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

Pound to Swedish Krona (GBP/SEK) Exchange Rate Steady as Swedish Economy Faces ‘Unprecedented Declines’

11 May 2020 at 5 PM - Written by John Cameron

STORY LINK Pound to Swedish Krona (GBP/SEK) Exchange Rate Steady as Swedish Economy Faces ‘Unprecedented Declines’

GBP/SEK Exchange Rate Rangebound as Sweden Fails to Benefit from No-Lockdown Approach The Pound to Swedish Krona (GBP/SEK) exchange rate held steady today following news that Sweden is unlikely to benefit from its no-lockdown approach to tackling the coronavirus. The pairing is currently trading around 12.130kr. Christina Nyman, former...

CATEGORIES: Pound Sterling Forecasts

Pound Japanese Yen (GBP/JPY) Exchange Rate Falls as UK Manufacturing PMI Hits Historic Low in April

1 May 2020 at 1 PM - Written by John Cameron

STORY LINK Pound Japanese Yen (GBP/JPY) Exchange Rate Falls as UK Manufacturing PMI Hits Historic Low in April

GBP/JPY Exchange Rate Falls as UK Manufacturing Suffers From Covid-19 Crisis The Pound to Japanese Yen (GBP/JPY) exchange rate fell by -0.8% today, with the pairing currently trading around ¥133.874. Sterling struggled today after it was revealed that UK consumer credit growth and mortgage approvals had fallen to their lowest since 2013....

CATEGORIES: Japanese Yen Forecasts Pound Sterling Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Rises as No 10 Reluctant to ‘Gamble Away’ Covid-19 Success

30 Apr 2020 at 4 PM - Written by John Cameron

STORY LINK Pound South African Rand (GBP/ZAR) Exchange Rate Rises as No 10 Reluctant to ‘Gamble Away’ Covid-19 Success

GBP/ZAR Exchange Rate Edges Higher on UK Lockdown Easing Plans The Pound to South African Rand (GBP/ZAR) exchange rate rose by 1% today after the British Government said it would not ‘gamble away’ success by prematurely easing its lockdown measures. The pairing is currently trading around R22.856. A spokesman for Downing Street...

CATEGORIES: Pound Sterling Forecasts South African Rand Forecasts

Pound to Swedish Krona (GBP/SEK) Exchange Rate Steady as NIER Predicts 7% Drop in Swedish Economy

29 Apr 2020 at 4 PM - Written by John Cameron

STORY LINK Pound to Swedish Krona (GBP/SEK) Exchange Rate Steady as NIER Predicts 7% Drop in Swedish Economy

GBP/SEK Exchange Rate Rangebound as Sweden’s Economy ‘Worse Than Expected’ The Pound to Swedish Krona (GBP/SEK) exchange rate held steady today after the Swedish think tank, National Institute for Economic Research (NIER), predicted a -7% decrease in the nation’s economy in 2020. The pairing is currently trading around 12.298kr....

CATEGORIES: Pound Sterling Forecasts

Pound to Japanese Yen (GBP/JPY) Exchange Rate Steady as Japan’s Economic Outlook Darkens

24 Apr 2020 at 3 PM - Written by John Cameron

STORY LINK Pound to Japanese Yen (GBP/JPY) Exchange Rate Steady as Japan’s Economic Outlook Darkens

GBP/JPY Exchange Rate Rangebound as Japanese Economy Faces ‘Severe Situation’ The Pound to Japanese Yen (GBP/JPY) exchange rate held steady today, with the pairing currently trading around ¥132.93. The Japanese Yen (JPY) has been increasingly pressured by fears over the Japanese economy in April, after the Japanese Government was...

CATEGORIES: Japanese Yen Forecasts Pound Sterling Forecasts

Pound to South African Rand (GBP/ZAR) Exchange Rate Falls as South Africa Reveals $25 Billion Stimulus Package

22 Apr 2020 at 4 PM - Written by John Cameron

STORY LINK Pound to South African Rand (GBP/ZAR) Exchange Rate Falls as South Africa Reveals $25 Billion Stimulus Package

GBP/ZAR Exchange Rate Falls as Rand Investors Celebrate SA Stimulus The Pound to South African Rand (GBP/ZAR) exchange rate fell by -0.5% today, with the pairing currently trading around R23.20. The South African Rand (ZAR) rose today as markets continue to celebrate the nation’s unveiling of a $25 billion stimulus package. President...

CATEGORIES: Pound Sterling Forecasts South African Rand Forecasts

Pound Swedish Krona (GBP/SEK) Exchange Rate Steady as Swedish Inflation Slumps to 5-Year Low

15 Apr 2020 at 4 PM - Written by John Cameron

STORY LINK Pound Swedish Krona (GBP/SEK) Exchange Rate Steady as Swedish Inflation Slumps to 5-Year Low

GBP/SEK Exchange Rate Rangebound as Swedish Ramps Up Spring Budget The Pound to Swedish Krona (GBP/SEK) exchange held steady today with the pairing currently trading around 12.50kr. The Swedish Krona (SEK) failed to gain against the Pound (GBP) after March’s Sweden’s inflation report, which slumped to its slowest annual pace in 5...

CATEGORIES: Pound Sterling Forecasts

Pound Japanese Yen (GBP/JPY) Exchange Rate Falls, JPY Soars on Safe-Haven Demand

18 Mar 2020 at 12 PM - Written by John Cameron

STORY LINK Pound Japanese Yen (GBP/JPY) Exchange Rate Falls, JPY Soars on Safe-Haven Demand

GBP/JPY Exchange Rate Fall as Investors Seek Japanese Yen Refuge The Pound Japanese Yen (GBP/JPY) plummeted by 1% today as investors seek refuge in the safe-haven Japanese currency as Covid-19 fears wrack the global economy. The pairing currently trading around ¥128.75. Japanese Yen (JPY) investors are awaiting further developments over...

CATEGORIES: Japanese Yen Forecasts Pound Sterling Forecasts Pound Yen Forecasts

Pound Swedish Krona Exchange Rate Falls as Covid-19 Outbreak Increases BoE Rate Cut Odds

2 Mar 2020 at 5 PM - Written by John Cameron

STORY LINK Pound Swedish Krona Exchange Rate Falls as Covid-19 Outbreak Increases BoE Rate Cut Odds

GBP/SEK Exchange Rate Falls on Dovish BoE Statement The Pound to Swedish Krona (GBP/SEK) exchange rate plummeted by -0.9% today, with the pairing currently fluctuating around 12.207kr as the odds of a Bank of England (BoE) rate cut continues to increase amid rising coronavirus fears. The central bank’s spokesman commented: ‘The...

CATEGORIES: Pound Sterling Forecasts

Brexit and Strong Swedish Data Hits GBP to SEK Exchange Rate to Fortnight Worst

27 Feb 2020 at 2 PM - Written by James Fuller

STORY LINK Brexit and Strong Swedish Data Hits GBP to SEK Exchange Rate to Fortnight Worst

After seeing relatively narrow movement for most of the week so far, the British Pound to Swedish Krona (GBP/SEK) exchange rate was knocked yesterday and continued to see notable losses today. The Swedish Krona is benefitting from the Pound’s losses on the latest hard Brexit fears, as today’s Swedish data has been fairly...

CATEGORIES: Pound Sterling Forecasts

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