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Latest Currency News Continued - page 6

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 CAD Exchange Rate Struggles to Hold Best as US-China ‘Phase One’ Deal Boosts Trade

16 Dec 2019 at 1 PM - Written by Ben Hughes

Last week’s UK General Election led to a surge in demand for the Pound, but the British Pound to Canadian Dollar (GBP/CAD) exchange rate was unable to hold its best levels as UK Brexit uncertainties returned and Britain’s economic outlook remained mixed. The Canadian Dollar, despite weakness in recent Canadian ecostats, has been performing strongly on US-China trade developments and an optimistic Bank of Canada (BoC). After...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Sinks After Last Night’s Post-Referendum Gains

13 Dec 2019 at 3 PM - Written by John Cameron

GBP/AUD Exchange Rate Eases as Markets Await Conservative’s Next Moves The Pound Australian Dollar (GBP/AUD) exchange rate eased by -0.4% today following last night’s surge after it was announced that the Conservatives had successfully secured a landslide majority in the general election. Guy Foster, Head of Research at Brewin Dolphin, was cautious, however, saying: [T]he potential for a smooth Brexit removes some of...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

Pound to Dollar Exchange Rate: GBP/USD Slips Back from Year and a Half Best as Brexit Speculation Returns

13 Dec 2019 at 12 PM - Written by John Cameron

Following a sharp surge in reaction to UK General Election news last night, investors sold the British Pound to US Dollar (GBP/USD) exchange rate back from its best levels today as markets looked ahead to what was next for the Brexit process and Britain’s economy. Meanwhile, the US Dollar was easily able to push the pair back down from its highs, but the latest US-China trade speculation led to mixed demand for the US...

CATEGORIES: Pound Dollar Forecasts

GBP to NZD Exchange Rate Gives Up Weekly Gains amid Election Jitters and Federal Reserve News

12 Dec 2019 at 3 PM - Written by Frank Davies

Concerns that the US-China trade war could continue for an extended period of time are not doing much to weaken the trade-correlated New Zealand Dollar this week, as the British Pound to New Zealand Dollar (GBP/NZD) exchange rate tumbles today on a combination of UK election uncertainties and a weaker US Dollar. The New Zealand Dollar has been supported lately by strong New Zealand data and central bank speculation. After...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Falls on Election Jitters

12 Dec 2019 at 12 PM - Written by John Cameron

Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate Slumps as GBP Volatility Jumps The Pound Sterling Australian Dollar (GBP/AUD) exchange rate slumped on Thursday, as UK voters headed to the polls. The pairing is currently trading at around AU$1.9095. British voters headed to the polls on Thursday, for an election that could either see Prime Minister Boris Johnson take the UK out of the European Union by the end of...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Steady, Canadian Industrial Capacity Falls in Third Quarter

11 Dec 2019 at 5 PM - Written by John Cameron

GBP/CAD Exchange Rate, Canadian Dollar Investors Brace for US Fed Rate Decision The Pound Canadian Dollar (GBP/CAD) exchange rate held steady today, with the pairing currently trading around CA$1.740 after this afternoon’s release of Canada’s Industrial Capacity figure for the third-quarter fell below expectations at 81.7%. The result was weaker-than-expected but as not ‘shocking’ after the economy slowed in the third...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Euro Pound (EUR/GBP) Exchange Rate Falls Ahead of Election Day

11 Dec 2019 at 3 PM - Written by John Cameron

Euro Pound Sterling (EUR/GBP) Exchange Rate Slides on Brexit Optimism The Euro Pound Sterling (EUR/GBP) exchange rate slumped this afternoon, leaving the pairing trading at around £0.8416. The Pound edged higher against the Euro on Wednesday, with just a day until the general election. Sterling sentiment took a hit after the closely-watched YouGov poll revealed the Prime Minister was likely to win a majority of 28,...

CATEGORIES: Euro Pound Forecasts

Pound New Zealand Dollar Exchange Rate Improves, US-China Trade Uncertainty Drags on ‘Kiwi’

10 Dec 2019 at 5 PM - Written by John Cameron

GBP/NZD Exchange Rate Edges Highers as US’ December Tariffs Haunt NZ Markets The Pound New Zealand Dollar (GBP/NZD) exchange rate rose by 0.3% today, with the pairing currently trading around NZ$2.013 as US-China trade uncertainties continue to drag on the risk-sensitive ‘Kiwi’. This follows reports of key negotiators planning a delay for the 15th December tariffs on Chinese exports, a move which could jeopardise...

CATEGORIES: New Zealand Dollar Forecasts Pound New Zealand Dollar Forecasts

GBP to USD Exchange Rate Tests Fresh 8-Month-Best despite Concerns on UK Economic Outlook

10 Dec 2019 at 3 PM - Written by Frank Davies

Concerns about the US economic outlook, combined with US-China trade war fears and UK General Election hopes, are making it easier for the British Pound to US Dollar (GBP/USD) exchange rate to hold its best levels this week. The Pound outlook is sensitive though, and could see significant shifts depending on how Thursday’s election unfolds. Meanwhile, US Dollar investors are eagerly awaiting Federal Reserve news due in the...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Edges Higher as Tories Lead Opinion Polls

9 Dec 2019 at 5 PM - Written by John Cameron

GBP/AUD Exchange Rate Improves as Polls Indicate Tory Majority The Pound Australian Dollar (GBP/AUD) exchange rate rose today, with the pairing currently trading around AU$1.924 following the Survation’s opinion polls’ suggestion of a Conservative victory on the 12th December general election. The poll showed that the Tories were ahead of the Labour Party in a 14-percentage point lead, ensuring a high probability that the...

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