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A round up of the latest Pound Sterling forecast news items from the Currency News desk.

GBP INR Daily Exchange Rate News: Advance seen ahead of Key UK Inflation Figures

13 Feb 2017 at 4 PM - Written by James Fuller

The British Pound to Indian Rupee exchange rate remained weak throughout Tuesday’s European session as the morning’s UK inflation data disappointed Sterling traders. Strong demand for emerging market currencies like the Indian Rupee remained strong throughout the day, even after Federal Reserve interest rate hike bets improved...

CATEGORIES: Pound Sterling Forecasts

Narrowed UK Trade Deficit Failed to Shore up GBP JPY Exchange Rate

10 Feb 2017 at 2 PM - Written by Frank Davies

In spite of December’s UK trade deficit narrowing further than forecast alongside a surge in industrial production figures the Pound Sterling Japanese Yen (GBP JPY) exchange rate remained weak ahead of the weekend. Solid UK Data Struggled to Boost GBP Demand While the UK visible trade balance was found to have narrowed from -11.5...

CATEGORIES: Currency Predictions Japanese Yen Forecasts Pound Sterling Forecasts

GBP/EUR, GBP/USD Boosted; Major Downside Risks Seem Spent

9 Feb 2017 at 1 PM - Written by Frank Davies

The British Pound to Euro exchange rate trended relatively flatly on Friday, while the British Pound to US Dollar exchange rate slipped by around -0.2%. Despite impressive UK trade data and a strong GDP estimate from NIESR, the Pound performed limply throughout the day. The US Dollar failed to capitalise however, as Michigan University’s...

CATEGORIES: Dollar Pound Forecasts Euro Forecasts Euro Pound Forecasts Pound Sterling Forecasts

GBP ZAR Exchange Rate Trends Narrowly Ahead of Zuma State of the Nation Address

8 Feb 2017 at 4 PM - Written by Ben Hughes

The British Pound to South African Rand exchange rate flattened on Thursday afternoon, slumping from its weekly highs due to lower Bank of England (BoE) tightening bets. Investors became less optimistic about the foreseeable future of UK monetary policy once it emerged that BoE hawk Kristin Forbes was stepping down from the Monetary Policy...

CATEGORIES: Pound Rand Forecasts Pound Sterling Forecasts

GBP NZD Exchange Rate to Trend Lower Ahead of RBNZ Decision

7 Feb 2017 at 4 PM - Written by Tim Boyer

The British Pound to New Zealand Dollar exchange rate continued to trend relatively flatly throughout Wednesday afternoon. While the Pound slipped from its best levels later in the day, the weak ‘Kiwi’ was unable to capitalise. Demand for the Pound faded ahead of the UK Parliament’s final vote on Article 50, while the New Zealand...

CATEGORIES: Currency Predictions Pound New Zealand Dollar Forecasts Pound Sterling Forecasts

USD JPY Exchange Rate Drops Following Subdued Fed Meeting

2 Feb 2017 at 1 PM - Written by John Cameron

The USD JPY exchange rate fell to a two-week low this morning as the Federal Reserve voted to leave interest rates unchanged. US Dollar Japanese Yen (USD JPY) Pressured by Dovish Fed Outlook The US Dollar Japanese Yen (USD JPY) exchange rate dipped yesterday following as the Fed meet to discuss it monetary policy. While the odds...

CATEGORIES: Japanese Yen Forecasts Pound Sterling Forecasts

Pound Sterling New Zealand Dollar Exchange Rate Boosted by Higher NZ Unemployment Rate

1 Feb 2017 at 3 PM - Written by David Woodsmith

January’s UK Construction PMI proved disappointing on Thursday morning, leaving the Pound to New Zealand Dollar exchange rate trending lower around 1.7326 as signs continued to point towards rising inflationary pressure. Even so, if the BoE Inflation Report proves to be more hawkish in tone this could see Sterling rally later in the...

CATEGORIES: Currency Predictions New Zealand Dollar Forecasts Pound Sterling Forecasts

Weetabix Announce Price Rise, GBP AUD Exchange Rate Slides

30 Jan 2017 at 2 PM - Written by Frank Davies

The Pound to Australian Dollar made a sturdy recovery from its weekly lows of 1.6446 on Tuesday afternoon. At the time of updating, GBP/AUD was up over 0.2%. Demand for the Australian Dollar plunged on Tuesday afternoon as investors sought out ‘safe haven’ currencies amid fresh Trump jitters. Sterling also strengthened as UK MPs...

CATEGORIES: Australian Dollar Forecasts Pound Sterling Forecasts

British Pound to Swiss Franc Exchange Rate Sturdy Despite Higher Demand for ‘Safe Havens’

26 Jan 2017 at 11 AM - Written by John Cameron

The British Pound to Swiss Franc exchange rate trended near its daily lows on Friday afternoon in the region of 1.2525, but still looked to sustain considerable gains throughout the week as a whole. As trade concerns weighed down other ‘safe haven’ currencies like the US Dollar (USD) and Japanese Yen (JPY), the Swiss Franc was able to...

CATEGORIES: Currency Predictions Pound Sterling Forecasts Pound Swiss Franc Forecasts

Pound Sterling (GBP) to Japanese Yen (JPY) Drops to Lowest Level Since November on Brexit Fears

9 Jan 2017 at 1 PM - Written by John Cameron

The Pound to Japanese Yen exchange rate continued to trend poorly throughout Tuesday’s European session but held above the week’s worst levels in the afternoon. This was partially due to the week’s GBP bearishness fading, but also hope from investors that the opposition Labour party would help the case for Tory backbenchers after...

CATEGORIES: Japanese Yen Forecasts Pound Sterling Forecasts