Currency News

Daily Exchange Rate Forecasts & Currency News

Currency Predictions

A round up of the latest currency predictions from the Currency News desk.

US Dollar Canadian Dollar (USD/CAD) Exchange Rate Climbs as Canadian GDP Growth Disappoints

2 Mar 2018 at 4 PM - Written by John Cameron

Canadian GDP Slowdown Worse than Anticipated – Canadian Dollar (CAD) Exchange Rates Tumble The US Dollar Canadian Dollar (USD/CAD) exchange rate climbed higher on Friday, supported by poor expansion in Canada’s gross domestic product (GDP) reading. According to statistics Canada, the pace of growth in Canada’s economy dropped...

CATEGORIES: Currency Predictions

EUR/GBP Exchange Rate Tumbles despite Conflicting UK Growth Outlook

22 Jan 2018 at 5 PM - Written by John Cameron

Conflicting UK Growth Forecasts Fail to Limit Pound (GBP) Exchange Rates The Pound Euro (GBP/EUR) exchange rate soared on Monday, bolstered by upbeat comments from former UK Treasury Minister Lord O’Neil and seemingly unperturbed by the International Monetary Fund’s (IMF) latest downgrade in UK growth forecasts. Lord O’Neil...

CATEGORIES: Currency Predictions Euro Pound Forecasts

GBP/EUR Exchange Rate Inches Ahead amid UK Inflation Release

16 Jan 2018 at 3 PM - Written by John Cameron

UK Inflation Slides, Pound Euro (GBP/EUR) Exchange Rate Unperturbed The Pound Euro (GBP/EUR) exchange rate inched ahead on Tuesday as markets responded to some below-forecast German inflation readings and ongoing concerns regarding the state of their ‘grand coalition’. On the UK front, markets continue to assess the severity of...

CATEGORIES: Currency Predictions Euro Pound Forecasts

GBP EUR Exchange Rate Stumbles Amid Carillion Collapse

15 Jan 2018 at 3 PM - Written by David Woodsmith

Carillion Collapse Prompts GBP/EUR Exchange Rate Fall The Pound Euro (GBP/EUR) exchange rate pared some of its recent gains on Monday as markets responded to news that UK construction giant Carillion has gone into liquidation, potentially threatening thousands of jobs. The news came after talks between the firm, various lenders and the...

CATEGORIES: Currency Predictions Euro Pound Forecasts

GBP/USD Exchange Rate Surges Over 1% on Reports of Soft Brexit Backing

12 Jan 2018 at 5 PM - Written by John Cameron

Spanish, Dutch Finance Ministers Announce Push for Soft Brexit, GBP/USD Exchange Rates Soar The Pound US Dollar (GBP/USD) exchange rate soared to its highest point since the Brexit vote on Friday afternoon as markets responded to news that Spanish and Dutch Finance Ministers are prepared to back a soft Brexit deal. Two finance ministers...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

GBP USD Exchange Rate Fluctuates as UK Trade Deficit Widens

10 Jan 2018 at 5 PM - Written by Frank Davies

UK Trade Deficit Widens, Causes Volatility for GBP USD Exchange Rates The Pound US Dollar (GBP/USD) fluctuated wildly on Wednesday as markets digested a run of mixed UK ecostats as well as news that China is considering trimming its purchasing of American government debt. On the data front; the UK’s trade deficit widened quite...

CATEGORIES: American Dollar Forecasts Currency Predictions

Disappointing Australian Construction Prompts GBP AUD Exchange Rate Surge

8 Jan 2018 at 4 PM - Written by John Cameron

Pound Australian Dollar (GBP AUD) Exchange Rate Climbs on Poor AIG construction Print The Pound took the lead against the Australian Dollar (AUD) on Monday, bolstered by news that the construction sector in Australia expanded at a lower rate than expected. The AIG/housing industry association’s Australian performance of construction...

CATEGORIES: Australian Dollar Forecasts Currency Predictions

Could UK Productivity be Stirring Once Again? GBP AUD Exchange Rate Inches Ahead

5 Jan 2018 at 3 PM - Written by Ben Hughes

UK Productivity Shows Signs of Stirring – GBP Exchange Rates Capitalise The productivity of British workers increased at the fastest rate in six years over Q3 2017 - news that effectively bolstered the Pound Australian Dollar (GBP AUD) exchange rate on Friday. According to figures from the Office for National Statistics (ONS) the...

CATEGORIES: Australian Dollar Forecasts Currency Predictions

GBP AUD Exchange Rate Weakness Persists on RBA Optimism and USD Softness

20 Dec 2017 at 2 PM - Written by Frank Davies

Weakness persisted in the Pound Australian Dollar (GBP AUD) exchange rate on Wednesday, with the relative softness for the US Dollar and recent optimism from the Reserve Bank of Australia (RBA) extending the ‘Aussie’ Dollar’s gains. USD Fails to Capitalise on Trump Tax, AUD Exchange Rates Extend Lead The vote on Republican tax...

CATEGORIES: Australian Dollar Forecasts Currency Predictions

GBP EUR Exchange Rate Plummets as Brexit Trade Talks are Delayed Until March

15 Dec 2017 at 5 PM - Written by John Cameron

The Pound Euro (GBP EUR) exchange rate plummeted on Friday as markets reacted to news from Brussels that Brexit trade talks will likely be delayed until March 2018 – a delay that will leave UK businesses in the dark for even longer. GBP EUR Exchange Rate Falls Despite Narrowing of Eurozone Trade Surplus The Euro maintained its lead...

