Pound Sterling forecast page 11 - gbp pound sterling pound sterling
A round up of the latest Pound Sterling forecast news items from the Currency News desk.
GBP EUR Exchange Rate Dips Following Cyprus Bailout Deal
25 Mar 2013 at 9 AM - Written by Ben Hughes
The weekend market shut-down often gives currency market participants pause for reflection and allows the preceding Friday’s global situations to calm down. However, this week’s market close simply allowed the one major pent up potential flashpoint on investors’ minds to increase in gravity. The debt crisis in Cyprus snowballed in...
GBP to EUR Exchange Rate Teeters On The Edge Ahead Of Big Vote; Is Cyprus Euro Exit On The Cards?
22 Mar 2013 at 3 PM - Written by Frank Davies
The waiting game continues. The eurozone’s policymakers have been making public comments throughout this afternoon’s session, as market participants await news from Cyprus. Spain’s policymakers have been at the front of the queue to pass comment on the situation, perhaps because of the Iberian nation’s ongoing struggle with its own...
Pound Euro Exchange Rate (GBP EUR) Hits 6-Week High On Cyprus Fears
22 Mar 2013 at 10 AM - Written by John Cameron
Price action in the global currency markets during today’s session are likely to be dominated by events in Cyprus. Members of Parliament in the debt-troubled Mediterranean state are due to vote on a series of measures designed to raise the finances required in order to secure a much-needed bail-out from Brussels. The situation in Cyprus...
Foreign Currency Prediction For GBP EUR Exchange Rate And USD, NZD Forecasts
21 Mar 2013 at 3 PM - Written by David Woodsmith
The POUND STERLING has enjoyed an encouraging day on the foreign currency markets thanks to positive UK data releases earlier today. Retail Sales figures for last month showed at a far better than anticipated annualised 3.3% and the latest UK public sector net borrowing figures were also ‘less bad’ than had been anticipated thanks to...
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Pound Euro Exchange Rate (GBP EUR) Makes Gains As Cyprus Considers Taking Russian Bailout Funding
21 Mar 2013 at 10 AM - Written by Toni Johnson
The US Dollar has weakened somewhat in the aftermath of yesterday evening’s Federal Reserve FOMC policy announcement. Although the US central bank’s policy committee opted not to adjust its current policy stance, the accompanying statement which was released at the same time suggested that Quantitative Easing is here to stay in the...
Pound Euro Exchange Rate (GBP EUR) Slumps As Osborne Announces Massive Reduction In 2013 UK GDP Forecast
20 Mar 2013 at 2 PM - Written by Ben Hughes
Sterling has come under renewed selling pressure this afternoon, following UK Chancellor George Osborne’s announcement during his Budget Statement that the Office for Budget Responsibility has slashed its official GDP growth forecast for the British economy for 2013 from 1.2% to 0.6%. The previous prediction of an increase of 1.2% in...
Investors Await Policy Announcements And Commentaries From The Bank of England, US Federal Reserve & SARB
20 Mar 2013 at 9 AM - Written by Toni Johnson
Today’s session brings the release of a slew of economic data releases across the globe, almost guaranteeing significant price action for almost all of the world’s major currency pairs. As ever, today’s central bank announcements and commentaries are likely to cause institutional investors to adjust their predictions for the future...
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GBP EUR Currency Exchange Rate Forecast & USD AUD Predictions
19 Mar 2013 at 3 PM - Written by John Cameron
A positive ZEW Economic sentiment survey, released this morning, was not enough to trigger a comeback for the EURO against the Pound on the day. Market participants continue to remain reticent about holding funds in euro-denominated assets thanks to the EU/ECB’s announcement of Cyrus’s onerous bailout conditions. The current GBP EUR...
CATEGORIES: American Dollar Forecasts Australian Dollar Forecasts Currency Predictions Dollar Pound Forecasts Euro Forecasts Euro Pound Forecasts Pound Australian Dollar Forecasts Pound Dollar Forecasts Pound Euro Forecasts Pound Sterling Forecasts
GBP EUR Exchange Rate Maintains Gains On Cyprus Bailout Fears, GBP AUD, GBP CAD & GBP NZD Rates Also Up
19 Mar 2013 at 9 AM - Written by Tim Boyer
One issue dominates the thoughts of investors in the foreign currency market at the moment – the proposed bailout for Cyprus. News has emerged within the past 24hrs that the terms of the miniscule Island state’s emergency funding package are to be re-negotiated following widespread public outrage amongst the nation’s population at the...
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Pound Dollar Exchange Rate (GBP USD) Tests Lower Following Cyprus Bailout
18 Mar 2013 at 4 PM - Written by Minesh Chaudhari
The euro suffered pronounced selling pressure when the currency markets re-opened at the start of today’s session following the eurogroup of Finance Ministers’ surprise weekend announcement that Cypriot savers would be forced to make a hefty contribution towards the nation’s proposed €10bn bailout. The news sent the Pound to euro...
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