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Latest Currency News Continued - page 7

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Latest Currency News Headlines

Pound Australian Dollar (GBP/AUD) Exchange Rate Soars by 1.4% as EU Give Green Light on UK-EU Brexit Deal Talks

11 Oct 2019 at 5 PM - Written by John Cameron

GBP/AUD Exchange Rate Skyrockets on Restored Brexit Deal Hopes The Pound Australian Dollar (GBP/AUD) exchange rate soared by 1.4% today, with the pairing currently trading around AU$1.863 after the EU27 gave the green light for UK-EU Brexit negotiations to enter the key ‘tunnel’ phase. This follows talks between Michel Barnier, the EU’s Chief Brexit Negotiator, and UK Brexit Secretary Stephen Barclay, which were...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate Soars on ‘Promising Signals’ from Ireland

11 Oct 2019 at 3 PM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Jumps as EU Agree to ‘Intensify’ Brexit Discussions The Pound Sterling Australian Dollar (GBP/AUD) exchange rate soared and the pairing is currently trading at around AU$1.8626. Sterling was buoyed by Brexit optimism as European Council President Donald Tusk said that he had received ‘promising signals’ from Irish Taoiseach Leo Varadkar. This afternoon saw the Pound...

CATEGORIES: Pound Australian Dollar Forecasts

GBP to NZD Exchange Rate Ignores US-China Trade Hopes as it Surges on Brexit Hopes

11 Oct 2019 at 2 PM - Written by Frank Davies

Brexit news and speculation dominated the Pound’s movement once again over the past week, and a rise in hopes for a Brexit deal to be met ultimately sent the British Pound to New Zealand Dollar (GBP/NZD) exchange rate surging at the end of the week. Due to the Pound’s sharp moves on Brexit, the trade-correlated New Zealand Dollar’s own benefit from the latest trade news has not been enough to help it avoid losses. After...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Sinks, Risk-On Sentiment Boosts ‘Kiwi’

10 Oct 2019 at 2 PM - Written by John Cameron

GBP/NZD Exchange Rate Eases, New Zealand Dollar Rises on US-China Trade Deal Hopes The Pound New Zealand Dollar (GBP/NZD) exchange rate eased by -0.4%, with the pairing currently trading around NZ$1.934 after the ‘Kiwi’ benefited from heightened risk-appetite as US-China trade negotiations continue in Washington, US, today. Michael Hirson, an Analyst from the political risk consultancy Eurasia Group, commented: ‘I...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound Sterling Euro (GBP/EUR) Exchange Rate Muted as UK Economy Shrinks in August

10 Oct 2019 at 10 AM - Written by John Cameron

Pound Euro (GBP/EUR) Exchange Rate Left Flat as UK Film and TV Production Buoys GDP Growth The Pound Sterling Euro (GBP/EUR) exchange rate was left muted and the pairing is currently trading at around €1.1101. Sterling was left under pressure as data revealed that the UK economy shrank by -0.1% in August, the first monthly contraction since April. However, the Office for National Statistics (ONS) revealed that in the...

CATEGORIES: Pound Euro Forecasts

Pound Sterling US Dollar (GBP/USD) Exchange Rate Left Flat as No ‘Bold’ Brexit Offer from EU

9 Oct 2019 at 5 PM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Muted as EU Officials Deny Brexit Concession Reports The Pound Sterling US Dollar (GBP/USD) exchange rate was left muted and the pairing is currently trading at around $1.2219. Sterling was left under pressure as reports that the European Union was prepared to offer a major concession during Brexit negotiations were denied by officials. A report from The Times said that the bloc...

CATEGORIES: Pound Dollar Forecasts

GBP to AUD Exchange Rate Near 3-Week-Worst Despite Fresh US-China Trade War Tensions

9 Oct 2019 at 4 PM - Written by James Fuller

Last week’s rise in Brexit hopes and Reserve Bank of Australia (RBA) interest rate cut bets don’t seem to have helped the British Pound to Australian Dollar (GBP/AUD) exchange rate to sustain much of a recovery, and as geopolitical uncertainties worsen again this week the pair is tumbling again. Sterling is being hit hard by yet another round of Brexit uncertainties, while the Australian Dollar has been edging higher despite...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Falls, UK-EU Brexit Talks Succumb to ‘Stupid Blame Game’

8 Oct 2019 at 5 PM - Written by John Cameron

GBP/AUD Exchange Rate Falls as No-Deal Brexit Fears Increase The Pound Australian Dollar (GBP/AUD) exchange rate fell by 0.6% today, with the pairing currently trading around AU$1.813 after UK-EU talks came to the brink of collapse after this morning’s talks between Prime Minister Boris Johnson and German Chancellor Angela Merkel, which European Council President Donald Tusk said had succumbed to Boris’ ‘stupid blame...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

GBP to CHF Exchange Rate Plummets to Monthly Low as Sterling’s Brexit Woes Return

8 Oct 2019 at 5 PM - Written by David Woodsmith

Due to a combination of fresh no-deal Brexit fears and market safe haven demand, the British Pound to Swiss Franc (GBP/CHF) exchange rate slumped today. The Swiss Franc was able to easily capitalise on the Pound’s poor performance, but this was more due to global news and risk-sentiment than any domestic support for the Swiss currency. Today’s GBP/CHF slump has meant the exchange rate has already shed last week’s modest...

CATEGORIES: Pound Swiss Franc Forecasts

Johnson-Merkel Phone Call Leaves Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Flat

8 Oct 2019 at 4 PM - Written by John Cameron

Pound South African Rand (GBP/ZAR) Exchange Rate Muted as Brexit Negotiations Close to Breaking Down The Pound Sterling South African Rand (GBP/ZAR) exchange rate was left muted and the pairing is currently trading at around R18.6303. The Pound was left flat against the Rand following reports that negotiations between the UK and European Union were close to breaking down. A Downing Street source revealed that after a...

CATEGORIES: Pound Rand Forecasts