Pound Lira forecast - GBP TRY

The EURO has been downsold once again in the markets today. Market participants have shunned the single currency thanks to concerns over rising Spanish bond yields and ongoing uncertainty regarding the future make-up of Greece’s government. This has taken the GBP EUR exchange rate as high as 1.2555 on the day. The euro is expected to trade...

A strong showing for yesterday morning’s UK Retail Sales numbers, sent the POUND STERLING sharply higher in early trading. The Pound gave up some of these gains as yesterday’s European session progressed, thanks to profit-taking from speculators, but it’s still been an encouraging week for investors holding Sterling-denominated assets....

There was little in the way of tier one data to trigger a move for the POUND STERLING during today’s session. This morning’s PMI Manufacturing sector survey provided grounds for encouragement, printing at a higher level than had been expected, seeing Sterling outperform all of the other majors, with the exception of the Canadian Dollar...

The POUND STERLING has performed strongly on the day, thanks to this morning’s UK trade figures, which showed that the Britain’s trade deficit was narrower than anticipated in January. It is expected that tomorrow’s UK labour market data will show a reduced number of new jobless claims in the British economy in February, so Sterling is...

This morning’s UK Public Sector Borrowing figures showed that the British government managed to payback almost £8bn of the UK’s national debt last month – news that is likely to play well with investors. STERLING is expected to trade with a NEUTRAL bias until the release of this month’s Bank of England minutes tomorrow...

The Pound Euro exchange rate GBP EUR is trading at 1.19103, up 0.26%. The Pound Dollar exchange rate GBP USD is trading at 1.58121, down 046%. The Pound Australian Dollar exchange rate GBP AUD is trading at 1.47474, up 0.42%. The Pound New Zealand Dollar currency rate GBP NZD is trading at 1.89789, up 0.22%. The Sterling Swiss Franc rate GBP...

POUND STERLING This morning’s UK PMI Services sector survey printed at a higher than expected level, showing that Britain’s key service sector is expanding at its fastest rate for almost a year. However, this positive news was cancelled out by a report from a widely-respected think tank – the NIESR, which predicted that the UK’s...

The Pound Euro exchange rate (GBP EUR) is 1.2043. The Pound Dollar exchange rate (GBP USD) is 1.5760. The Pound Australian Dollar exchange rate (GBP AUD) is 1.4846. The Sterling Rand currency rate (GBP ZAR) is 12.30107. The Sterling Lira exchange rate (GBP TRY) is 2.79979. There was further bad news for the eurozone during yesterday’s...

The Pound Euro exchange rate GBP EUR is trading at 1.20151, up 0.57%. The Pound Dollar exchange rate GBP USD is trading at 1.54847, up 0.34%. The Pound Australian Dollar exchange rate GBP AUD is trading at 1.1.48376, down 0.22%. The Pound New Zealand Dollar currency rate GBP NZD is trading at 1.92919, down 0.02%. The Sterling Rand rate GBP...

POUND STERLING There was bad news for Britain’s tentative economic recovery earlier today, with the release of UK trade figures for November. The numbers showed that the UK’s trade deficit is widening, as the relatively cheap Pound caused the value of imports to increase, while exports dropped off. An increase in the £275bn already...