CATEGORIES: Currency Predictions Daily Currency Updates Euro Forecasts

US Dollar Canadian Dollar (USD/CAD) Exchange Rate Climbs as Canadian GDP Growth Disappoints

2 Mar 2018 at 4 PM - Written by John Cameron

Canadian GDP Slowdown Worse than Anticipated – Canadian Dollar (CAD) Exchange Rates Tumble The US Dollar Canadian Dollar (USD/CAD) exchange rate climbed higher on Friday, supported by poor expansion in Canada’s gross domestic product (GDP) reading. According to statistics Canada, the pace of growth in Canada’s economy dropped...

CATEGORIES: Currency Predictions

EUR/GBP Exchange Rate Tumbles despite Conflicting UK Growth Outlook

22 Jan 2018 at 5 PM - Written by John Cameron

Conflicting UK Growth Forecasts Fail to Limit Pound (GBP) Exchange Rates The Pound Euro (GBP/EUR) exchange rate soared on Monday, bolstered by upbeat comments from former UK Treasury Minister Lord O’Neil and seemingly unperturbed by the International Monetary Fund’s (IMF) latest downgrade in UK growth forecasts. Lord O’Neil...

CATEGORIES: Currency Predictions Euro Pound Forecasts

GBP/EUR Exchange Rate Inches Ahead amid UK Inflation Release

16 Jan 2018 at 3 PM - Written by John Cameron

UK Inflation Slides, Pound Euro (GBP/EUR) Exchange Rate Unperturbed The Pound Euro (GBP/EUR) exchange rate inched ahead on Tuesday as markets responded to some below-forecast German inflation readings and ongoing concerns regarding the state of their ‘grand coalition’. On the UK front, markets continue to assess the severity of...

CATEGORIES: Currency Predictions Euro Pound Forecasts

GBP EUR Exchange Rate Stumbles Amid Carillion Collapse

15 Jan 2018 at 3 PM - Written by David Woodsmith

Carillion Collapse Prompts GBP/EUR Exchange Rate Fall The Pound Euro (GBP/EUR) exchange rate pared some of its recent gains on Monday as markets responded to news that UK construction giant Carillion has gone into liquidation, potentially threatening thousands of jobs. The news came after talks between the firm, various lenders and the...

CATEGORIES: Currency Predictions Euro Pound Forecasts

GBP/USD Exchange Rate Surges Over 1% on Reports of Soft Brexit Backing

12 Jan 2018 at 5 PM - Written by John Cameron

Spanish, Dutch Finance Ministers Announce Push for Soft Brexit, GBP/USD Exchange Rates Soar The Pound US Dollar (GBP/USD) exchange rate soared to its highest point since the Brexit vote on Friday afternoon as markets responded to news that Spanish and Dutch Finance Ministers are prepared to back a soft Brexit deal. Two finance ministers...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

GBP USD Exchange Rate Fluctuates as UK Trade Deficit Widens

10 Jan 2018 at 5 PM - Written by Frank Davies

UK Trade Deficit Widens, Causes Volatility for GBP USD Exchange Rates The Pound US Dollar (GBP/USD) fluctuated wildly on Wednesday as markets digested a run of mixed UK ecostats as well as news that China is considering trimming its purchasing of American government debt. On the data front; the UK’s trade deficit widened quite...

CATEGORIES: American Dollar Forecasts Currency Predictions

Disappointing Australian Construction Prompts GBP AUD Exchange Rate Surge

8 Jan 2018 at 4 PM - Written by John Cameron

Pound Australian Dollar (GBP AUD) Exchange Rate Climbs on Poor AIG construction Print The Pound took the lead against the Australian Dollar (AUD) on Monday, bolstered by news that the construction sector in Australia expanded at a lower rate than expected. The AIG/housing industry association’s Australian performance of construction...

CATEGORIES: Australian Dollar Forecasts Currency Predictions

Could UK Productivity be Stirring Once Again? GBP AUD Exchange Rate Inches Ahead

5 Jan 2018 at 3 PM - Written by Ben Hughes

UK Productivity Shows Signs of Stirring – GBP Exchange Rates Capitalise The productivity of British workers increased at the fastest rate in six years over Q3 2017 - news that effectively bolstered the Pound Australian Dollar (GBP AUD) exchange rate on Friday. According to figures from the Office for National Statistics (ONS) the...

CATEGORIES: Australian Dollar Forecasts Currency Predictions

GBP AUD Exchange Rate Weakness Persists on RBA Optimism and USD Softness

20 Dec 2017 at 2 PM - Written by Frank Davies

Weakness persisted in the Pound Australian Dollar (GBP AUD) exchange rate on Wednesday, with the relative softness for the US Dollar and recent optimism from the Reserve Bank of Australia (RBA) extending the ‘Aussie’ Dollar’s gains. USD Fails to Capitalise on Trump Tax, AUD Exchange Rates Extend Lead The vote on Republican tax...

CATEGORIES: Australian Dollar Forecasts Currency Predictions

GBP EUR Exchange Rate Plummets as Brexit Trade Talks are Delayed Until March

15 Dec 2017 at 5 PM - Written by John Cameron

The Pound Euro (GBP EUR) exchange rate plummeted on Friday as markets reacted to news from Brussels that Brexit trade talks will likely be delayed until March 2018 – a delay that will leave UK businesses in the dark for even longer. GBP EUR Exchange Rate Falls Despite Narrowing of Eurozone Trade Surplus The Euro maintained its lead...

CATEGORIES: Currency Predictions Daily Currency Updates Euro Forecasts