Currency News: UK daily forex news and forecasts
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Latest Currency News Headlines
Pound to Dollar Forecast: USD Slides as GBP Targets 1.35
3 Nov 2026 at 5 PM - Written by David Woodsmith
STORY LINK Pound to Dollar Forecast: USD Slides as GBP Targets 1.35
The Pound to Dollar exchange rate (GBP/USD) climbed to six-week highs near 1.3450 as a sharp fall in oil prices and lower US Treasury yields undermined Dollar demand.
Pound Sterling also benefited from expectations of a Bank of England rate hike this week, while investors remain alert to the US midterm elections and the risk of further weakness in technology shares.
GBP/USD Forecasts: 6-Week Highs
The Pound held...
CATEGORIES: Pound Dollar Forecasts
British Pound to Euro Forecast: GBP Slips Below 1.20 as Oil Prices Ease
3 Nov 2026 at 5 PM - Written by James Fuller
STORY LINK British Pound to Euro Forecast: GBP Slips Below 1.20 as Oil Prices Ease
The Pound to Euro exchange rate (GBP/EUR) retreated from 17-month highs above 1.2000 to around 1.1960 as lower oil prices provided some relief for the Euro and investors took profits following Sterling's recent rally.
The Pound remains supported by expectations of a Bank of England rate hike this week, although analysts warn that stretched positioning could leave GBP/EUR vulnerable to further consolidation.
GBP/EUR...
CATEGORIES: Pound Euro Forecasts
Pound to Dollar Hits Best Exchange Rate in Six Weeks as US Elections Loom
2 Nov 2026 at 8 PM - Written by David Woodsmith
STORY LINK Pound to Dollar Hits Best Exchange Rate in Six Weeks as US Elections Loom
The Pound to US Dollar (GBP/USD) exchange rate climbed to a six-week high on Monday as uncertainty ahead of the US mid-term elections weighed on the 'Greenback'.
Having retreated from its earlier peak, GBP/USD was trading at around $1.3420 at the time of writing, still up approximately 0.2% on the day.
The US Dollar (USD) came under pressure at the start of the week as investors grew cautious ahead of Tuesday's...
CATEGORIES: Pound Dollar Forecasts
Pound-to-Euro Slips to €1.1969 ahead of BoE Rate Decision
2 Nov 2026 at 8 PM - Written by James Fuller
STORY LINK Pound-to-Euro Slips to €1.1969 ahead of BoE Rate Decision
The Pound to Euro (GBP/EUR) exchange rate edged lower on Monday as the single currency benefited from improving market sentiment and a weaker US Dollar.
At the time of writing, GBP/EUR was trading at approximately €1.1969, down around 0.3% from Monday's opening levels but remaining close to the psychologically important €1.2000 mark.
The Euro (EUR) strengthened against most major currencies at the start of the week,...
CATEGORIES: Pound Euro Forecasts
Euro to Dollar Forecast: US Midterms Democrat Sweep Put USD at Risk
2 Nov 2026 at 9 AM - Written by Frank Davies
STORY LINK Euro to Dollar Forecast: US Midterms Democrat Sweep Put USD at Risk
The Euro to Dollar exchange rate (EUR/USD) has recovered modestly after falling to 17-month lows near 1.1100, with investors preparing for Tuesday's US midterm elections amid renewed turmoil in energy and technology markets.
Crédit Agricole warns that a Democratic sweep of Congress could weigh on the Dollar, although expectations of further Federal Reserve tightening and persistent French fiscal concerns continue to...
CATEGORIES: Euro Dollar Forecasts
Pound to Euro Week Ahead Forecast: GBP Breaks 1.20 but Banks Warn of Correction
2 Nov 2026 at 7 AM - Written by Frank Davies
STORY LINK Pound to Euro Week Ahead Forecast: GBP Breaks 1.20 but Banks Warn of Correction
The Pound to Euro exchange rate (GBP/EUR) has climbed to 18-month highs above 1.2000, but investment banks warn that Sterling could struggle to extend its gains after this week's Bank of England decision.
Markets are pricing more than four rate hikes over the coming quarters, leaving the Pound vulnerable if policymakers deliver the expected November increase but signal a less aggressive tightening path.
GBP/EUR...
CATEGORIES: Pound Euro Forecasts
Pound to Dollar Forecast: BoE Rate Hike Looms, US Midterms Threaten Volatility
2 Nov 2026 at 6 AM - Written by James Fuller
STORY LINK Pound to Dollar Forecast: BoE Rate Hike Looms, US Midterms Threaten Volatility
The Pound to Dollar exchange rate (GBP/USD) has held close to 1.3400 as Sterling's high-yield appeal continues to provide support despite renewed weakness in global equities.
The Pound now faces a series of important tests, including this week's Bank of England decision and US midterm elections, while concerns over an AI-driven stock-market correction threaten to undermine the Dollar's traditional safe-haven...
CATEGORIES: Pound Dollar Forecasts
Pound to Dollar Forecast: GBP Rises as Fed Decision Weakens USD
30 Oct 2026 at 8 AM - Written by David Woodsmith
STORY LINK Pound to Dollar Forecast: GBP Rises as Fed Decision Weakens USD
The Pound to Dollar exchange rate (GBP/USD) climbed towards 1.3370 as Sterling benefited from a calm market reaction to Chancellor John Healey's Budget and a softer US Dollar following the Federal Reserve's latest decision.
The Fed held rates at 4.00%, but Chair Kevin Warsh's relatively measured comments tempered expectations of aggressive tightening, allowing the Pound to extend its recovery from support near...
CATEGORIES: Pound Dollar Forecasts
British Pound to Euro Forecast: Lagarde Resignation Sends GBP to 19-Month High
30 Oct 2026 at 7 AM - Written by James Fuller
STORY LINK British Pound to Euro Forecast: Lagarde Resignation Sends GBP to 19-Month High
The Pound to Euro exchange rate (GBP/EUR) climbed to fresh 19-month highs as the Euro came under pressure following ECB President Christine Lagarde's surprise resignation.
Pound Sterling also benefited from a calm reaction to Chancellor John Healey's Budget, with UK gilt yields edging lower and markets maintaining strong expectations of a Bank of England rate hike next week.
GBP/EUR Forecasts: 19-Month Highs
The...
CATEGORIES: Pound Euro Forecasts
Pound Sterling Forecast: Falling UK Gilt Yields Lift GBP/EUR towards €1.20
29 Oct 2026 at 8 PM - Written by Frank Davies
STORY LINK Pound Sterling Forecast: Falling UK Gilt Yields Lift GBP/EUR towards €1.20
The Pound to Euro (GBP/EUR) exchange rate edged higher on Thursday after the European Central Bank (ECB) left interest rates unchanged and offered little encouragement to investors expecting further monetary tightening.
At the time of writing, GBP/EUR was trading at approximately €1.1963, up modestly from Thursday's opening levels and approaching the psychologically important €1.2000 mark.
The Euro (EUR) weakened...
CATEGORIES: Pound Euro Forecasts