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Daily Exchange Rate Forecasts & Currency News

Latest Currency News Continued - page 9

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 Canadian Dollar (GBP/CAD) Exchange Rate Rises as Coronavirus Throttles Oil Demand

10 Feb 2020 at 5 PM - Written by John Cameron

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Edges Higher as Oil Prices Fall The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate edged higher this afternoon, leaving the pairing trading at around CA$1.7209. The oil-sensitive ‘Loonie’ slumped after oil prices slipped at the start of the week as Chinese demand weakened amidst the Wuhan coronavirus outbreak. Since a peak in January, oil slumped more...

CATEGORIES: Pound Canadian Dollar Forecasts

Spread of Coronavirus Slows, Sending Pound Japanese Yen (GBP/JPY) Exchange Rate Higher

10 Feb 2020 at 1 PM - Written by John Cameron

Pound Sterling Japanese Yen (GBP/JPY) Exchange Rate Edges Higher as Nissan Temporarily Stops Production The Pound Sterling Japanese Yen (GBP/JPY) exchange rate rose by around 0.3%, leaving the pairing trading at around ¥141.93920. The safe-haven Japanese Yen fell on Monday after traders remained increasingly upbeat and headed towards riskier assets. Reports suggested that the spread of the Wuhan coronavirus could be...

CATEGORIES: Pound Yen Forecasts

EUR to USD Exchange Rate Slumps to 4-Month-Worst amid Deepening Concerns over German Factory Activity

7 Feb 2020 at 12 PM - Written by Ben Hughes

Already benefitting from slightly softer safe haven demand this week, the US Dollar has easily been able to sustain considerable gains and push the Euro to US Dollar (EUR/USD) exchange rate considerably lower due to fresh weakness in the Euro. Investors are selling the shared currency due to strength in its rival the US Dollar, but this week’s German data has kept additional pressure on the shared currency due to concerns over...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Flat as Oil Prices Edge Higher

7 Feb 2020 at 11 AM - Written by John Cameron

Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Muted as Oil Prices Rise The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate remained flat, leaving the pairing trading at around CA$1.7207. The oil-sensitive ‘Loonie’ edged higher today after oil prices rose on Friday. Prices were offered support after Russia announced it would support OPEC’s recommendation to cut output as demand weakens thanks to the...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to JPY Exchange Rate Losses Limited as Market Risk-Sentiment Weakens Yen

6 Feb 2020 at 2 PM - Written by Frank Davies

Despite the Pound’s broad weakness on revived hard Brexit fears this week, the British Pound to Japanese Yen (GBP/JPY) exchange rate has only seen limited losses this week so far. Investors have also been selling the safe haven Japanese Yen as coronavirus concerns lighten. This is making the Yen one of this week’s weaker currencies and making it easier for the pair to avoid losses. Since opening this week at the level of...

CATEGORIES: Pound Yen Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Falls as Niesr Predicts Javid’s Growth Targets ‘Unrealistic’

6 Feb 2020 at 12 PM - Written by John Cameron

Pound Sterling US Dollar (GBP/USD) Exchange Rate Slides as Niesr Deems Growth Targets ‘Unrealistic’ The Pound Sterling US Dollar (GBP/USD) exchange rate remained largely flat, leaving the pairing trading at around $1.2957. The Pound slumped against the Dollar today as Boris Johnson’s tough approach with the European Union continued to weigh on the currency. Sterling sentiment suffered further after an economic...

CATEGORIES: Pound Dollar Forecasts

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Falls despite Strong UK Services PMI

5 Feb 2020 at 3 PM - Written by John Cameron

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Slips despite UK Services Growth The Pound New Zealand Dollar (GBP/NZD) exchange rate remained flat, leaving the pairing trading at around NZ$2.0053. Sterling received some support earlier this morning after the country’s service sector PMI rebounded in January. However, the GBP/NZD exchange rate slumped later in the afternoon. The UK general election in December...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to AUD Exchange Rate Falling as ‘Aussie’ Rally Continues

5 Feb 2020 at 1 PM - Written by James Fuller

Even as the Pound finds fresh support in UK data today, the British Pound to Australian Dollar (GBP/AUD) exchange rate continues to tumble on lasting Australian Dollar strength. Investors are piling into the ‘Aussie’ on risk sentiment as well as strong Australian data, but upcoming Australian trade and retail sales data could still dampen the currency by the end of the week if it disappoints. Meanwhile, Brexit speculation will...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Japanese Yen (GBP/JPY) Exchange Rate Rebounds After Upbeat UK Construction PMI

4 Feb 2020 at 3 PM - Written by John Cameron

Pound Sterling Japanese Yen (GBP/JPY) Exchange Rate Recovers on Tuesday The Pound Sterling Japanese Yen (GBP/JPY) exchange rate rallied, rising by around 0.8%, leaving the pairing trading by around ¥142.3290. The pairing rebounded on Tuesday after fears the UK would struggle to secure a post-Brexit deal with the EU sent Sterling lower. Prime Minister Boris Johnson called for a Canada-style agreement between the UK and...

CATEGORIES: Pound Yen Forecasts

GBP to EUR Exchange Rate Rebounds from Fortnight Worst as UK Data Continues to Beat Expectations

4 Feb 2020 at 3 PM - Written by Tim Boyer

Following yesterday’s broad plummet in the Pound, the British Pound to Euro (GBP/EUR) exchange rate has steadied somewhat today. Investors are hesitant to sell the Pound too much, as recent data keeps Bank of England (BoE) speculation low. Meanwhile, investors are hesitant to buy the Euro too much amid a lack of strong support for the shared currency. Looking ahead, major services data could influence the exchange rate...

CATEGORIES: Pound Euro Forecasts