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
Pound Sterling Secures Five-Month Best Against Euro
3 Feb 2026 at 5 PM - Written by Tim Boyer
STORY LINK Pound Sterling Secures Five-Month Best Against Euro
The Pound to Euro exchange rate (GBP/EUR) held close to a five-month high on Tuesday, with the pair trading in a narrow range as a lack of fresh data left markets without a clear directional cue.
At the time of writing, GBP/EUR was trading at €1.1581, marginally below Monday’s overnight peak of €1.1591.
The Euro struggled to regain momentum during the session, remaining on the back foot after a lacklustre start to...
CATEGORIES: Pound Euro Forecasts
GBP/USD Forecast: Pound Sterling Steady Near $1.37 Ahead of BoE
3 Feb 2026 at 5 PM - Written by Frank Davies
STORY LINK GBP/USD Forecast: Pound Sterling Steady Near $1.37 Ahead of BoE
The Pound to US Dollar exchange rate (GBP/USD) traded sideways on Tuesday, with limited conviction on either side as a partial US government shutdown disrupted the flow of economic data.
At the time of writing, GBP/USD was hovering around $1.3667, little changed from the opening levels of the session.
The US Dollar (USD) struggled to gain momentum after confirmation that January’s key labour market releases would be...
CATEGORIES: Pound Dollar Forecasts
British Pound to Euro Forecast: Best EUR Buyer Rates in Months
3 Feb 2026 at 9 AM - Written by David Woodsmith
STORY LINK British Pound to Euro Forecast: Best EUR Buyer Rates in Months
The Pound to Euro exchange rate (GBP/EUR) climbed to fresh multi-month highs above 1.1550 as improving global risk appetite supported Sterling and pressured the single currency in broader markets.
These conversion levels offer some of the best rates for euro buyers in months, particularly for those planning international transfers or large currency exchanges.
GBP/EUR Forecasts: Above 1.1550
The Pound to Euro (GBP/EUR)...
CATEGORIES: Pound Euro Forecasts
Pound Sterling to Dollar Forecast: GBP Jumps, Fed Independence Fears Hit USD
3 Feb 2026 at 9 AM - Written by Frank Davies
STORY LINK Pound Sterling to Dollar Forecast: GBP Jumps, Fed Independence Fears Hit USD
The Pound to Dollar exchange rate (GBP/USD) has seen a dramatic surge in volatility after racing to four-year highs above 1.38 before pulling back sharply as the US dollar attempted to stabilise.
Conflicting signals over US currency policy, Federal Reserve independence and the nomination of Kevin Warsh as the next Fed Chair have left markets sharply divided on whether GBP/USD is heading for 1.40 or a deeper...
CATEGORIES: Pound Dollar Forecasts
GBP/USD Forecast: Pound Sterling Lacks Momentum Ahead of US Jobs
2 Feb 2026 at 9 PM - Written by Ben Hughes
STORY LINK GBP/USD Forecast: Pound Sterling Lacks Momentum Ahead of US Jobs
The Pound to US Dollar exchange rate (GBP/USD) traded in a narrow range on Monday, with an upbeat revision to the UK’s final manufacturing PMI failing to generate meaningful momentum for Sterling.
At the time of writing, GBP/USD was trading at $1.3699, edging only marginally above opening levels as markets largely shrugged off the data.
The US Dollar (USD) was broadly steady at the start of the week, pausing after the...
CATEGORIES: Pound Dollar Forecasts
Pound to Euro Rate Holds Near €1.15 on Strong UK PMI
2 Feb 2026 at 8 PM - Written by David Woodsmith
STORY LINK Pound to Euro Rate Holds Near €1.15 on Strong UK PMI
The Pound to Euro exchange rate (GBP/EUR) opened the week on a firmer footing, drawing modest support from stronger-than-expected UK manufacturing data.
At the time of writing, GBP/EUR was trading close to €1.1549, edging higher from Monday’s opening levels and holding near recent highs.
The Pound (GBP) attracted support after the release of the UK’s latest manufacturing PMI figures. Finalised January data showed...
CATEGORIES: Pound Euro Forecasts
Euro to Dollar Forecast: Fed Credibility Tested as EUR/USD Volatility Surges
2 Feb 2026 at 9 AM - Written by Frank Davies
STORY LINK Euro to Dollar Forecast: Fed Credibility Tested as EUR/USD Volatility Surges
The Euro to Dollar exchange rate (EUR/USD) has swung sharply around the 1.20 level as markets grapple with Federal Reserve credibility, political pressure on monetary policy, and the fallout from Kevin Warsh’s expected nomination as the next Fed Chair.
While the move briefly stabilised the dollar after a 55-month EUR/USD high, investors remain wary that lingering policy uncertainty could reignite dollar...
CATEGORIES: Euro Dollar Forecasts
Pound to Dollar Week Ahead Forecast: 1.40 Back in Focus
2 Feb 2026 at 7 AM - Written by Ben Hughes
STORY LINK Pound to Dollar Week Ahead Forecast: 1.40 Back in Focus
The Pound to Dollar exchange rate (GBP/USD) has seen a dramatic surge in volatility after racing to four-year highs above 1.38 before pulling back sharply as the US dollar attempted to stabilise.
Conflicting signals over US currency policy, Federal Reserve independence and the nomination of Kevin Warsh as the next Fed Chair have left markets sharply divided on whether GBP/USD is heading for 1.40 or a deeper...
CATEGORIES: Pound Dollar Forecasts
Pound to Euro Week Ahead Forecast: GBP Resilient, EUR Structural Edge
2 Feb 2026 at 7 AM - Written by David Woodsmith
STORY LINK Pound to Euro Week Ahead Forecast: GBP Resilient, EUR Structural Edge
The Pound to Euro exchange rate (GBP/EUR) is holding near 1.1540, but major banks warn that strong underlying euro demand driven by de-dollarisation flows and weaker UK fundamentals could push the pair sharply lower in the coming months.
GBP/EUR Forecasts: Euro power?
Nomura is forecasting renewed Pound to Euro (GBP/EUR) exchange rate losses over the next few months with a target of 1.1170 by the end of April.
BNP...
CATEGORIES: Pound Euro Forecasts
Pound to Dollar Forecast 2026: USD Rebounds as Warsh Pick Halts GBP Rally
1 Feb 2026 at 10 AM - Written by Frank Davies
STORY LINK Pound to Dollar Forecast 2026: USD Rebounds as Warsh Pick Halts GBP Rally
The Pound to Dollar exchange rate (GBP/USD) has retreated from 4-year highs after the dollar staged a rebound on speculation that Kevin Warsh will be nominated as the next Federal Reserve Chair, easing fears over political interference and triggering sharp position unwinds across FX and precious metals.
GBP/USD Forecasts: Retreat from 4-Year Highs
The dollar has been under strong pressure for much of the week, but staged...
CATEGORIES: Pound Dollar Forecasts