cameron

Pound South African Rand (GBP/ZAR) Exchange Rate Muted as UK Service Sector Close to Stagnation The Pound Sterling South African Rand (GBP/ZAR) exchange rate remained muted and the pairing is currently trading at an inter-bank rate of R17.7217. Sterling remained under pressure as the UK services PMI edged down from 51 in May to 50.2 in June due to subdued activity and Brexit uncertainty. Service sector output edged...

CATEGORIES: Pound Rand Forecasts

GBP to CAD Exchange Rate Continues to Plummet Into Worst Levels since 2017

3 Jul 2019 at 1 PM - Written by James Fuller

The Canadian Dollar remains one of the market’s most appealing major currencies, as Canadian data continues to beat forecasts and the currency climbs on global trade hopes, and as a result the currency has easily pushed a weaker British Pound to Canadian Dollar (GBP/CAD) exchange rate even lower. The Pound saw yet another day of weak performance today as investors digested concerning UK services data. Due to hopes for the...

CATEGORIES: Pound Canadian Dollar Forecasts

EUR to GBP Exchange Rate Avoids Significant Losses amid Latest European Central Bank (ECB) Speculation

2 Jul 2019 at 4 PM - Written by Ben Hughes

Mixed movement in both the Euro and Pound has left the Euro to British Pound (EUR/GBP) exchange rate fluctuating broadly this week so far. Investors are hesitant to keep selling the pair despite its high levels though, as European Central Bank (ECB) speculation keeps the Euro buoyed and the latest UK data and Brexit speculation keeps pressure on the Pound. Despite trending close to its best levels in months, EUR/GBP saw yet...

CATEGORIES: Euro Pound Forecasts

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Steadies as US-China Trade Doubts Return

2 Jul 2019 at 4 PM - Written by John Cameron

GBP/NZD Exchange Rate Flat as ‘Kiwi’ Traders Await Global Dairy Trade Figures The Pound New Zealand Dollar (GBP/NZD) exchange rate steadied today and is currently trading around NZ$1.895 on the interbank market. The New Zealand Dollar (NZD) stabilised against the Pound (GBP) following yesterday’s publication of the NZIER business confidence figures for the second-quarter, which plummeted by -34%. Jane Turner, a...

CATEGORIES: New Zealand Dollar Forecasts Pound New Zealand Dollar Forecasts

Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate Falls as RBA Slash Interest Rates to Record Low 1%

2 Jul 2019 at 1 PM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Slumps as RBA Slash Interest Rates The Pound Sterling Australian Dollar (GBP/AUD) exchange rate slumped and the pairing is currently trading at an inter-bank rate of AU$1.8053. On Tuesday, the Reserve Bank of Australia (RBA) slashed interest rates to a record low 1%. This is the lowest rate on record and comes just a month after bank revealed they were cutting the cash rate...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Swiss Franc (GBP/CHF) Exchange Rate Rises as Swiss-EU Tensions Rise

1 Jul 2019 at 3 PM - Written by John Cameron

GBP/CHF Exchange Rate Edges Higher as Swiss Retail Figures Fall The Pound Swiss Franc (GBP/CHF) exchange rate edged higher by 0.4% today and is currently trading around 1.6592Fr on the interbank market. The Swiss Franc (CHF) fell against the Pound (GBP) following the printing of the yearly Swiss real retail sales figures for May, which fell below the consensus -0.4% to -1.7% – their largest fall in 8 months. In...

CATEGORIES: Pound Swiss Franc Forecasts Swiss Franc Forecasts