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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 Climbs on UK Inflation as US-China Reprieve Wears Off

14 Aug 2019 at 1 PM - Written by Toni Johnson

Despite no-deal Brexit fears still weighing heavily on the Pound outlook, the British Pound to Canadian Dollar (GBP/CAD) exchange rate is climbing again today. The Pound’s appeal has been bolstered by an unexpected rise in UK inflation and Bank of England speculation, making it easier for the British currency to gain against a trade-war pressured Canadian Dollar. While the Canadian Dollar is weakening though, GBP/CAD has been...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to ZAR Exchange Rate Plunges as Markets React to Sudden US Trade Tariff Delay

13 Aug 2019 at 5 PM - Written by Ben Hughes

Could the South African Rand’s downward trend have come to an end for now? The British Pound to South African Rand (GBP/ZAR) exchange rate plunged on Tuesday afternoon as investors reacted to surprise optimistic developments in the US-China trade war. The Pound was unable to benefit from the morning’s UK job data, making it easier for the trade-correlated South African Rand to surge. Despite the Pound’s own weakness on...

CATEGORIES: Pound Rand Forecasts

GBP to ZAR Exchange Rate Near Two Month Best as South African Politics Weigh

12 Aug 2019 at 5 PM - Written by James Fuller

Despite deepening concerns of a possible no-deal Brexit, as well as continued speculation that Britain’s economy could see a recession in the coming months, the British Pound to South African Rand (GBP/ZAR) exchange rate has surged today. The pair continues to climb on broad South African Rand weakness, as the Rand is throttled by South African political uncertainties and economic concerns. The Pound’s own broad weakness in...

CATEGORIES: Pound Rand Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rises as US Recession Fears Increase

12 Aug 2019 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Edges Higher as Recession Fears Haunt US Markets The Pound US Dollar (GPB/USD) exchange rate edged higher today, leaving the pairing trading around $1.209 as US economic recession fears rise as US-China trade tensions mount. The US Dollar (USD) eased against the Pound (GBP) as tensions between the US and China are expected to drag on, potentially weakening the US economy in the near-term. Economists...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts Pound Sterling Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Falls on Patient RBA Monetary Stance

9 Aug 2019 at 1 PM - Written by John Cameron

GBP/AUD Exchange Rate Sinks on Patient RBA Statement The Pound Australian Dollar (GBP/AUD) exchange rate fell today, leaving the pairing trading around AU$1.776 despite comments from the Reserve Bank of Australia (RBA) Governor Philip Lowe this morning, who said that it was ‘possible’ that interest rates could fall to 0%. Dr Lowe commented: ‘Globally, if all central banks go to zero, then we'd have to consider that as...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

GBP to JPY Exchange Rate Hits New Post-2016 Worst Following Latest Japanese Growth Report

9 Aug 2019 at 12 PM - Written by Toni Johnson

A combination of factors in both economic and geopolitical news has put enough pressure on the British Pound to Japanese Yen (GBP/JPY) exchange rate today, pushing the pair down to its worst levels since 2016. With even more key UK data due in the coming week, the pair may be in for even steeper losses unless political developments shift in the Pound’s favour. After opening this week at the level of 129.61, GBP/JPY spent most...

CATEGORIES: Pound Yen Forecasts

GBP to NZD Exchange Rate Falls Back from Best Levels as Risk-Sentiment Calms

8 Aug 2019 at 5 PM - Written by Frank Davies

Despite the Reserve Bank of New Zealand’s (RBNZ) shockingly deep interest rate cut yesterday, the British Pound to New Zealand Dollar (GBP/NZD) exchange rate has given up a good chunk of its weekly gains. Investors continue to sell the Pound on deepening uncertainties in Brexit and UK politics, while the New Zealand Dollar has rebounded after global trade jitters cooled from days of risk-off movement. Since opening this week...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Improves as South African Manufacturing Production Falls in June

8 Aug 2019 at 3 PM - Written by John Cameron

GBP/ZAR Exchange Rate Edges Higher on South African Economic Woes The Pound South African Rand (GBP/ZAR) exchange rate rose today, leaving the pairing fluctuating around R18.227. The South African Rand (ZAR) fell following yesterday’s publication of the year-on-year South African Manufacturing Production Index for June, which fell below the expected 1.8% increase to -3.2%. Meanwhile, South Africa’s public electricity...

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Steady, But Could Sterling Sink on Increasing No-Deal Brexit Fears?

7 Aug 2019 at 5 PM - Written by John Cameron

GBP/AUD Exchange Rate Rangebound as Australian Home Loans Figures Fall in June The Pound Australian Dollar (GBP/AUD) exchange rate steadied today, leaving the pairing trading around AU$1.799. The Australian Dollar (AUD) held steady against the Pound (GBP) following today’s release of the Australian Home Loans figures for June, which fell below forecasts from -0.3% to -0.9%. Australian investment lending for homes in June,...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

GBP to NZD Exchange Rate Surges to Monthly Best on Reserve Bank of New Zealand’s Shocking Rate Cut

7 Aug 2019 at 1 PM - Written by David Woodsmith

Due to global trade tensions and central bank speculation, the British Pound to New Zealand Dollar (GBP/NZD) exchange rate has seen stronger movement since its recovery last week. Overnight, a shockingly deep interest rate cut from the Reserve Bank of New Zealand (RBNZ) caused the New Zealand Dollar to plummet, making further recovery for the pair much easier. Last week saw mixed movement in GBP/NZD, as the pair opened the week...

CATEGORIES: Pound New Zealand Dollar Forecasts