Currency News

Daily Exchange Rate Forecasts & Currency News

Latest Currency News Continued - page 5

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 to ZAR Exchange Rate Losses Limited as South African Election Approaches

3 May 2019 at 1 PM - Written by Ben Hughes

While investors rolled back from some of the week’s biggest movements on Friday, the British Pound to South African Rand (GBP/ZAR) exchange rate’s Friday losses were limited due to a lack of solid demand for the South African Rand. Despite some investors taking profit from the Pound’s gains, trade uncertainty and uncertainty ahead of next week’s South African election are limiting the South African Rand’s potential for...

CATEGORIES: Pound Rand Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Falters in spite of UK Service Sector Recovery

3 May 2019 at 11 AM - Written by Frank Davies

Improved UK Services PMI Not Enough to Shore Up Pound Sterling US Dollar (GBP/USD) Exchange Rate The Pound Sterling to US Dollar (GBP/USD) exchange rate remained on a downtrend even after the UK service sector returned to a state of expansion. While the services PMI picked up from 48.9 to 50.4, climbing out of contraction territory, this was not enough to encourage renewed confidence in the outlook of the UK economy. As...

CATEGORIES: Pound Dollar Forecasts

EUR to USD Exchange Rate Fails to Sustain Week’s Best Levels as Fed News Causes USD Rebound

2 May 2019 at 4 PM - Written by Toni Johnson

While the Euro to US Dollar (EUR/USD) exchange rate has climbed this week due to hopes for a Eurozone recovery, as well as signs of weakness in the US economic outlook has been unable to hold its best levels. Instead, the pair has been tumbling since the Federal Reserve took a less dovish stance than expected in its latest policy decision, and today’s Eurozone data wasn’t particularly impressive either. Since opening this...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Pound Sterling Swiss Franc (GBP/CHF) Exchange Rate Muted as BoE Upgrades Growth Forecast

2 May 2019 at 3 PM - Written by John Cameron

Pound Swiss Franc (GBP/CHF) Exchange Rate Flat as BoE Leaves Interest Rates Unchanged The Pound Sterling Swiss Franc (GBP/CHF) exchange rate remained muted and the pairing is currently trading at an inter-bank rate of 1.3288Fr. Through a unanimous decision from policymakers, the Bank of England (BoE) left interest rates unchanged at 0.75%. The central bank upgraded its growth forecast to 1.5% economic growth for 2019,...

CATEGORIES: Pound Swiss Franc Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Slips despite Positive Revision to BoE Forecasts

2 May 2019 at 3 PM - Written by Frank Davies

Pound Sterling US Dollar (GBP/USD) Exchange Rate Trends Lower After BoE Meeting The Pound Sterling to US Dollar (GBP/USD) exchange rate failed to recover its positive momentum in the wake of the Bank of England’s (BoE) latest policy meeting. Even though the BoE revised its 2019 growth forecast up from 1.2% to 1.5% this was not enough to encourage investors to pile back into the Pound. Hawkish-sounding comments from BoE...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Rises as Easing Chinese Manufacturing Figures Drag on ‘Aussie’

1 May 2019 at 4 PM - Written by John Cameron

GBP/AUD Exchange Rate Edges Higher as Chinese Markets Close for Labour Day The Pound Australian Dollar (GBP/AUD) exchange rate is up today and is currently trading around AU$1.8576 on the inter-bank market. The Australian Dollar (AUD) fell against the Pound (GBP) exchange rate despite last night’s improvement in Australia’s AiG Performance of Management Index figures for April, which rose above the expected 51.0 to...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to NZD Exchange Rate Surges to Fresh 2019 Best on New Zealand’s Job Market Disappointment

1 May 2019 at 4 PM - Written by Minesh Chaudhari

The Pound remained one of the more appealing major currencies today, despite a lack of fresh Brexit developments. Instead, the British Pound to New Zealand Dollar (GBP/NZD) exchange rate climbed amid some fairly supportive UK data, as well as broad fresh losses in the New Zealand Dollar after the latest disappointing New Zealand job market stats. After slipping slightly last week, from the level of 1.9435 to 1.9385, GBP/NZD has...

CATEGORIES: Pound New Zealand Dollar Forecasts

Euro Pound Sterling (EUR/GBP) Exchange Rate Flat as UK Factories Lose March’s Pre-Brexit Stockpiling Boost

1 May 2019 at 12 PM - Written by John Cameron

Euro Pound (EUR/GBP) Exchange Rate Muted as Brexit Stockpiling Eases The Euro Pound Sterling (EUR/GBP) exchange rate remained muted, and the pairing is currently trading at an inter-bank rate of £0.8596. Data released this morning revealed that factories in the UK lost March’s boost from pre-Brexit stockpiling. The UK Markit manufacturing PMI fell from March’s 13-month high of 55.1 to a two-month low of 53.1. In...

CATEGORIES: Euro Pound Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Increases as Chinese Manufacturing Eases

30 Apr 2019 at 3 PM - Written by John Cameron

GBP/AUD Exchange Rate Increases on Weakening Chinese Economy The Pound Australian Dollar (GBP/AUD) exchange rate is up by 0.8% today and is currently trading around AU$1.8495. The Australian Dollar (AUD) fell against the stronger Pound (GBP) after the Chinese economy – Australia’s biggest trading partner – suffered from easing manufacturing PMI figures, with the Caixin index for April sinking below forecasts to...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

Euro Pound Sterling (EUR/GBP) Exchange Rate Slumps despite Surprise Jump in German Inflation

30 Apr 2019 at 2 PM - Written by John Cameron

Euro Pound (EUR/GBP) Exchange Rate Falls as German Inflation Hits ECB’s 2% Target The Euro Pound Sterling (EUR/GBP) exchange rate slipped, and the pairing is currently trading at an inter-bank rate of £0.8611. Data released this afternoon revealed that Germany’s Harmonized Index of Consumer Prices rose to a higher-than-forecast 2.1%. Added to this, April’s German preliminary inflation accelerated to hit the...

CATEGORIES: Euro Pound Forecasts