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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 USD Exchange Rate Struggles to Recover from Half-Month-Lows amid Market Uncertainty

30 Sep 2019 at 1 PM - Written by James Fuller

Following a broad slump last week, the British Pound to US Dollar (GBP/USD) exchange rate has been unable to sustain much of a recovery today as the US Dollar remains resilient on the back of market safe haven demand, as well as some of last week’s US data being better than forecast. The Pound’s rebound was also limited, as uncertainties in UK politics and Brexit clouded the British currency’s outlook. After opening last...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate Rallies as UK Q1 GDP Upwardly Revised

30 Sep 2019 at 11 AM - Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Rises as UK Economy not as Fragile as First Thought The Pound Sterling Australian Dollar (GBP/AUD) exchange rate edged up and the pairing is currently trading around AU$1.8225. The Pound edged up against the ‘Aussie’ as the Office for National Statistics (ONS) revealed the UK economy expanded by 0.6% in the first quarter and annual Q2 growth increased from 1.2% to...

CATEGORIES: Pound Australian Dollar Forecasts

Euro Pound Sterling (EUR/GBP) Exchange Rate Rallies as BoE Hawk Turns Dovish

27 Sep 2019 at 5 PM - Written by John Cameron

Euro Pound (EUR/GBP) Exchange Rate Rises as BoE Rate Cut ‘Quite Plausible’ The Euro Pound Sterling (EUR/GBP) exchange rate was left muted, and the pairing is currently trading at around £0.8891. Sterling sentiment was left dampened on Friday as known Bank of England (BoE) hawk, Michael Saunders revealed that even if the UK avoids a no-deal Brexit, interest rates may still need to be cut. Speaking to local...

CATEGORIES: Euro Pound Forecasts

Pound New Zealand Dollar (GPB/NZD) Exchange Rate Steady, BoE Hints at Rate Cut

27 Sep 2019 at 2 PM - Written by John Cameron

GBP/NZD Exchange Rate Rangebound as BoE Rate Cut Fears Return The Pound New Zealand Dollar (GBP/NZD) exchange rate held steady at around NZ$1.957 today after the Bank of England (BoE) hinted at a Brexit interest rate cut. This follows the BoE’s policymaker Michael Saunders suggestion that the central bank could slash interest rates soon due to Brexit uncertainty. Mr Saunders commented: ‘If the UK avoids a no-deal...

CATEGORIES: New Zealand Dollar Forecasts Pound New Zealand Dollar Forecasts

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Slides as RBNZ Shows Less Willingness to Consider Unconventional Policy

26 Sep 2019 at 3 PM - Written by John Cameron

Less Dovish RBNZ Signal Drags Pound New Zealand Dollar (GBP/NZD) Exchange Rate Lower Fresh comments from Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr saw the Pound Sterling to New Zealand Dollar (GBP/NZD) exchange rate slump sharply. As Orr noted that the central bank is ‘unlikely to need unconventional monetary policy tools’ this helped to shore up the New Zealand Dollar against its rivals. This comment was...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Eases on Early General Election Fears

26 Sep 2019 at 1 PM - Written by John Cameron

GBP/USD Exchange Rate Decreases on UK Political Deadlock The Pound US Dollar (GBP/USD) exchange rate eased today, with the pairing currently trading around $1.234 after a defiant Prime Minister Boris Johnson has further exacerbated fears of an early general election, while maintaining that the UK will leave the EU on October 31. Labour Leader Jeremy Corbyn commented: ‘He says he wants an election. I want an election. If...

CATEGORIES: Dollar Pound Forecasts Pound Dollar Forecasts

GBP to AUD Exchange Rate Hits Weekly Worst but ‘Aussie’ Gains May Be Limited

26 Sep 2019 at 12 PM - Written by Ben Hughes

Despite uncertainties over whether the Reserve Bank of Australia (RBA) will cut Australian interest rates next week or not, the British Pound to Australian Dollar (GBP/AUD) exchange rate has been tumbling this week. A combination of Brexit hopes and higher demand for trade-correlated currencies towards the end of the week has left the Pound weak, and the Australian Dollar is taking advantage of that for now. Since opening this...

CATEGORIES: Pound Australian Dollar Forecasts

US Dollar Canadian Dollar (USD/CAD) Exchange Rate Rises as White House Releases Trump-Ukraine Call Details

25 Sep 2019 at 3 PM - Written by John Cameron

US Dollar Canadian Dollar (USD/CAD) Exchange Rate Recovers from Impeachment Inquiry The US Dollar Canadian Dollar (USD/CAD) exchange rate edged up and the pairing is currently trading at around CA$1.3286. The Dollar recovered this afternoon after being battered by reports of a formal impeachment inquiry against President Donald Trump. Democrat Nancy Pelosi stated the President ‘must be held accountable’ over...

CATEGORIES: American Dollar Forecasts Canadian Dollar Forecasts

Pound Sterling New Zealand Dollar (GBP/NZD) Exchange Rate Falls as MPs Return to Parliament

25 Sep 2019 at 9 AM - Written by John Cameron

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Edges Lower as Opposition Parties Call for Johnson’s Resignation The Pound Sterling New Zealand Dollar (GBP/NZD) exchange rate slumped by around 0.5% with the pairing trading at around NZ$1.9662. Sterling slumped against the ‘Kiwi’ on Wednesday as MPs prepared to return to parliament after the Supreme Court ruled the suspension unlawful. Prime Minister Boris Johnson...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound Sterling New Zealand Dollar (GBP/NZD) Exchange Rate Falls as MPs Return to Parliament

25 Sep 2019 at 9 AM - Written by John Cameron

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Edges Lower as Opposition Parties Call for Johnson’s Resignation The Pound Sterling New Zealand Dollar (GBP/NZD) exchange rate slumped by around 0.5% with the pairing trading at around NZ$1.9662. Sterling fell against the ‘Kiwi’ on Wednesday as MPs prepared to return to parliament after the Supreme Court ruled the five-week suspension unlawful. Prime Minister Boris...

CATEGORIES: Pound New Zealand Dollar Forecasts