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

Daily Insight: Sterling down on BoE Minutes

Headlines • Sterling down on BoE Minutes – slack in labour market concerns some policymakers. • UK budget deficit sinks to post-crisis low – CBI Manufacturing optimism strikes 40-yr high. • Eurozone PMI boosts single currency – ECB’s Nowotny denies deflation threat. • GBP/USD down -0.5 cents – RBNZ hikes interest rates to 3%. Sterling Markets were underwhelmed by the Bank... Read more
Exchange Rate Forecast

GBP CAD Market Update: Support for the troubled Canadian Dollar has waned over the past week

Foreign Currency Market Update – GBP / CAD Update Support for the troubled Canadian Dollar has waned over the past seven days, sending the GBP CAD exchange rate to a fresh one-month high of 1.8573 during late trading yesterday. Last Wednesday’s Bank of Canada policy decision saw the North American central bank maintain its key lending... Read more
Exchange Rate Forecast

Daily Insight: Sterling sentiment strong as GBP/EUR hits monthly high

Headlines • Corporate deals boost Pound – BoE Minutes on tap. • GBP/EUR at monthly high – Sterling sentiment strong. • Cable close to 4-yr high – US Fed index rebounds to +7. • RNBZ rate hike expected – 25bps rise to 3%. Sterling A flurry of pharmaceutical mergers and acquisitions buoyed markets yesterday and helped the Pound remain strong as... 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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