Currency News

Daily Exchange Rate Forecasts & Currency News

Currency News: UK daily forex news and forecasts

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

Oil Market Swings Keep Dollar and Pound Sterling on Edge

12 Mar 2026 at 6 PM - Written by Frank Davies

The Pound US Dollar (GBP/USD) exchange rate moved unevenly on Thursday as the escalating crisis in the Middle East continued to inject volatility into global markets. At the time of writing, GBP/USD was trading at $1.3375, having fluctuated throughout the session as shifting risk sentiment influenced the currency pair. The US Dollar moved unevenly as fluctuating market sentiment continued to influence demand for the...

CATEGORIES: Pound Dollar Forecasts

Pound to Euro Near €1.16 as Oil Prices Rise

12 Mar 2026 at 5 PM - Written by David Woodsmith

The Pound to Euro (GBP/EUR) exchange rate remained largely flat on Thursday as renewed gains in global oil prices once again shaped market sentiment. At the time of writing, GBP/EUR was trading close to €1.1587, little changed from the start of Thursday’s session. The Euro struggled to gain momentum as the renewed rise in oil prices weighed on investor confidence. Energy markets were unsettled after reports that...

CATEGORIES: Pound Euro Forecasts

Pound Sterling to Dollar Forecast: GBP Held Below 1.35 by Iran War

12 Mar 2026 at 9 AM - Written by David Woodsmith

The Pound to Dollar exchange rate (GBP/USD) struggled to regain the 1.3500 level, holding near 1.3430 as currency markets remained dominated by developments surrounding the Iran conflict and volatile energy prices. Despite bouts of Sterling resilience, uncertainty over oil supply routes through the Strait of Hormuz and the inflationary impact of higher energy costs continue to underpin the US dollar and limit upside for...

CATEGORIES: Pound Dollar Forecasts

Pound-to-Euro Forecast: GBP/USD Tests 1.16 Resistance as Bond Yields Surge

12 Mar 2026 at 9 AM - Written by Tim Boyer

The Pound to Euro exchange rate (GBP/EUR) remained firm near 1.1575, hovering close to five-week highs, as rising UK bond yields and shifting Bank of England policy expectations continued to underpin Sterling. Markets have rapidly scaled back expectations of near-term rate cuts following the recent surge in energy prices, helping the Pound outperform even as equities weaken and speculation grows that the European Central...

CATEGORIES: Pound Euro Forecasts

GBP/USD Forecast: Pound Sterling Slips as US Inflation Holds Firm

11 Mar 2026 at 8 PM - Written by Tim Boyer

The Pound to US Dollar (GBP/USD) exchange rate drifted lower on Wednesday following the release of the latest US inflation data. At the time of writing, GBP/USD was trading near $1.3392, down roughly 0.2% from the start of the session. The US Dollar gained modest ground after the publication of the newest US consumer price index figures. Data released by the US Bureau of Labor Statistics showed that headline inflation...

CATEGORIES: Pound Dollar Forecasts

Pound Euro Climbs as Conflict Risks Weigh on EUR

11 Mar 2026 at 7 PM - Written by Frank Davies

The Pound Euro (GBP/EUR) exchange rate advanced on Wednesday as renewed concern over the Middle East crisis, and its impact on global energy prices, undermined the single currency. At the time of writing, GBP/EUR was trading at €1.1579, its strongest level in five weeks and up roughly 0.2% on the day. The Euro weakened as a fresh wave of anxiety surrounding the Middle East conflict weighed on the single...

CATEGORIES: Pound Euro Forecasts

British Pound to Euro Forecast: GBP Gains as BoE Cut Bets Fade

11 Mar 2026 at 4 PM - Written by Tim Boyer

The Pound to Euro exchange rate (GBP/EUR) has held firm near 1.1550, close to 10-day highs, as rising UK bond yields and a sharp repricing of Bank of England policy expectations supported Sterling. Markets have rapidly scaled back expectations for near-term rate cuts following the recent surge in energy prices, helping the Pound outperform despite ongoing concerns over weak UK growth and subdued consumer...

CATEGORIES: Pound Euro Forecasts

Pound to Dollar Forecast: GBP Jumps to 10 Day Highs as Oil Prices Slide

11 Mar 2026 at 4 PM - Written by David Woodsmith

The Pound to Dollar exchange rate (GBP/USD) surged to 10-day highs above 1.3480 as a sharp correction in global oil prices improved risk sentiment and curbed safe-haven demand for the US dollar. Sterling benefited from easing energy fears after comments from US President Donald Trump suggesting the Iran conflict could end soon, while a strong rally in UK government bonds also helped stabilise the Pound after recent...

CATEGORIES: Pound Dollar Forecasts

Pound Sterling Higher as Trump Signals Conflict Could End Soon

10 Mar 2026 at 7 PM - Written by Frank Davies

The Pound to US Dollar (GBP/USD) exchange rate strengthened on Tuesday as markets reacted positively to suggestions the Middle East conflict could soon wind down. At the time of writing, GBP/USD was trading around $1.3331, roughly 0.2% higher than the day’s opening level. The US Dollar slipped after comments from President Donald Trump hinted that hostilities with Iran may soon draw to a close, helping lift global...

CATEGORIES: Pound Dollar Forecasts

Pound-Euro Steady as Markets Eye Possible Middle East De-Escalation

10 Mar 2026 at 6 PM - Written by David Woodsmith

The Pound Euro (GBP/EUR) exchange rate briefly climbed to a near five-week high on Tuesday, but ultimately traded in a narrow range as markets digested weak German data while weighing hopes that the conflict in Iran could soon draw to a close. At the time of writing, GBP/EUR was trading at €1.1549, after earlier rising to a session high of €1.1567. The Euro came under pressure early following the release of...

CATEGORIES: Pound Euro Forecasts