Currency News

Daily Exchange Rate Forecasts & Currency News

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

Best Pound to Australian Dollar Exchange Rate in One Month as UK Inflation Prompts GBP Investors

12 Sep 2017 at 12 PM - Written by John Cameron

The Pound to Australian Dollar exchange rate is holding the previous day's gains, quoted at 1.65863 (+0.07% on the day) on Wednesday 13th September. GBP/AUD surged Tuesday morning as currency markets sentiment was upbeat following the release of the UK’s latest Consumer Price Index (CPI). Pound Sterling (GBP) Climbs as Inflation Beats Expectations Sterling sentiment skyrocketed this morning as the UK released better...

CATEGORIES: Australian Dollar Forecasts Daily Currency Updates Pound A Forecasts

GBP EUR Daily Update: Sterling Exceeds 1-Month Pairing High on Inflation Figures

12 Sep 2017 at 12 PM - Written by Toni Johnson

Yesterday, the Pound gradually appreciated against the Euro from an opening exchange rate of 1.0977 to a close in the region of 1.1013. Rising UK Inflation Pushes Up GBP/EUR Exchange Rate As mentioned above, a significant rise in UK inflation has led to the Pound climbing against the Euro. The advance has been notable, consisting of an annual increase from 2.6% to 2.9% in August. Traders have been mixed on interpreting...

CATEGORIES: Euro Pound Forecasts

Near-Term Pound to NZ Dollar Forecast: The GBP-NZD Could Find Itself Continuing to Climb

11 Sep 2017 at 5 PM - Written by Tim Boyer

The Pound to New Zealand Dollar exchange rate is struggling to maintain the daily opening levels today, quoted at £1 = NZD$1.81223 (-0.18pct) ahead of the European open. GBP/NZD began the trading week fluctuating in the build up to tonight’s EU repeal bill vote. British parliament will vote tonight on the EU Withdrawal Bill (also known as the ‘Great Repeal Bill’), a proposal that is meant to convert EU laws into UK...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts

The Euro to Dollar Rate Drops Below 1.20 Handle as Fresh Signs of ECB Dovishness Weigh Heavily on EUR

11 Sep 2017 at 1 PM - Written by Frank Davies

The euro to dollar exchange rate has fallen below the 1.20 handle during the European session, quoted at 1.19955 on Monday, September 11. As the latest round of commentary from European Central Bank (ECB) policymakers proved rather dovish in nature this kept the EUR/USD on a weaker footing at the start of the week. Investors were not encouraged as various ECB policymakers adopted a more cautious tone on the subject of...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts

The Pound-to-Euro Exchange Rate Outlook: Up to €1.103 as GBP Traders Await Today's UK Inflation

11 Sep 2017 at 12 PM - Written by James Fuller

The pound to euro exchange rate has continued to rise on Tuesday 12th September, quoted at £1 = €1.10321 ahead of today's key sterling-related risk event: the UK inflation. Will GBP/EUR extend its recent uptrend or see a reversal? In their latest brief to clients Lloyds note key levels to watch: "As we head into today’s inflation data, the cross [EUR/GBP] is approaching important support in the 0.9050/40 region....

CATEGORIES: Daily Currency Updates Euro Forecasts Pound Euro Forecasts Pound St Forecasts

Pound to Australian Dollar Rate Tests 1.65 Handle as GBP Firms Before UK Inflation Data

10 Sep 2017 at 11 AM - Written by John Cameron

The British pound to Australian dollar exchange rate is just below the 1.65 handle as UK traders await the latest inflation data release today. GBP/AUD is quoted at 1.64199 on Tuesday, September 12 (08:30 GMT) ahead of the day's key release (see live data here) "Sterling is up slightly ahead of today’s inflation data and Thursday’s policy announcement from the Bank of England" say analysts at Lloyds in a brioef...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Pound Aus Forecasts

Canadian Dollar Outperforms the British Pound, Euro and US Dollar as "CAD Retains Strong Technical, Fundamental Undertone"

10 Sep 2017 at 11 AM - Written by David Woodsmith

"The CAD has risen more than 11% against the USD. Too much, too quickly? Possibly; CAD may steady in the short run but there is no real sign of valuation stretch in the decline in USDCAD at this point. Our high-frequency fair value model suggests a fundamental equilibrium of 1.1920 or so for USDCAD currently, which largely reflects the yield/ spread story. If there is any bonce in the USD, we rather think gains will remain fairly...

CATEGORIES: Canadian Dollar Forecasts Currency Predictions Pound Canad Forecasts

Pound to Dollar (GBP/USD) Exchange Rate Forecast: "Limited Downside Risk and Firm Support in Upper 1.31s"

10 Sep 2017 at 11 AM - Written by John Cameron

"Sterling [GBP/USD] seems to be setting itself up for a bit of a squeeze higher in the near-term. Minor consolidation price action late last week has given away to renewed gains so far on the session and a retest of Friday’s high. We see gains extending above 1.3220 towards the upper 1.32s near-term as trend strength oscillators are aligned bullishly across a range of timeframes. This should mean limited downside risk and firm...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Pound Dol Forecasts

Euro Pound Sterling (EUR GBP) Crashes on Robust GDP Estimate

8 Sep 2017 at 4 PM - Written by Frank Davies

The Euro Pound exchange rate has tumbled today in the wake of a run of positive UK data releases and an optimistic UK GDP estimate from NIESR. The National Institute of Economic and Social Research (NIESR) released its latest monthly GDP estimate today, which listed growth of 0.4% in the three months to August. This is notably better than the 0.2% gain demonstrated in the July quarter, and though it still remains below...

CATEGORIES: Currency Predictions Euro Pound Forecasts

EUR USD Exchange Rate Update: Euro Advances as Irma Bears Down on Florida

8 Sep 2017 at 12 PM - Written by Tim Boyer

Trading in the region of 1.2068 today, the Euro is currently near the highest exchange rate against the US Dollar since January 2015. Draghi Aftermath Leaves EUR Traders Uncertain The Euro rose sharply against the US Dollar on Thursday, but today’s advance is primarily due to the USD being weaker. Today’s domestic data has largely been disappointing, with the German trade surplus reducing in July. While a surplus...

CATEGORIES: Euro Forecasts