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Latest currency exchange news at MoneyTransfer.co.uk.
British Pound to Australian Dollar Exchange Rate Recovers to Weekly Highs on Brexit Speculation and Australian Data Published: 5 Dec at 1 PM
Despite its risk rally driven plummet at the beginning of the week, the British Pound to Australian Dollar (GBP/AUD) exchange rate has seen a strong recovery since Tuesday evening. This was due to a combination of factors including soft Brexit hopes, weaker risk-sentiment and some disappointing Australian ecostats. After opening this week...
Euro to US Dollar Exchange Rate Fails to Capitalise on US-China Trade Truce News Published: 3 Dec at 5 PM
Despite the weekend’s global trade developments making investors much more willing to take risks, the Euro to US Dollar (EUR/USD) exchange rate was not able to capitalise on the safe haven US Dollar’s fresh weakness. This was partially due to underwhelming Eurozone ecostats, weighing on market demand for the shared currency. Concerns...
Euro to US Dollar Exchange Rate Gains Limited by Underwhelming Eurozone Inflation Stats Published: 30 Nov at 1 PM
Despite gaining solidly on speculation that the US and China could reach some kind of trade agreement at an upcoming G20 summit, the Euro to US Dollar (EUR/USD) exchange rate’s gains were limited by some underwhelming Eurozone stats and some late-week demand for safe havens. After opening the week at the level of 1.1338, EUR/USD spent...
British Pound to Canadian Dollar Exchange Rate Surges Higher as Brexit Declaration Agreed Published: 22 Nov at 1 PM
The Pound Sterling to Canadian Dollar (GBP/CAD) exchange rate made solid gains on Thursday morning after the UK and EU agreed an expanded political declaration on their future relationship. This development prompted markets to lower the odds of a no-deal Brexit, giving the Pound a strong boost across the board. Although reaction to the...
British Pound to Euro Exchange Rate Unable to Hold 6-Month-Best on Brexit Uncertainties Published: 14 Nov at 11 AM
<div class="picture left"><img alt="pound-to-euro-rate-3" src="https://www.exchangerates.org.uk/images-news2/pound-to-euro-20.jpg" itemprop="thumbnailUrl" class="img-responsive img-rounded"/></div> Despite some broad uncertainties about whether a UK-EU Brexit deal could make...
British Pound to Euro Exchange Rate Tests 6-Month-Best on Speculation of Incoming Brexit Deal Published: 13 Nov at 5 PM
In what is shaping up to be a pivotal week for the Brexit process, the British Pound to Euro (GBP/EUR) exchange rate has fluctuated in recent sessions as mixed reports give investors a mixed idea of how likely a Brexit deal is to be made in the coming sessions. Brexit focus is only likely to strengthen in the coming days. Since opening...
Australian Dollar to New Zealand Dollar Exchange Rate Hits 4-Month-Worst on Rising New Zealand Outlook Published: 8 Nov at 1 PM
Demand for both the Australian Dollar and New Zealand Dollar have risen this week as markets become more willing to take risks again, but the Australian Dollar to New Zealand Dollar (AUD/NZD) exchange rate itself has tumbled due to data and news that has caused a surge in New Zealand Dollar buying. Since opening this week at the level of...
British Pound to US Dollar Exchange Rate Trends near Weekly Highs Ahead of US Mid-Terms Published: 5 Nov at 4 PM
Despite broad uncertainties about the Brexit process and a lack of fresh supportive UK data, the British Pound to US Dollar (GBP/USD) exchange rate tested its best weekly levels on Monday. Investors bought Sterling due to the latest Brexit hopes, while the US Dollar struggled to avoid losses ahead of Tuesday’s anticipated US Mid-Term...
Pound Sterling News: GBP/USD Exchange Rate Rises 1.6% after BoE Meeting Published: 1 Nov at 5 PM
Pound Sterling to US Dollar Exchange Rate Up 1.6% on BoE Rate Hike Hopes The Pound has recovered from a midweek slump against the US Dollar today, rising sharply against the US currency and most other peers. This rise has been bipartite, with optimism about Brexit on Wednesday combining with a positive reaction to today’s Bank of...
US Dollar to Canadian Dollar Marches Higher Despite Bank of Canada’s Hawkishness Published: 26 Oct at 12 PM
Despite a hawkish tone taken by the Bank of Canada (BoC) during the bank’s policy decision this week, the US Dollar to Canadian Dollar (USD/CAD) exchange rate saw some late week climbs as investors remained hungry for safe haven currencies. After opening the week at the level of 1.3088, USD/CAD saw tight movement for most of the week...
