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

US-China Trade Optimism Buoys Oil Prices and Sends Pound Canadian Dollar (GBP/CAD) Exchange Rate Lower

23 Dec 2019 at 3 PM - Written by John Cameron

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Slips as Oil Prices Remain Steady The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate slumped on Monday, leaving the pairing trading at around CA$1.7013. Oil prices remained steady on Monday, holding near three-month highs which buoyed the oil-sensitive Canadian Dollar. Optimism over a nearing US-China trade deal buoyed prices, and commenting on this chief...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Improves as Canadian Retail Sales Fall

20 Dec 2019 at 3 PM - Written by John Cameron

GBP/CAD Exchange Rate Rises on US-China Trade Uncertainty The Pound Canadian Dollar (GBP/CAD) exchange rate rose by 0.3% today, with the pairing currently trading around CA$1.713 after Canada’s Retail Sales figure for October fell to a worse-than-expected -1.2%. Statistics Canada said in its statement: ‘The decline was primarily attributable to lower sales at motor vehicle and parts dealers and at building material and...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

GBP to ZAR Exchange Rate Hits 3-Month-Worst amid Brexit Fears and Rand Rally

20 Dec 2019 at 12 PM - Written by Tim Boyer

Despite a lack of notable South African data this week, the South African Rand has seen a generally strong performance due to the global market outlook and this has helped it to easily capitalise against a broadly weak Pound, pushing the British Pound to South African Rand (GBP/ZAR) exchange rate to its worst levels in months. The biggest news of the week was returning hard Brexit fears throttling the Pound, but South African Rand...

CATEGORIES: South African Rand Forecasts

Pound Japanese Yen (GBP/JPY) Exchange Rate Sinks as Bank of Japan Holds its Interest Rates

19 Dec 2019 at 4 PM - Written by John Cameron

GBP/JPY Exchange Rate Sinks on Rising Hopes of US-China Trade Deal The Pound Japanese Yen (GBP/JPY) exchange rate fell by -0.6% today, with the pairing currently trading around ¥142.342 despite the Bank of Japan (BoJ) holding its interest rates at -0.1% while downgrading its forecasts for industrial production. The central bank was generally dovish in its statement: ‘Japan’s economy is likely to continue on a moderate...

CATEGORIES: Japanese Yen Forecasts Pound Yen Forecasts

Pound New Zealand Dollar (GBP/NZD) Exchange Rate at Monthly Low on Signs of BoE Dovishness

19 Dec 2019 at 2 PM - Written by Frank Davies

Dovish BoE Tilt Drags Down Pound Sterling New Zealand Dollar (GBP/NZD) Exchange Rate The Pound Sterling to New Zealand Dollar (GBP/NZD) exchange rate extended its slide in the wake of the Bank of England’s (BoE) December interest rate announcement, hitting a fresh monthly low. While the BoE left interest rates on hold once again the overall tone of the meeting appeared to take a dovish tilt, leaving the Pound under...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to AUD Exchange Rate Troughs Ahead of Key Australian Job Market Report

18 Dec 2019 at 3 PM - Written by Minesh Chaudhari

As the Pound continues to shed its recent gains amid reignited hard Brexit fears, the British Pound to Australian Dollar (GBP/AUD) exchange rate has shed last week’s weekly gains. The Australian Dollar has seen more mixed movement, steadying as markets highly anticipate key Australian job market data due for publication tomorrow. Meanwhile, Pound investors are highly anticipating potential Brexit and Bank of England (BoE)...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Slumps on Hard Brexit Fears

18 Dec 2019 at 1 PM - Written by John Cameron

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Falls on Increased Brexit Pessimism Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Falls on Increased Brexit Pessimism The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate slumped on Wednesday morning, thanks to an increase in Brexit pessimism. The pairing was left trading at around CA$1.7205. Sterling remained under pressure today, as markets feared the...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Sinks as Boris Johnson Seeks to Cap Brexit Transition Period

17 Dec 2019 at 5 PM - Written by John Cameron

GBP/USD Exchange Rate Falls, No-Deal Brexit Fears Return The Pound US Dollar (GBP/USD) exchange rate fell by -0.8% today, with the pairing currently trading around $1.316 following news that Prime Minister Boris Johnson would attempt to put into law a prohibition to any extension to the Brexit transition period beyond December 2020. Sterling plummeted as markets reacted negatively to the possibility of further Brexit...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

EUR to GBP Exchange Rate Recovers Last Week’s Losses as Hard Brexit Fears Return

17 Dec 2019 at 3 PM - Written by Toni Johnson

A lack of fresh support in Eurozone data has done little to stop the Euro from being one of the market’s most appealing major currencies today, as the Euro to British Pound (EUR/GBP) exchange rate soared over 1.0% in reaction to the latest shock in the Brexit process. UK Prime Minister Boris Johnson has indicated that he is unwilling to extend the post-Brexit transition period, even if it means facing a hard...

CATEGORIES:

Pound South African Rand (GBP/ZAR) Exchange Rate Slumps as UK Data Lacks ‘Festive Cheer’

16 Dec 2019 at 4 PM - Written by John Cameron

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Slips as Investors Fear BoE Cut The Pound Sterling South African Rand (GBP/ZAR) exchange rate slumped, leaving the pairing trading at around R19.2154. Sterling edged higher against a handful of currencies on Monday, boosted by last week’s general election results. Following the Conservative Party win, securing a majority of 80, Pound sentiment increased....

CATEGORIES: Pound Rand Forecasts