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Latest Currency News Continued - page 8

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 US Dollar (GBP/USD) Exchange Rate Under Pressure as Conservative Leadership Race Intensifies

13 Jun 2019 at 1 PM - Written by Frank Davies

Pound Sterling US Dollar (GBP/USD) Exchange Rate Falters in Spite of Falling US Inflation The weaker-than-expected nature of May’s US consumer price index data failed to prevent the Pound Sterling to US Dollar (GBP/USD) exchange rate from trending lower. Although the inflation rate’s miss raises the odds of the Federal Reserve cutting interest rates in the near future this was not enough to drag the US Dollar down for...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling New Zealand Dollar (GBP/NZD) Exchange Rate Flat After Suspected Oil Tanker Attacks in Gulf of Oman

13 Jun 2019 at 1 PM - Written by John Cameron

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Flat as Investors Flock to Safe-Haven Currencies The Pound Sterling New Zealand Dollar (GBP/NZD) exchange rate remained muted and the pairing is currently trading at an inter-bank rate of NZ$1.9312. On Thursday, suspected attacks on two oil tankers in the Gulf of Oman caused investors to jump into safe-haven currencies. The cause remains unclear but the incident comes just...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Rises as US-China Trade War Weighs on ‘Loonie’

12 Jun 2019 at 4 PM - Written by John Cameron

GBP/CAD Exchange Rate Rises as Oil Prices Slip The Pound Canadian Dollar (GBP/CAD) exchange rate edged higher today and is currently trading around CA$1.6929 on the interbank market. The Canadian Dollar (CAD) fell against the Pound (GBP) as the global trade war is weighing heavily on the trade-reliant Canadian economy, leaving many investors remaining cautious as the US-China relationship continues to sour. Oil prices also...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

Euro US Dollar (EUR/USD) Exchange Rate Muted as May’s US Inflation Disappoints

12 Jun 2019 at 3 PM - Written by John Cameron

Euro US Dollar (EUR/USD) Exchange Rate Flat as US CPI Barely Rises The Euro US Dollar (EUR/USD) exchange rate remained flat and the pairing is currently trading at an inter-bank rate of $1.1317. The US Labour Department said on Wednesday that its Consumer Price Index (CPI) barely rose in May. CPI excluding food and energy edged up by 0.1% between April and May, and year-on-year inflation rose by a lower-than-forecast...

CATEGORIES: American Dollar Forecasts Euro Forecasts

GBP to USD Exchange Rate Recovers from Monday Slump as Fed Rate Cut Bets Persist

12 Jun 2019 at 12 PM - Written by Minesh Chaudhari

Despite broad uncertainties about the Brexit process and how it will influence the outlook for UK politics and the economy, the British Pound to US Dollar (GBP/USD) exchange rate has recovered from this week’s lows as the US Dollar remains comparatively less appealing than the Pound this week. Rising Federal Reserve interest rate cut bets keep USD weak. After last week’s solid climb of a cent from 1.2633 to 1.2738,...

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Pound New Zealand Dollar (GBP/NZD) Exchange Rate Rises as ‘Kiwi’ Hit by US-China Trade Tensions

11 Jun 2019 at 4 PM - Written by John Cameron

GBP/NZD Exchange Rate Edges Higher as US-China Trade War a ‘Zero-Sum Game’ The Pound New Zealand (GBP/NZD) exchange rate rose by 0.6% today and is currently trading around NZ$1.9314 on the interbank market. The New Zealand Dollar (NZD) fell against the Pound (GBP) as the risk-averse ‘Kiwi’ was hit by news that US-China trade talks have once again flared up, with the US being accused of demanding ‘hundreds’ of...

CATEGORIES: New Zealand Dollar Forecasts Pound New Zealand Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Recovers Ground on Solid UK Labour Market Data

11 Jun 2019 at 3 PM - Written by Frank Davies

Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate Strengths as UK Unemployment Maintains 44-Year Low A steady showing from April’s UK unemployment rate helped the Pound Sterling to Australian Dollar (GBP/AUD) exchange rate recover further ground on Tuesday. As unemployment remained at a 44-year low of 3.8% this gave investors fresh cause for confidence in the UK economy, in spite of lingering concerns over...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Slips as UK Job Creation Slows

11 Jun 2019 at 3 PM - Written by John Cameron

Pound South African Rand (GBP/ZAR) Exchange Rate Falls despite Record High UK Employment The Pound Sterling South African Rand (GBP/ZAR) exchange rate slipped and the pairing is currently trading at an inter-bank rate of R18.7259. The UK unemployment rate remained steady at 3.8% in the three months to April. The Office for National Statistics (ONS) stated that unemployment has not been lower since the final quarter of...

CATEGORIES: Pound Rand Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Steadies as Australian Banks Close for the Queen’s Birthday

10 Jun 2019 at 5 PM - Written by John Cameron

GBP/AUD Exchange Rate Flat as US-China Trade Talks in Focus The Pound Australian Dollar (GBP/AUD) exchange rate is steady today and is currently trading around AU$1.8211 on the interbank market. The Australian Dollar (AUD) held steady against the Pound (GBP) as economic news has been in short supply, with Australian markets closed for the day in celebration of the Queen’s Birthday. Nevertheless, US-China trade tensions...

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

GBP to NZD Exchange Rate Fails to Sustain Notable Recovery as UK Growth Disappoints

10 Jun 2019 at 4 PM - Written by Toni Johnson

Despite the New Zealand Dollar seeing a notable selloff yesterday as the US Dollar (USD) rebounded, the British Pound to New Zealand Dollar (GBP/NZD) exchange rate’s gains were limited as the Pound was weighed by signs that Britain’s economy was performing even weaker amid Brexit uncertainty than analysts expected. It follows last week’s tumble for GBP/NZD. After opening last week at the level of 1.9328, GBP/NZD spent...

CATEGORIES: Pound New Zealand Dollar Forecasts