Currency News: UK daily forex news and forecasts

The Pound to US Dollar exchange rate (GBP/USD) found modest support at the start of the week, with the pair steadying as doubts over the outlook for US employment weighed on the Dollar. At the time of writing, GBP/USD was trading close to $1.3652, up around 0.3% from Monday’s opening levels as investors grew increasingly cautious ahead of key US labour market data. The US Dollar struggled to find momentum as confidence...

The Pound to Euro exchange rate (GBP/EUR) opened the week on the back foot, with mounting political uncertainty in the UK weighing on demand for Sterling. At the time of writing, GBP/EUR was trading close to €1.1471, marking a decline of around 0.4% from Monday’s opening levels and pushing the pair back towards recent lows. Sterling came under pressure after fresh signs of instability within the UK government...

The Euro to Dollar exchange rate (EUR/USD) is being driven almost entirely by Federal Reserve expectations, with investors reassessing the outlook for US rate cuts amid mixed labour-market signals, political uncertainty and growing scrutiny of the Fed’s next leadership. After a sharp pullback from recent highs, EUR/USD has stabilised below 1.18 as markets weigh weakening US jobs data against the risk of a dollar rebound,...

The Pound to Dollar exchange rate (GBP/USD) is being driven increasingly by political risk and central-bank uncertainty, with renewed pressure on Sterling following a knife-edge Bank of England vote and growing speculation over UK leadership stability. While the dollar has stabilised after fears of debasement faded, a divided BoE and rising expectations of near-term rate cuts are leaving GBP/USD vulnerable, particularly if...

The Pound to Euro exchange rate (GBP/EUR) lost momentum after a dovish Bank of England decision reinforced expectations for earlier rate cuts, while renewed political uncertainty in the UK has revived downside risks for Sterling against the single currency. A narrow BoE vote split, softening labour-market signals and fresh pressure on Prime Minister Starmer have shifted near-term focus back to policy divergence, leaving...

The Pound to Dollar exchange rate (GBP/USD) has come under renewed pressure as a knife-edge Bank of England decision collides with rising UK political uncertainty, reviving downside risks for Sterling just as markets begin to price earlier interest-rate cuts. A sharply divided Monetary Policy Committee and leadership speculation surrounding Prime Minister Starmer have unsettled investors, leaving GBP/USD vulnerable near key...

The Pound to Euro exchange rate (GBP/EUR) has reversed sharply from recent highs as renewed UK political instability unsettles markets, overshadowing the Bank of England’s policy decision and reviving concerns over fiscal credibility and leadership risk. Sterling’s slide reflects growing investor unease that domestic political fallout could reintroduce volatility just as markets were starting to price a steadier...

The Pound to Euro exchange rate (GBP/EUR) slid sharply on Thursday, falling to a nine-day low as investors reacted to the latest interest rate decisions from the Bank of England (BoE) and the European Central Bank (ECB). At the time of writing, GBP/EUR was trading near €1.1470, down almost 0.8% on the day. Sterling came under heavy pressure after the Bank of England revealed a far more divided Monetary Policy Committee...

The Pound to US Dollar exchange rate (GBP/USD) sold off sharply on Thursday as markets digested the Bank of England’s latest policy decision, which was viewed as more dovish than expected. At the time of writing, GBP/USD was trading near $1.3570, marking a decline of around 0.6% from the start of the day’s session. Sterling came under sustained pressure after the Bank of England left interest rates unchanged at its...

The Pound to Dollar exchange rate (GBP/USD) is consolidating near 1.37 as easing global market panic and stabilising US dollar sentiment curb Sterling’s rally, with traders now turning their focus to the Bank of England interest rate decision and evolving Federal Reserve policy expectations. GBP/USD Forecasts: Consolidation Near 1.3700 The Pound to Dollar (GBP/USD) exchange rate has been held in narrow ranges on...