Pound Sterling forecast page 6 - gbp pound sterling pound sterling

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...

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....

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...

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...

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...

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...

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...

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...

GBP/AUD Exchange Rate Eases as Brexit Uncertainties Return The Pound Australian Dollar (GBP/AUD) exchange rate fell today, with the pairing currently trading around AU$1.898 after Mark Carney, the Bank of England’s (BoE) Governor, hinted at possible stimulus measures to boost the UK’s flagging economy in the months ahead. Mr Carney...

GBP/AUD Exchange Rate Improves as Polls Indicate Tory Majority The Pound Australian Dollar (GBP/AUD) exchange rate rose today, with the pairing currently trading around AU$1.924 following the Survation’s opinion polls’ suggestion of a Conservative victory on the 12th December general election. The poll showed that the Tories were...