British Pound to Japanese Yen Exchange Rate Slips as Irish Border Brexit Issue Persists Published: 22 Oct at 4 PM
The Japanese Yen has seen mixed demand in recent weeks as risk-sentiment rises and safe haven currencies weaken. Despite this though, the British Pound to Japanese Yen (GBP/JPY) exchange rate has been weakening due to Brexit jitters. While GBP/JPY recovered from last week’s low of 145.89, the pair still slipped from 147.55 to 147.04...
British Pound to Japanese Yen Exchange Rate Climbs as US-China Trade Escalations Fail to Spook Markets Published: 18 Sep at 4 PM
Thanks to fading fears that a ‘no-deal Brexit’ is likely, as well as higher market appeal for taking risks, the British Pound to Japanese Yen (GBP/JPY) exchange rate has continued to rally this week so far. The Pound could be in for even further gains later in the week if there are notable Brexit developments. Last week saw GBP/JPY...
British Pound to Japanese Yen Exchange Rate Sheds Last Week’s Gains on Brexit Jitters and ‘Safe Haven’ Demand Published: 4 Sep at 3 PM
Hopes for a more optimistic Brexit outlook briefly cause a surge in demand for the British Pound to Japanese Yen (GBP/JPY) exchange rate last week. However, due to fresh uncertainties and another market rush for ‘safe haven’ currencies, GBP/JPY has already shed last week’s gains. Last week saw GBP/JPY open at the level of 142.84, and...
Australian Dollar to Euro Exchange Rate Touches Best Levels in a Month Following RBA Decision Published: 7 Aug at 4 PM
While both the Australian Dollar and Euro have seen stronger demand this week amid lighter trade jitters and a weaker US Dollar (USD), the Australian Dollar to Euro (AUD/EUR) exchange rate has ultimately continued its advance. If Australian data due in the coming sessions continues to impress, the pair could rise even higher. It may...
Euro to US Dollar Exchange Rate Slips from Highs as Eurozone PMIs Fall Short Published: 24 Jul at 3 PM
A combination of the latest ecostats and stronger demand for the US Dollar following its poor performance at the end of last week has caused the Euro to US Dollar (EUR/USD) exchange rate to slip. However, EUR/USD movement is likely to remain muted until major Eurozone and US news later in the week. Last week was a highly volatile week for...
Pound Sterling to US Dollar Exchange Rate Drops -0.6% on Lower BoE Rate Hike Odds Published: 19 Jul at 5 PM
Dwindling Hopes of August BoE Interest Rate Hike Push GBP/USD Exchange Rate Down The Pound (GBP) has tumbled in trading against the US Dollar (USD) today, hitting the lowest exchange rate since early September last year. This significant deterioration for the Pound is down to the latest UK retail sales data, which has shown...
Pound Sterling to New Zealand Dollar (GBP/NZD) Exchange Rate Rises on UK GDP Upgrade Published: 10 Jul at 2 PM
Daily Pound Sterling News: GBP/NZD Exchange Rate Rises on GDP Acceleration The Pound has shaken off Monday’s GBP/NZD exchange rate losses and risen by 0.5% against the New Zealand Dollar today, thanks to supportive UK GDP data. The Office for National Statistics (ONS) has devised a new method of collating gross domestic product and...
Pound to US Dollar (GBP/USD) Exchange Rate Rise Triggered by Signs of Upcoming BoE Interest Rate Hike Published: 21 Jun at 4 PM
GBP/USD Exchange Rate Near Best Weekly Exchange Rate after BoE Vote After a nearly week-long wait, Pound Sterling (GBP) traders have finally been rewarded today with economic news that has caused a significant advance against the US Dollar (USD). The earlier Bank of England (BoE) interest rate decision brought no change to interest...
Rising UK Factory Orders Push Pound Sterling to US Dollar Exchange Rate (GBP/USD) Up 0.3%. Published: 20 Jun at 5 PM
Pound Sterling to US Dollar (GBP/USD) Exchange Rate Rises on Strong UK Industrial Data The Pound (GBP) has made a minor advance against the US Dollar (USD) today, thanks to better-than-expected UK industrial orders figures. Confederation of British Industry (CBI) stats for June have shown growth during the month, from a prior -3 point...
British Pound to Japanese Yen Exchange Rate Hits Fortnight Low as Japanese Exports Beat Forecasts Published: 18 Jun at 1 PM
Mixed risk-sentiment and UK economic data have caused fluctuations in the British Pound to Japanese Yen (GBP/JPY) exchange rate in recent weeks, but as trade jitters worsen and Britain’s economic outlook becomes murkier there could be losses ahead. Last week saw GBP/JPY fluctuating broadly. The pair opened the week at 146.80 and closed...

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