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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 Sterling Canadian Dollar (GBP/CAD) Exchange Rate Falls as Brexit Uncertainty Hurts UK Economic Growth

10 Jun 2019 at 3 PM - Written by John Cameron

Pound Canadian Dollar (GBP/CAD) Exchange Rate Slumps as UK Manufacturing Falls to 17-Year Low The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate slumped and the pairing is currently trading at an inter-bank rate of CA$1.6814. On Monday morning, data revealed that Brexit uncertainty hurt UK economic growth as April’s GDP slumped by -0.4%. In the three months to April, the UK economy expanded by 0.3% which likely...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP to USD Exchange Rate Climbs on Expectations of Weaker US Non-Farm Payroll Report

7 Jun 2019 at 12 PM - Written by James Fuller

Despite a lack of particularly supportive UK news this week, the British Pound to US Dollar (GBP/USD) exchange rate is on track to sustain solid gains as investors sell the US Dollar. Rising bets of Federal Reserve interest rate cuts and expectations for weaker US data are keeping the US currency unappealing. Since opening this week at the level of 1.2633, GBP/USD has put in over half a cent of gains due to US Dollar weakness....

CATEGORIES: Pound Dollar Forecasts

GBP to JPY Exchange Rate Climbs amid Profit Taking and Risk Sentiment

6 Jun 2019 at 5 PM - Written by Ben Hughes

Despite this week’s lack of particularly strong UK news or support for the Pound, the British Pound to Japanese Yen (GBP/JPY) exchange rate has been able to register gains throughout the week so far. This has been largely due to investors buying the Pound from its lows and selling the Japanese Yen from its recent highs however. After opening this week at the level of 136.77, GBP/JPY has trended with an upside bias despite the...

CATEGORIES: Pound Yen Forecasts

Euro Pound Sterling (EUR/GBP) Exchange Rate Edges Up as ECB Leaves Rates Unchanged

6 Jun 2019 at 5 PM - Written by John Cameron

Euro Pound (EUR/GBP) Exchange Rate Rises as ECB Leave Interest Rates Unchanged The Euro Pound Sterling (EUR/GBP) exchange rate remained muted and the pairing is currently trading at an inter-bank rate of £0.8885. On Thursday, the European Central Bank (ECB) left interest rates unchanged as the bloc struggles with weak inflation and low growth. The central bank pledged to keep interest rates at the current record low...

CATEGORIES: Euro Pound Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Steadies as US Economic Data Disappoints

6 Jun 2019 at 4 PM - Written by John Cameron

GBP/USD Exchange Rate Flat as US Nonfarm Productivity Eases The Pound US Dollar (GBP/USD) exchange rate steadied today and is currently trading around $1.2699 on the interbank market. The US Dollar (USD) failed to gain against the Pound (GBP) following poor US economic data, with the nonfarm productivity figures for the first quarter easing below the consensus at 3.4%. These were followed by the US continuing jobless...

CATEGORIES: American Dollar Forecasts Dollar Pound Forecasts Pound Dollar Forecasts

Pound Norwegian Krone (GBP/NOK) Exchange Rate Rises despite Averted Norwegian Oil Strikes

5 Jun 2019 at 4 PM - Written by John Cameron

GBP/NOK Exchange Rate Edges Higher as Norwegian Negotiators Avoid Oil Strikes The Pound Norwegian Krone (GBP/NOK) exchange rate rose today and is currently trading around 11.0461kr on the interbank market. The Norwegian Krone (NOK) is fell against the Pound (GBP) despite the planned oil strikes being averted after the Norwegian Oil and Gas Association agreed upon a pay deal, avoiding the economic strains of a the oil-reliant...

CATEGORIES: Pound Norwegian Krone Forecasts

Pound Sterling New Zealand Dollar (GBP/NZD) Exchange Rate Falls as UK Economy ‘Close to Stagnation’

5 Jun 2019 at 1 PM - Written by John Cameron

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Slumps as UK Services Hit by Brexit Headwinds The Pound Sterling New Zealand Dollar (GBP/NZD) exchange rate slumped and the pairing is currently trading at an inter-bank rate of NZ$1.9148. On Wednesday, it was revealed the UK services PMI rose to a higher-than-forecast 51 in May from 50.4 in April. New work rose for the first time since December 2018 and business...

CATEGORIES: Pound New Zealand Dollar Forecasts

GBP to AUD Exchange Rate Avoids Further Losses as Australian Growth Disappoints

5 Jun 2019 at 11 AM - Written by Tim Boyer

Thanks to a stronger than expected UK services PMI today, the UK economy has avoided contraction for now, and this as well as some disappointing Australian data has prevented the British Pound to Australian Dollar (GBP/AUD) from suffering deeper losses. However, the pair’s strength is certainly limited amid Brexit uncertainty and weak UK growth overall. Despite the Reserve Bank of Australia (RBA) cutting interest rates and...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Steadies as RBA Slashes Interest Rate

4 Jun 2019 at 5 PM - Written by John Cameron

GBP/AUD Exchange Rate Rangebound as RBA Announces First Cut Since 2016 The Pound Australian Dollar (GBP/AUD) exchange rate is steady today and is currently trading around AU$1.8147 on the interbank market. The Australian Dollar (AUD) failed to make any gains following the publication of the Reserve Bank of Australia’s (RBA) interest rate decision, which was slashed to 1.25% against its previous 1.50% – its first cut since...

CATEGORIES: Pound Australian Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Recovers After UK Construction Sector Slump

4 Jun 2019 at 3 PM - Written by Frank Davies

UK Construction Sector Contraction Fails to Drag Down Pound Sterling US Dollar (GBP/USD) Exchange Rate A surprise contraction in the UK construction PMI was not enough to keep the Pound Sterling to US Dollar (GBP/USD) exchange rate on a downtrend for long on Tuesday. Although weakening business confidence saw a decline in workload within the sector this deterioration only had a limited impact on demand for the Pound. As...

CATEGORIES: Pound Dollar Forecasts