Pound Sterling forecast page 9 - gbp pound sterling pound sterling
A round up of the latest Pound Sterling forecast news items from the Currency News desk.
GBP EUR Rate On The Up Following Italian Debt Sale, GBP USD Rate Under Pressure
13 Mar 2013 at 3 PM - Written by Tim Boyer
The euro took a hit during this morning’s session as investors’ focus once again settled on Italy. The troubled Mediterranean nation, which is effectively rudderless following last month’s inconclusive general election result, was the subject of a damning result from the global bond market earlier today, when the latest auction of...
NIESR GDP Estimate Suggests UK Economy Is Still Contracting Sending GBP EUR Exchange Rate Lower
13 Mar 2013 at 9 AM - Written by Toni Johnson
Yesterday afternoon’s closely-watched UK GDP Growth Estimate for February showed that the UK economy is still in contraction. The figure, which uses the British Government’s official modelling software to generate its forecast, suggests that Britain’s down-at-heel economy shrank at a quarterly pace of 0.1% last month. Even more...
GBP EUR Exchange Rate Drops Following Weak UK Manufacturing And Industrial Production Data
12 Mar 2013 at 2 PM - Written by Ben Hughes
Sterling endured yet another torrid opening to today’s session today following the latest in a long line of disappointing 0930hrs data releases. This time it was January’s edition of UK Industrial and Manufacturing Production data which hit the Pound, sending the GBP EUR exchange rate down to below the 1.1400 level and to within half a...
Pound Euro Exchange Rate (GBP EUR) Recovers Slightly On Positive UK Housing Sector Report
12 Mar 2013 at 9 AM - Written by Frank Davies
There was more disappointing news from the eurozone yesterday afternoon, but the Pound euro exchange rate (currency : GBP EUR) still closed down on the day yesterday. In a worrying development from Italy, the spectre of mainland Europe’s ‘elephant in the room’ re-entered the minds of investors with the news that the struggling...
Foreign Currency Exchange Rate Predictions For GBP EUR, GBP AUD, GBP NZD & GBP CAD For Today
11 Mar 2013 at 3 PM - Written by David Woodsmith
Friday afternoon’s US Non-Farm Payroll data for last month showed that almost a quarter of a million workers had been added to the American payroll. Analysts had been expecting a print of only 165,000. The release triggered a lurch in risk sentiment which precipitated significant movement for the world’s major currency pairs. Investors...
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GBP USD & GBP CAD Exchange Rates Tumble To 32-Month Lows, GBP AUD At 28 Year Low Following US Jobs Data
11 Mar 2013 at 9 AM - Written by John Cameron
Friday’s session brought significant price action for more than one Sterling-based currency pair following the release of labour market data in the world’s largest economy which thrashed market expectations. The final session of the week brought the publication of last month’s Non-Farm Payrolls data in the USA and the closely-watched...
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Foreign Currency Exchange Rate Predictions For GBP AUD, NZD, SGD, HKD & USD For Today
8 Mar 2013 at 1 PM - Written by Tim Boyer
Last night’s Chinese Trade Balance data made for interesting reading for investors holding an array of different currencies. The import / export numbers from the world’s second-largest economy painted a decidedly mixed picture. On the debit side, last month’s Chinese import figures showed a marked drop-off in comparison with...
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GBP EUR Exchange Rate Forecast, Currency Prediction For USD & AUD
8 Mar 2013 at 8 AM - Written by David Woodsmith
The Bank of England chose to maintain its current policy stance yesterday and the POUND STERLING registered short term gains as a knee-jerk reaction. The decision against further Quantitative Easing came as a relief, but within hours investors were shifting out of Sterling-denominated assets thanks to fears over levels of governmental debt...
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Pound Euro Exchange Rate (GBP/EUR) Edges Lower Following BoE And ECB Interest Rate Announcements
7 Mar 2013 at 2 PM - Written by John Cameron
Today’s two major global central bank policy decisions came out broadly in line with analysts’ expectations. The Bank of England opted to maintain its current policy stance – economists had been factoring-in a fair chance of an increase to the UK central bank’s ongoing Quantitative Easing scheme, following last month’s Monetary...
GBP CAD Rate Edges Higher On BoC Comments, GBP USD Dips On Firm US Data
6 Mar 2013 at 4 PM - Written by Ben Hughes
Yesterday afternoon’s session brought yet another encouraging data release from the world’s primary economic power. Analysts had expected February’s US ADP Employment data, published at the start of the North American session, to show an increase of 170,000 in the number of American’s in employment last month. The actual print tipped...
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