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Latest Currency News Continued - page 5

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Latest Currency News Headlines

Pound Euro (GBP/EUR) Exchange Rate Falls as Irish Backstop Talks Fail to Breakthrough

6 Mar 2019 at 2 PM - Written by John Cameron

GBP/EUR Exchange Rate Down as EU-UK Backstop Talks Lack Consensus The Pound Euro (GBP/EUR) exchange rate is down today and is currently trading around €1.1634 on the inter-bank market. Sterling (GBP) fell against the Euro (EUR) today following news that fresh Irish backstop talks between the UK and the EU, with the EU’s Brexit Secretary, Michel Barnier, and the UK’s Attorney General, Geoffrey Cox, ending discussions...

CATEGORIES: Currency Predictions Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate Slips as ?Lifeblood? of UK Services Sector ?Leaks Away?

5 Mar 2019 at 5 PM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Slips as Employment in UK Services Falls The Pound Australian Dollar (GBP/AUD) exchange rate slipped this afternoon, and the pairing is currently trading at an inter-bank rate of AU$1.8539. The Pound was weighed down by February’s Markit services PMI, which showed that employment within the sector fell at its fastest pace since November 2011. The PMI registered 51.3 in...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to JPY Exchange Rate Slides on Fresh Brexit Jitters and Safe Haven Demand

5 Mar 2019 at 4 PM - Written by Ben Hughes

A brief rise in Pound demand on soft Brexit hopes yesterday was short-lived, as the British Pound to Japanese Yen (GBP/JPY) exchange rate tumbled today in reaction to the latest Brexit uncertainties, as well as stronger market demand for safe haven currencies. Investors are now anticipating further Brexit news, as well as Japanese data due later in the week. It’s been a busy week for GBP/JPY, as after opening last week at the...

CATEGORIES: Pound Yen Forecasts

Euro Pound (EUR/GBP) Exchange Rate Edges Higher as Hopes over May?s Brexit Deal Fade

5 Mar 2019 at 4 PM - Written by John Cameron

EUR/GBP Exchange Rate Rises as Labour MPs Unwilling to Back May’s Deal The Euro Pound (GBP/EUR) exchange rate edged higher today and is currently trading around £0.8629. Sterling (GBP) fell against the Euro (EUR) following comments from Labour’s Shadow Chancellor, John McDonnell, in which he indicated that few Labour MPs would be willing to back Prime Minister Theresa May’s Brexit deal on 12 March. This has caused...

CATEGORIES: Daily Currency Updates Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Slips as UK Construction PMI Slides into Contraction

4 Mar 2019 at 4 PM - Written by John Cameron

Pound Canadian Dollar (GBP/CAD) Exchange Rate Slides as UK Construction Declines at Fastest Rate in 11 Months The Pound Canadian Dollar (GBP/CAD) exchange rate slipped this afternoon, as Sterling was weighed down by worse-than-forecast cConstruction PMI data. The pairing is currently trading at an inter-bank rate of CA$1.7579. This morning, Sterling fellslipped following the release of the Markit Construction PMI,...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Euro (GBP/EUR) Exchange Rate Shakes Off UK Construction Sector Slowdown

4 Mar 2019 at 4 PM - Written by Frank Davies

Disappointing UK Construction PMI Fails to Dent Pound Sterling Euro (GBP/EUR) Exchange Rate A weaker-than-expected UK construction PMI failed to prevent the Pound Sterling to Euro (GBP/EUR) exchange rate returning to a positive footing on Monday. As the PMI dipped from 50.6 to 49.5 in February this saw the sector fall into a state of contraction, raising fresh worries over the outlook of the UK economy. Uncertainty over...

CATEGORIES: Pound Euro Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Stalls as UK Construction Sector Contracts

4 Mar 2019 at 12 PM - Written by John Cameron

Pound (GBP) Exchange Rates Flat as UK Construction Sector Contracts The Pound US Dollar (GBP/USD) exchange rate initially got off to a strong start this week, with the pairing surging on the back of rising Brexit optimism and expectations that Brexit will be delayed. However Sterling was forced to give up these gains following the release of the UK’s latest construction PMI. According to data published by IHS Markit,...

CATEGORIES: Pound Dollar Forecasts

British Pound to Yen Exchange Rate Falls despite UK Manufacturing Slipping to a Four-Month Low

1 Mar 2019 at 5 PM - Written by John Cameron

Pound Japanese Yen (GBP/JPY) Exchange Rate Rises despite UK Manufacturing Job Losses at Six-Year High The Pound Yen (GBP/JPY) exchange rate concluded the week at ¥147.76230, some 3% higher since the previous week's open. Analysts at Scotiabank commented on the Japanese Yen's recent decline in strength. "JPY weak falling to fresh 2019 lows vs. both USD and EUR; BoJ remains dovish." The Pound to Yen exchange rate rose...

CATEGORIES: Pound Yen Forecasts

Pound to Euro Exchange Rate Backs Off Recent Best Levels as UK Manufacturing Sector Slows

1 Mar 2019 at 12 PM - Written by Frank Davies

Foreign exchange markets saw the Pound Sterling back off recent best exchange rate levels on Friday, with 1 GBP/EUR concluding the week valued at €1.16201. "The Pound Sterling (GBP) continued to drift lower against the Euro (EUR/€) and US Dollar (USD/$) through Friday’s session but remained set to see out the week 1%+ up against all major peers following the early-week rally." said analysts at Exchange Rates UK. Pound...

CATEGORIES: Pound Euro Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Drops as Australian Manufacturing Improves

1 Mar 2019 at 11 AM - Written by John Cameron

GBP/AUD Exchange Rate Falls as Australian Manufacturing Improves Fastest in 5 Months The Pound Australian Dollar (GBP/AUD) exchange rate is down today and is currently trading around AU$1.8644 on the inter-bank market. The Australian Dollar (AUD) gained on the Pound (GBP) today after Australia’s manufacturing improved at its fasted pace in 5 months in February, following last night’s release of the AiG performance of...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates Pound Australian Dollar Forecasts