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

Pound to Australian Dollar (GBP/AUD) Exchange Rate Dips Despite Rising US-China Trade Tensions

29 May 2020 at 2 PM - Written by John Cameron

GBP/AUD Exchange Rate Falls as Markets Await Trump’s Announcement on China The Pound to Australian Dollar (GBP/AUD) exchange rate fell by 0.2% today, with the pairing currently trading around AU$1.85. The Australian Dollar (AUD) has had some of its gains clipped by rising tensions between the US and China. This follows US President Donald Trump’s announcement that he would be holding a press conference over Beijing’s...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Rises as Investor Focus Shifts Back to Hong Kong’s New Security Law

28 May 2020 at 3 PM - Written by John Cameron

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Jumps as Beijing Imposes Security Law on Hong Kong The Pound Sterling South African Rand (GBP/ZAR) exchange rate rose by around 0.7% higher, leaving the pairing trading at around R21.4214. The risk-sensitive Rand edged lower against a weaker Pound on Thursday as global risk appetite declined as investors focused on deteriorating relations between the US and China....

CATEGORIES: Pound Rand Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Rebounds as US Oil Stockpiles Deliver Shock Rise

28 May 2020 at 3 PM - Written by Frank Davies

Rising US Oil Inventories Encourage Pound Canadian Dollar (GBP/CAD) Exchange Rate Recovery A surprise surge in US crude oil inventory stockpiles offered a solid boost to the Pound Sterling to Canadian Dollar (GBP/CAD) exchange rate as oil prices dipped. Support for the commodity-correlated Canadian Dollar weakened as oil markets came under renewed pressure amid fears of a fresh oversupply glut. While forecasts had pointed...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Slumps on BoE Negative Rate Speculation

27 May 2020 at 5 PM - Written by John Cameron

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Falls as Markets Expect BoE to Take Rates Below Zero The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate slumped by around -0.8% on Wednesday afternoon, this left the pairing trading at around CA$1.6868. The Pound slumped today as investors began to fret over the possibility of the Bank of England (BoE) sending interest rates into negative territory. The focus...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound to US Dollar (GBP/USD) Exchange Rate Falls as Divisions Within the Conservative Party Grow

27 May 2020 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Sinks on Brexit and Tory Party Disunity The Pound to US Dollar (GBP/USD) exchange rate fell by -0.5% today, with the pairing currently trading around $1.22. Sterling has suffered from increasingly disunity within the Conservative Party today as Prime Minister Boris Johnson’s standing is being eroded by the controversy over Dominic Cumming’s flouting of lockdown restrictions. About 40 Conservative...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

Improved Market Sentiment Buoys the Euro US Dollar (EUR/USD) Exchange Rate

26 May 2020 at 5 PM - Written by John Cameron

Euro US Dollar (EUR/USD) Exchange Rate Jumps on Market Optimism for Coronavirus Recovery The Euro US Dollar (EUR/USD) exchange rate rallied on Tuesday by around 0.7%, leaving the pairing trading at around $1.0977. The single currency was able to make significant gains against a weaker US Dollar today as optimism about a global recovery from the coronavirus crisis offered riskier assets support. However, gains were...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Pound to Australian Dollar (GBP/AUD) Exchange Rate Dips as Risk-On Markets Buoy ‘Aussie’

26 May 2020 at 5 PM - Written by John Cameron

GBP/AUD Exchange Rate Falls as Risk Sentiment Improves on Covid-19 Vaccine Hopes The Pound to Australian Dollar (GBP/AUD) exchange rate fell by -0.3% today, with the pairing currently fluctuating around AU$1.85. The Australian Dollar (AUD) has benefited from risk-on markets today as hopes for a coronavirus vaccine have risen after the American biotech company Novavax revealed that it had started the first human study of an...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts

Pound to US Dollar (GBP/USD) Exchange Rate Falls as Safe-Haven Demand Increases

22 May 2020 at 3 PM - Written by John Cameron

GBP/USD Exchange Rate Sinks as US-China Trade Tensions Boost ‘Greenback’ Safe-Haven The Pound to US Dollar (GBP/USD) exchange rate fell by -0.3% today, with the pairing currently trading around $1.217. The US Dollar (USD) has continued to benefit from increasing demand for safe-haven currencies today on a fresh source of tension between the United States and China. Neil Jones, the head of sales at Mizuho Bank,...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts

US-Sino Tensions Leaves the Pound New Zealand Dollar (GBP/NZD) Exchange Rate Flat

22 May 2020 at 12 PM - Written by John Cameron

Pound Sterling New Zealand Dollar (GBP/NZD) Exchange Rate Muted as US-China Tensions Dominate Markets The Pound Sterling New Zealand Dollar (GBP/NZD) exchange rate remained flat on Friday, leaving the pairing trading at around NZ$1.9929. The risk-sensitive New Zealand Dollar remained under pressure today after US-Sino tensions boosted demand for safe-haven currencies. Tensions increased after President Donald Trump said...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound to New Zealand Dollar (GBP/NZD) Exchange Rate Steady as UK Covid-19 Cases Show Signs of Stabilising

21 May 2020 at 4 PM - Written by John Cameron

GBP/NZD Exchange Rate Rangebound Despite Weak UK PMI Data The Pound to New Zealand Dollar (GBP/NZD) exchange rate held steady today, with the pairing currently trading around NZ$1.99. Sterling benefited from news that the UK’s number of coronavirus cases had remained stable, according to the Office for National Statistics (ONS). The ONS said in its report that the snapshot findings of 137,000 cases between 4-17 May was...

CATEGORIES: New Zealand Dollar Forecasts Pound New Zealand Dollar Forecasts