Pound Sterling forecast page 7 - gbp pound sterling pound sterling

GBP/CAD Exchange Rate Rangebound, Canadian Manufacturing PMI Improves The Pound Canadian Dollar (GBP/CAD) exchange rate held steady today, with the pairing currently trading around CA$1.718 after Canada’s Markit manufacturing PMI for November expanded at its fastest pace in nine months. Tim Moore, Economists Associate Director at IHS...

GBP/USD Exchange Rate Rangebound, Boris Johnson Pushes for December Election The Pound US Dollar (GBP/USD) exchange rate held steady at around $1.286 today after Labour Party leader Jeremy Corbyn announced that the party was now ready to back a pre-Christmas general election. Mr Corbyn said: ‘We have now heard from the EU that the...

GBP/ZAR Exchange Rate Down as US-China Trade Deal Hopes Increase The Pound South African Rand (GBP/ZAR) exchange rate fell by -0.2% today, with the pairing currently trading around R18.192 following July’s SA manufacturing production index which eased from -3.6% to -1.1%. However, buying sentiment in the South African Rand (ZAR) has...

GBP/CAD Exchange Rate US-China Trade Deadlock Weighs on ‘Loonie’ The Pound Canadian Dollar (GBP/CAD) exchange rate steadied at around CA$1.608, with Canadian markets becoming concerned over the possibility that the Bank of Canada (BoC) could cut rates tomorrow. Francesco Pesole, a Financial Strategist at ING, commented: ‘[W]e...

GBP/AUD Exchange Rate Falls as US-China Trade Developments Remain in Focus The Pound Australian Dollar (GBP/AUD) exchange rate fell by -0.5% today. This left the pairing fluctuating around AU$1.786 after the Reserve Bank of Australia’s board reiterated its wait-and-see on monetary policy going forward. The board’s minutes also...

GBP/CAD Exchange Rate Sinks as Boris Johnson Remains Confident on UK-EU Talk Breakthrough The Pound Canadian Dollar (GBP/CAD) exchange rate eased today, leaving the pairing fluctuating around CA£1.607 as no-deal Brexit fears continue to provide downward pressure on Sterling. Meanwhile, Prime Minister Boris Johnson has said that he is...

GBP/USD Exchange Rate Falls as a Cross-Party Challenge Mounts against Boris Johnson The Pound US Dollar (GBP/USD) exchange rate eased this morning, with the pairing trading around $1.212 as cross-party opposition against a no-deal Brexit in October has increased since last week. This follows Labour leader Jeremy Corbyn’s call for...

GBP/USD Exchange Rate Edges Higher as Recession Fears Haunt US Markets The Pound US Dollar (GPB/USD) exchange rate edged higher today, leaving the pairing trading around $1.209 as US economic recession fears rise as US-China trade tensions mount. The US Dollar (USD) eased against the Pound (GBP) as tensions between the US and China are...

GBP/CAD Exchange Rate Edges Higher as Oil Fears Dampen Market Confidence in ‘Loonie’ The Pound Canadian Dollar (GBP/CAD) exchange rate rose by 0.4% today, leaving the pairing fluctuating around CA$1.613. The Canadian Dollar (CAD) fell against many of its competitors today as global trade tensions between the US and China have left...

GBP/MXN Exchange Rate Rises as Global Trade Tensions Reignite The Pound Mexican Peso (GBP/MXN) exchange rate soared by 1.44% today, leaving the pairing fluctuating around Mex$23.836. The Mexican Peso (MXN) plummeted against the Pound (GBP) following today’s publication of the Mexican consumer confidence figures for July, which fell...