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

GBP/ZAR Market Update: Pound to Rand Exchange Rate Breaks Downwards

Foreign Currency Market Update – GBP / ZAR Update The final stretch of last week’s session saw the Pound South African Rand exchange rate break downwards to its lowest level this year. The move was largely driven by improved investor sentiment which favoured the risk-dependent Rand. Friday’s Asian session brought the surprise announcement from the People’s Bank... Read more
Exchange Rate Forecast

Sterling Ticks Higher Against US Dollar

Headlines BoE’s Carney warns of low inflation – Says rates will rise gradually in the future. Upbeat German GDP stats boost Euro – Q3 growth confirmed at just 0.1%. Pound up vs. US Dollar – Despite upgrade to Q3 US GDP. RBA’s Lowe says ‘Aussie’ too high – Sends GBP/AUD 2 cents higher. Sterling The Pound drifted slightly higher... Read more
Exchange Rate Forecast

Pound Rallies Vs. Commodity Currencies

Headlines BoE’s Carney to speak this morning – Markets envisage neutral statement. Sturdy German IFO boosts Euro – First rise since April. ECB’s Weidmann questions legality of QE – ECB’s Coeurè calls for QE discussion. GBP/USD up half a cent – US Q3 GDP revision on tap. Sterling The main thing to look out for today, in relation to... 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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