Currency News

Daily Exchange Rate Forecasts & Currency News

Latest Currency News Continued - page 7

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

Euro Pound Sterling (EUR/GBP) Exchange Rate Slips as Italy Challenges EU Budget Rules

19 Jun 2019 at 3 PM - Written by John Cameron

Euro Pound (EUR/GBP) Exchange Rate Falls as EU and Italy Clash The Euro Pound Sterling (EUR/GBP) exchange rate edged lower and the pairing is currently trading at an inter-bank rate of £0.8892. On Wednesday reports suggested that the Italian government will try to change the European Union’s fiscal rules. Italy will try to allow more room for investments by reducing the role of ‘structural’ budget deficits. The...

CATEGORIES: Euro Pound Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Rises as SARB Rate Cut Fears Increase

19 Jun 2019 at 3 PM - Written by John Cameron

GBP/ZAR Exchange Rate Increases as SA Inflation Holds in SARB’s Target Range The Pound South African Rand (GBP/ZAR) exchange rate rose today and is currently trading around R18.2959 on the interbank market. The South African Rand (ZAR) sank against Sterling despite better-than-expected annual SA Consumer Price Index (CPI) figures for May, which rose above the consensus 4.4% to 4.5%. Monthly CPI figures for May also rose...

CATEGORIES: Pound Rand Forecasts South African Rand Forecasts

GBP to AUD Exchange Rate Recovers from Tuesday Slump ahead of Federal Reserve Decision

19 Jun 2019 at 1 PM - Written by Ben Hughes

Due to persisting market concerns that the Federal Reserve may not be as dovish as expected, investors were hesitant to keep buying the trade-correlated Australian Dollar and the British Pound to Australian Dollar (GBP/AUD) exchange rate rebounded from its weekly lows today. This was despite a lack of notable support for the Pound. Despite the Australian Dollar’s recent weakness, GBP/AUD has trended with a downside bias this...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to ZAR Exchange Rate Slumps to Worst June Levels on Monetary Policy Divergence Speculation

18 Jun 2019 at 4 PM - Written by John Cameron

Despite South Africa’s recent political uncertainties and growth fears, the British Pound to South African Rand (GBP/ZAR) exchange rate plummeted today. Signs that major Central Banks were planning interest rate cuts while the South African Reserve Bank (SARB) would likely not cut rates much made it easier for the South African Rand to capitalise on the Pound’s latest Brexit-inspired weakness. Recovering from its recent...

CATEGORIES: Pound Rand Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Falls despite Poor Australian House Price Figures

18 Jun 2019 at 4 PM - Written by John Cameron

GBP/AUD Exchange Rate Sinks despite Dovish RBA Stance The Pound Australian Dollar (GBP/AUD) exchange rate is down today and is currently trading around AU$1.824 on the interbank market. The Australian Dollar (AUD) rose against the Pound (GBP) despite the disappointing Australian House Price Index figures for the first quarter, which fell below the forecast 1.6% to -3.0%. Bruce Hockman, a Chief Economist at Australian...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

EUR to USD Exchange Rate Recovers from Weekend Lows on Poor US Manufacturing Data

17 Jun 2019 at 4 PM - Written by Tim Boyer

Investors bought the Euro to US Dollar (EUR/USD) exchange rate back up from the lows it saw over the weekend today, as markets reacted to some disappointing US data. The pair’s potential for gains was limited though, amid Eurozone inflation concerns and anticipation for upcoming Federal Reserve news. Eurozone economic concerns and some strong US data saw EUR/USD tumble from 1.1340 to around 1.1230 last week, and the pair...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Flat as Global Economic Slowdown Fears Cause Oil Prices to Slip

17 Jun 2019 at 12 PM - Written by John Cameron

Pound Canadian Dollar (GBP/CAD) Exchange Rate Muted as Tensions in the Middle East Increase The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate remained flat and the pairing is currently trading at an inter-bank rate of CA$1.6877. On Monday, oil prices fell as international trade tensions overshadowed last week’s attacks on oil tankers in the Gulf of Oman. Last week saw oil prices sent higher as supply fears...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Sinks as Canadian Economy Benefits from Rising Oil Prices

14 Jun 2019 at 2 PM - Written by John Cameron

GBP/CAD Exchange Rate Falls despite Easing Canadian Vehicle Sales The Pound Canadian Dollar (GBP/CAD) exchange rate is down today and is currently trading around CA$1.686 on the interbank market. The Canadian Dollar (CAD) edged higher against the Pound (GBP) as oil prices increase following the attack on a Japanese oil tanker in the Gulf of Oman, with the volatile political climate in the Middle East benefiting the Canadian...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts Pound Sterling Forecasts

EUR to USD Exchange Rate Continues to Slide despite Fed Interest Rate Cut Bets

14 Jun 2019 at 1 PM - Written by David Woodsmith

While concerns persist about the worsening US economic outlook and rising Federal Reserve interest rate cut bets, the Euro to US Dollar (EUR/USD) exchange rate has fallen this week. Investors are too concerned about the possibility of a more dovish European Central Bank (ECB) to buy the Euro versus the safe haven US Dollar. After a stronger performance towards the end of May and the beginning of June on rising Federal Reserve...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Rises as Australian Unemployment Increases

13 Jun 2019 at 3 PM - Written by John Cameron

GBP/AUD Exchange Rate Edges Higher as US-China Trade Tensions Weigh on ‘Aussie’ The Pound Australian Dollar (GBP/AUD) exchange rate rose today and is currently trading around AU$1.835 on the interbank market. The Australian Dollar (AUD) fell against the Pound (GBP) following the publication of the Australian unemployment rate figures for May, which increased above forecast at 5.2%. Belinda Allen, an Economist at the...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts