Currency News: UK daily forex news and forecasts
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Latest Currency News Headlines
British Pound-to-Euro Forecast: GBP Sinks Below 1.14 on Fiscal and Policy Jitters
4 Nov 2025 at 5 PM - Written by Frank Davies
STORY LINK British Pound-to-Euro Forecast: GBP Sinks Below 1.14 on Fiscal and Policy Jitters
The Pound to Euro (GBP/EUR) exchange rate extended losses on Tuesday, slipping back below 1.1400 as Chancellor Rachel Reeves’ pre-Budget warning of tax hikes fuelled a surge in Bank of England rate-cut speculation and renewed selling pressure on Sterling.
GBP/EUR Forecasts: Close to 6-Month Lows
Confirmation of tax hikes in this month’s budget and a fresh surge in speculation over Bank of England (BoE) rate cuts this...
CATEGORIES: Pound Euro Forecasts
Pound Sterling to Dollar Forecast: GBP/USD Dips as Reeves Warns of Tax Hikes
4 Nov 2025 at 5 PM - Written by David Woodsmith
STORY LINK Pound Sterling to Dollar Forecast: GBP/USD Dips as Reeves Warns of Tax Hikes
The Pound to Dollar exchange rate (GBP/USD) slipped below the 1.3100 level to hit fresh 6-month lows near 1.3070.
GBP was undermined on Tuesday by a clear warning from Chancellor Reeves that taxes will be increased this month.
There was also increased speculation over further Bank of England rate cuts this year with Sterling also undermined by weaker equity markets.
GBP/USD Forecasts: 6-month lows
There is notable...
CATEGORIES: Pound Dollar Forecasts
Pound to Dollar Forecast: GBP/USD Vulnerable as BoE Cut Bets Build
3 Nov 2025 at 10 PM - Written by Tim Boyer
STORY LINK Pound to Dollar Forecast: GBP/USD Vulnerable as BoE Cut Bets Build
The Pound to US Dollar (GBP/USD) exchange rate weakened on Monday amid mixed central bank rhetoric, despite a broadly upbeat tone across global markets.
At the time of writing, GBP/USD was trading around $1.3121, down roughly 0.2% from Monday’s opening levels.
The Pound (GBP) struggled to find direction through the session, as fresh concerns over potential Bank of England (BoE) interest rate cuts continued to weigh on...
CATEGORIES: Pound Dollar Forecasts
Pound to Euro Soft into BoE
3 Nov 2025 at 10 PM - Written by David Woodsmith
STORY LINK Pound to Euro Soft into BoE
The Pound Euro (GBP/EUR) exchange rate was little changed on Monday as traders weighed mounting Bank of England (BoE) rate cut speculation against a broadly upbeat global risk backdrop.
At the time of writing, GBP/EUR was trading around €1.1396, flat on the day after fluctuating within a narrow range during the European session.
The Pound (GBP) struggled to gain traction on Monday as investors digested growing...
CATEGORIES: Pound Euro Forecasts
Euro to Dollar Price Forecast: EUR/USD Testing Key 1.15 Area
3 Nov 2025 at 2 PM - Written by Ben Hughes
STORY LINK Euro to Dollar Price Forecast: EUR/USD Testing Key 1.15 Area
The Euro to Dollar (EUR/USD) exchange rate has failed to gain any traction in global markets and has retreated to 3-month lows just above the 1.1500 level before stabilising.
UoB sees scope for a limited correction; “While further EUR weakness is not ruled out, positive divergence is forming on momentum indicators and any decline is unlikely to threaten 1.1490 today.”
According to ING; “We suspect that 1.1500 could...
CATEGORIES: Euro Dollar Forecasts
Pound Sterling to Dollar Forecast: USD Firm, GBP Awaits BoE Clarity
3 Nov 2025 at 2 PM - Written by Frank Davies
STORY LINK Pound Sterling to Dollar Forecast: USD Firm, GBP Awaits BoE Clarity
The Pound to Dollar exchange rate (GBP/USD) remains pinned near six-month lows, trading around 1.3130 as investors continue to favour the dollar amid fading expectations of another Federal Reserve rate cut in December.
GBP/USD Forecasts: Close to 6-Month Lows
The Pound-to-Dollar rate dipped further to 6-month lows at the 1.3100 level on Friday before a slight recovery to 1.3130 on Monday.
The dollar has maintained a...
CATEGORIES: Pound Dollar Forecasts
British Pound to Euro Forecast: Market Braces for BoE as Sterling Sub-1.14
3 Nov 2025 at 2 PM - Written by David Woodsmith
STORY LINK British Pound to Euro Forecast: Market Braces for BoE as Sterling Sub-1.14
The Pound to Euro (GBP/EUR) exchange rate has stabilised just below 1.1400 after falling to 30-month lows last week, as traders turn their focus to Thursday’s Bank of England policy announcement that could define Sterling’s near-term path.
GBP/EUR Forecasts: Holds Above 30-Month Lows
After sliding to a 30-month low close to 1.1340 last week, the Pound to Euro rate has clawed back losses to trade just below the 1.1400...
CATEGORIES: Pound Euro Forecasts
Pound to Dollar Price Forecast: GBP May Rebound as USD Nears Peak
3 Nov 2025 at 7 AM - Written by David Woodsmith
STORY LINK Pound to Dollar Price Forecast: GBP May Rebound as USD Nears Peak
The Pound-to-Dollar exchange rate (GBP/USD) fell sharply this week as diverging central bank expectations and renewed fiscal anxiety dragged on Sterling sentiment.
At the time of writing, GBP/USD was trading around $1.3140, having rebounded modestly from six-month lows near $1.3100 earlier in the week.
Mounting concerns over UK fundamentals combined with a firmer US Dollar following the latest Federal Reserve rate...
CATEGORIES: Pound Dollar Forecasts
Pound-to-Euro Week Ahead Forecast: Analysts Tip 1.11 as BoE Cut Looms
2 Nov 2025 at 7 PM - Written by Ben Hughes
STORY LINK Pound-to-Euro Week Ahead Forecast: Analysts Tip 1.11 as BoE Cut Looms
The Pound to Euro exchange rate (GBP/EUR) endured another volatile week as markets braced for what could be one of the most pivotal Bank of England (BoE) decisions in years.
At the time of writing, GBP/EUR was hovering around €1.1400, having briefly touched 30-month lows near €1.1340 earlier in the week.
Mounting fiscal unease and renewed expectations of a BoE rate cut weighed heavily on Sterling sentiment, with...
CATEGORIES: Pound Euro Forecasts
Pound to Dollar Price Forecast: USD Steady after Powell Damps Rate Cut Hopes
31 Oct 2025 at 7 AM - Written by Frank Davies
STORY LINK Pound to Dollar Price Forecast: USD Steady after Powell Damps Rate Cut Hopes
Pound Sterling Muted despite Hawkish Fed Comments
The Pound US Dollar (GBP/USD) exchange rate traded broadly sideways on Thursday as investors digested the Federal Reserve’s latest policy decision and assessed its implications for future rate cuts.
The US Dollar (USD) held firm following Wednesday night’s Federal Reserve interest rate cut, with policymakers opting for a widely expected 25-basis-point...
CATEGORIES: Pound Dollar Forecasts