Currency News: UK daily forex news and forecasts
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Pound-to-Euro Forecast: GBP Lags EUR as Yield Spreads Narrow
12 Dec 2025 at 10 AM - Written by David Woodsmith
STORY LINK Pound-to-Euro Forecast: GBP Lags EUR as Yield Spreads Narrow
The Pound to Euro exchange rate (GBP/EUR) fell back to trade around 1.13891 ahead of the weekend.
Friday's session saw the Euro outperform Sterling ahead of next week’s BoE and ECB decisions.
With markets confident the BoE will cut to 3.75% and increasingly sceptical of any further ECB easing, narrowing yield spreads continue to pressure Sterling.
Weak UK GDP data on Friday could add to the downside risk for...
CATEGORIES: Pound Euro Forecasts
British Pound to Dollar Forecast: GBP/USD Holds 1.34 Despite UK Recession Fears
12 Dec 2025 at 10 AM - Written by Tim Boyer
STORY LINK British Pound to Dollar Forecast: GBP/USD Holds 1.34 Despite UK Recession Fears
The British Pound to Dollar exchange rate (GBP/USD) eased to around 1.338 as markets digested a shock 0.1% contraction in UK GDP for October, marking a second straight monthly decline.
The data undercut recent Pound Sterling optimism and reinforced expectations of a BoE rate cut next week.
Sterling’s ability to stabilise now hinges on whether continued US Dollar weakness can offset deepening UK growth...
CATEGORIES: Pound Dollar Forecasts
Pound-to-Euro Retreats Slips as Fed Dovish Shift Lifts EUR
11 Dec 2025 at 7 PM - Written by David Woodsmith
STORY LINK Pound-to-Euro Retreats Slips as Fed Dovish Shift Lifts EUR
The Pound-to-Euro exchange rate (GBP/EUR) slipped to an eight-day low on Thursday as the Federal Reserve’s policy shift reverberated across global currency markets.
At the time of writing, GBP/EUR was trading around €1.1418, having recovered slightly from its earlier trough of €1.1414.
The Euro (EUR) found renewed support on Thursday as its inverse relationship with the US Dollar (USD) came back into play.
The...
CATEGORIES: Pound Euro Forecasts
GBP to USD Forecast: Pound Sterling Softens on UK Economic Concerns
11 Dec 2025 at 7 PM - Written by Tim Boyer
STORY LINK GBP to USD Forecast: Pound Sterling Softens on UK Economic Concerns
The Pound to US Dollar exchange rate (GBP/USD) pulled back from a one-month peak on Thursday as volatility picked up following the Federal Reserve’s final policy decision of 2025.
At the time of writing, GBP/USD was hovering around $1.3358, roughly 0.2% below the day’s opening levels.
The US Dollar (USD) saw sharp, uneven swings on Thursday as markets attempted to digest the Fed’s December rate cut.
As widely...
CATEGORIES: Pound Dollar Forecasts
Euro to Dollar Forecast: EUR/USD Jumps to 7-Week Best as Fed Divisions Deepen
11 Dec 2025 at 4 PM - Written by Frank Davies
STORY LINK Euro to Dollar Forecast: EUR/USD Jumps to 7-Week Best as Fed Divisions Deepen
The Euro to Dollar exchange rate (EUR/USD) surged above 1.17 after the Fed’s divided rate cut unsettled the dollar, despite markets expecting a hawkish message from Powell.
ING sees scope for consolidation in the high 1.16s unless US jobs data softens or the ECB upgrades growth forecasts next week.
Longer-term projections still lean Euro-positive, with some banks targeting 1.24 into 2026.
EUR/USD Forecasts: 7-Week...
CATEGORIES: Euro Dollar Forecasts
Pound-to-Euro Forecast: GBP Eases with Tight BoE Vote Near-Term Risk
11 Dec 2025 at 7 AM - Written by Ben Hughes
STORY LINK Pound-to-Euro Forecast: GBP Eases with Tight BoE Vote Near-Term Risk
The Pound to Euro exchange rate (GBP/EUR) drifted to around 1.1440 as a divided BoE kept traders wary ahead of next week’s rate decision.
With several MPC members signalling caution and a tight vote likely, Sterling sentiment remains fragile.
Euro support has firmed on more hawkish ECB rhetoric, further limiting upside for the British Pound.
GBP/EUR Forecasts: Sterling Drifts Lower
The GBP to EUR exchange rate...
CATEGORIES: Pound Euro Forecasts
Pound to Dollar Rate JUMPS as FED to Pause After Today's Rate Cut
10 Dec 2025 at 6 PM - Written by David Woodsmith
STORY LINK Pound to Dollar Rate JUMPS as FED to Pause After Today's Rate Cut
The Pound to Dollar exchange rate (GBP/USD) rallied to 1.33828 on Wednesday after the Fed cut rates by 25bps but signalled a higher bar for further easing, according to Wells Fargo. "The FOMC reduced the fed funds target range and signaled that additional easing will face a higher bar at its next meeting."
Despite hawkish dissents, Wells Fargo notes the Fed still maintains an easing bias into 2025, with its policy-rate...
CATEGORIES: Pound Dollar Forecasts
Pound Sterling to Euro Forecast: EUR Wobbles as USD Shifts
10 Dec 2025 at 5 PM - Written by James Fuller
STORY LINK Pound Sterling to Euro Forecast: EUR Wobbles as USD Shifts
The Pound to Euro exchange rate (GBP/EUR) wavered on Wednesday as a lack of fresh UK and Eurozone data left the pairing drifting without a clear directional driver.
At the time of writing, GBP/EUR was trading at €1.1440, virtually unchanged from its opening levels.
The Euro (EUR) opened Wednesday on a firmer footing, benefiting from its strong inverse correlation with a softening US Dollar (USD). As the ‘Greenback’...
CATEGORIES: Pound Euro Forecasts
Pound to Dollar Price Forecast: GBP Steady with "Dots to Dictate Reaction"
10 Dec 2025 at 5 PM - Written by Frank Davies
STORY LINK Pound to Dollar Price Forecast: GBP Steady with "Dots to Dictate Reaction"
The Pound to Dollar exchange rate (GBP/USD) traded steadily above $1.33 on Wednesday as markets positioned themselves ahead of the Federal Reserve’s final interest rate decision of the year.
At the time of writing, GBP/USD was trading near $1.3310, almost unchanged from the start of the session.
The US Dollar (USD) was muted through Wednesday’s European trade as investors assessed the likely outcome of the Federal...
CATEGORIES: Pound Dollar Forecasts
British Pound-to-Dollar Forecast: GBP Struggles to Hold 1.33 Ahead of Fed
10 Dec 2025 at 11 AM - Written by David Woodsmith
STORY LINK British Pound-to-Dollar Forecast: GBP Struggles to Hold 1.33 Ahead of Fed
The Pound to Dollar exchange rate (GBP/USD) drifted toward 1.3315 as markets turned cautious ahead of the Fed decision and doubts emerged over how far US rates can fall next year.
Support above 1.33 looks fragile, especially if Powell delivers a hawkish tone alongside an expected cut.
With a BoE move also priced in for next week, direction now hinges on central-bank messaging.
GBP/USD Forecasts: Battles to Hold...
CATEGORIES: Pound Dollar Forecasts