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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

GBP to AUD Exchange Rate Recovery Falls Short as Chinese Data and Risk-Sentiment Supports ‘Aussie’

12 Apr 2019 at 11 AM - Written by Minesh Chaudhari

For most of the week, the British Pound to Australian Dollar (GBP/AUD) exchange rate has trended lower due to Brexit uncertainty hitting the Pound, while the Australian Dollar benefitted from much of the week’s risk-sentiment. Due to signs of strength in Australia’s economy, Reserve Bank of Australia (RBA) interest rate cut bets have remained light and the ‘Aussie’ has avoided losses. In what looks to be GBP/AUD’s...

CATEGORIES: Pound Australian Dollar Forecasts

Euro Pound (EUR/GBP) Exchange Rate Steadies as German Inflation Figures Hit 11-Month Low

11 Apr 2019 at 5 PM - Written by John Cameron

EUR/GBP Exchange Rate Steadies Following ECB’s Cautiousness The Euro Pound (EUR/GBP) exchange rate is steady today and is currently trading around £0.8620 on the inter-bank market. The Euro (EUR) steadied against the Pound (GBP) following the release of the German Harmonized Index of Consumer Prices figures for March fell to 1.4% – an 11-month low. Today also saw the publication of the French inflation figures for...

CATEGORIES: Daily Currency Updates Euro Pound Forecasts Pound Euro Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Flounders in spite of New October Brexit Deadline

11 Apr 2019 at 2 PM - Written by Frank Davies

Brexit Deadline Extension Fails to Boost Pound Sterling US Dollar (GBP/USD) Exchange Rate The decision to extend the Brexit deadline until the end of October failed to shore up the Pound Sterling to US Dollar (GBP/USD) exchange rate on Thursday. Although the UK is no longer at risk of crashing out of the EU without a deal on Friday investors failed to take any particular encouragement from the news. As the extension was...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate Flat on Halloween Brexit Extension

11 Apr 2019 at 12 PM - Written by John Cameron

Pound Sterling Australian Dollar (GBP/AUD) Flat as Brexit Pessimism Weighs on GBP despite Halloween Delay The Pound Australian Dollar (GBP/AUD) exchange rate remained muted, and the pairing is currently trading at an inter-bank rate of AU$1.8282. This morning, the UK formally accepted the six-month Brexit extension to 31 October offered by the European Union. The Halloween extension prevents the UK crashing out of the EU...

CATEGORIES: Pound Australian Dollar Forecasts

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Increases as Brexit Delay Hopes Increase

10 Apr 2019 at 2 PM - Written by John Cameron

GBP/NZD Exchange Rate Rises as US-China Trade Talks Stall The Pound New Zealand Dollar (GBP/NZD) exchange rate rose today and is currently trading around NZ$1.9369 on the inter-bank market. The New Zealand Dollar (NZD) fell against Sterling today as US-China trade talks appear to be dragging on longer than expected, with fears that the two superpowers could fail to meet a consensus. With a general lack of New Zealand...

CATEGORIES: Daily Currency Updates New Zealand Dollar Forecasts Pound New Zealand Dollar Forecasts

GBP to NZD Exchange Rate Volatile as Investors Anticipate Brexit Developments

10 Apr 2019 at 1 PM - Written by Toni Johnson

Investors are heavily hesitant to move much on the Pound this week so far, as markets anticipate major news of whether or not the Brexit process will be delayed for a second time and as a result the British Pound to New Zealand Dollar (GBP/NZD) exchange rate has seen limited movement. This could change following today’s Brexit news, however. Due to a surge in bets that the Reserve Bank of New Zealand (RBNZ) will cut New...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound Sterling Japanese Yen (GBP/JPY) Exchange Rate Rises as UK Economy Expands Faster than Forecast

10 Apr 2019 at 12 PM - Written by John Cameron

Pound Japanese Yen (GBP/JPY) Exchange Rate Rises on Better-than-Forecast UK GDP The Pound Sterling Japanese Yen (GBP/JPY) exchange rate rose, and the pairing is currently trading at an inter-bank rate of ¥145.6480. Sterling likely rose as data released on Wednesday revealed that February’s GDP rose by 0.2% despite expectations that the economy would remain stagnant. The rise was largely driven by the services...

CATEGORIES: Pound Yen Forecasts

Pound to Australian Dollar Exchange Rate: GBP Sinks vs AUD as Australian Home Loans Increase

9 Apr 2019 at 4 PM - Written by John Cameron

The Pound Australian Dollar (GBP/AUD) exchange rate is down by 0.4% and is currently trading around AU$1.8261 on the inter-bank market. The Australian Dollar (AUD) strengthened against a weaker Pound (GBP) today following better-than-expected Australian home loans figures for February, which increased to 2.0%. These were also followed by an uptick in Australian investment lending for homes figures for February, which rose...

CATEGORIES: Pound Australian Dollar Forecasts

Pound to Rand Exchange Rate Falls on IMF Two-Year UK Recession Warning

9 Apr 2019 at 3 PM - Written by John Cameron

The Pound Sterling to South African Rand exchange rate fell this afternoon, and the pairing is currently trading at an inter-bank rate of R18.3521. This afternoon the International Monetary Fund (IMF) said that a no-deal Brexit would risk a two-year UK recession. In a downbeat half-yearly assessment of the global economy, the IMF predicts the UK economy could be 3.5% smaller than expected by 2021 if trade barriers were...

CATEGORIES: Pound Rand Forecasts

Pound to Dollar Exchange Rates Climb Ahead of EU Summit despite Brexit Uncertainties

9 Apr 2019 at 1 PM - Written by Tim Boyer

Despite persisting uncertainty over the Brexit process, and the remaining possibility of the Brexit process ending with a worst-case no-deal outcome at the end of this week, the British Pound to US Dollar (GBP/USD) exchange rate has been climbing this week so far. This has been due to weakness in the US Dollar, as investors sell it from its best levels following a surge in demand on Friday. Last week saw highly volatile...

CATEGORIES: Pound Dollar Forecasts