Exchange Rate Forecasts

The TorFX blog provides analysis the currency exchange rates on a daily basis to help keep our avid blog readers up to date with the latest currency news. By keeping our readers updated, we can enable them to take full advantage of the current exchange rate trends, helping them to achieve the best currency exchange rates when they decide to trade their chosen currency.
Personal Foreign Exchange Rates

Euro Exchange Rate

One of the most popular categories in the TorFX exchange rate blog is the euro exchange rate forecasts. We supply a weekly currency report which includes a currency conversion chart, this currency report highlights the main technical analysis of trends in the market and includes suggestions to help reduce risk and maximise opportunity to those hoping to make a currency trade.

Business Foreign Exchange

Exchange Rates

A market based currency exchange rate is determined by the values of its two component currencies, for example the GBP/US Dollar exchange rate is determined by the value of GBP (Sterling) and the value of the US Dollar. These two values are constantly changing which means that the GBP/US Dollar exchange rate is also constantly fluctuating. Here at TorFX we analyse these fluctuations on a daily basis, we also look out for data due to be released which may cause significant changes to the currency exchange rates.

Most Recent Posts

Exchange Rate Forecast

Upbeat Retail Sales Support Sterling

Headlines UK retail sales impress – 0.8% print beats forecasts of 0.3%, sends Sterling higher. German manufacturing stagnates – Eurozone PMI sinks to 16-month low. GBP/USD up slightly – US inflation sturdy, manufacturing slows. Canadian Dollar rallies on wholesale sales data – Canadian CPI inflation on tap. Sterling The Pound enjoyed another sanguine trading session yesterday. The world’s oldest... Read more
Exchange Rate Forecast

GBP ZAR Update: The Pound South African Rand exchange rate plunged

Foreign Currency Market Update – GBP / ZAR Update The Pound South African Rand exchange rate plunged to its lowest level since New Year’s Eve during yesterday’s session as investors continued to shift out of Sterling-denominated assets. The pair’s downward move to 17.1616 was largely driven by continued weakness for the UK tender as market participants... Read more
Exchange Rate Forecast

Mildly Encouraging BoE Minutes Report Lifts Pound

Headlines BoE minutes reveal split in MPC outlook – Some policymakers see spare capacity eroding quickly. Pound rallies across the board – Slightly better rate hike outlook. GBP/EUR up by a third of a cent – EZ PMIs on tap. Limited volatility following Fed minutes – Lively debate over interest rates. Sterling After a harrowing seven days, there was... Read more

Currency Conversion Chart

A great way to keep track of fluctuations in the exchange rates market is by using a Currency Conversion Chart. With our currency updates we supply conversion price charts which show current and historical rates. Along with these charts we analyse and explain what caused the market changes.

Here is an example of a typical currency conversion chart for GBP/EUR;

Foreign Exchange Forecast Chart

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