Pound Singapore Dollar forecast page 2 - GBP SGD

The POUND STERLING has jumped in value on the day, following UK employment data which showed that the number of unemployed in Britain had unexpectedly dropped back to 2.65m last month. This morning’s Bank of England minutes, which showed that only one member of the nine-man MPC had voted in favour of an extension to the Bank’s QE...

Today brought two pieces of particularly ugly news for the POUND STERLING, with the release of more poor UK housing sector data and a report by the OECD which forecasted that the UK’s economy would slump back into recession in the first three months of 2012. This sees Sterling trading with a NEUTRAL bias, as investors were already...

Last night’s nationwide Consumer Confidence survey for February hurt the POUND STERLING, showing a drop-off in sentiment from the month before. Next Wednesday’s finalised Q4 GDP Growth data for the UK economy is the next risk event of note for the GBP, meaning that Sterling heads into next week on a NEUTRAL footing. Some positive...

This morning’s figures, which showed a sharp monthly drop in UK Industrial Production in January, have held back the POUND STERLING on the day. Apart from the Industrial Production data, the main interest on the day for clients holding Sterling-denominated assets, came from British Manufacturing data, which came in much as per expectations,...

Today’s session started positively for the POUND STERLING, with the release of better than anticipated UK Retail Sales data for January. The annualised figure printed at 2.0% versus expectations of a growth in shop sales of only 0.6%, raising investor’s expectations that the Bank of England will have to raise British interest rates sooner...

POUND STERLING A day of two halves for the Pound – this morning’s Nationwide House Price survey disappointed, showing a far lower annualised growth in prices than had been anticipated. On the upside, the PMI Manufacturing survey, also released this morning, showed that Britain’s manufacturing sector returned to growth last month....

The Pound Euro exchange rate GBP EUR is trading at 1.19946, trading up 0.25%. The Pound Dollar exchange rate GBP USD is trading at 1.53411, trading down 0.08%. The Euro Dollar exchange rate EUR USD is trading at 1.28209, down 0.31%. The Euro Sterling rate EUR GBP is trading at 0.83572, down 0.24%. The Pound Euro exchange rate has gained...

POUND STERLING No UK data releases of note meant a day in the doldrums for the Pound today. In a quiet week ahead, Thursday’s Bank of England monetary policy decision and NIESR GDP Estimate are likely to provide the highlights for investors holding Sterling. In the meantime, the Pound may benefit from the fact that it isn’t the Euro....

The Pound Euro exchange rate GBP EUR is trading at 1.19159, down 0.01%. The Pound Dollar exchange rate GBP USD is trading at 1.54729, up 0.27%. The Pound Australian Dollar exchange rate GBP AUD is trading at 1.56260, down 0.11%. The Pound New Zealand Dollar currency rate GBP NZD is trading at 2.06458, down 0.44%. The Sterling Lira rate GBP...

The Pound Euro exchange rate GBP EUR is trading at 1.17098, up 0.64%. The Pound Dollar exchange rate GBP USD is trading at 1.57063, up 0.66%. The Pound Australian Dollar exchange rate GBP AUD is trading at 1.52805, up 0.36%. The Pound New Zealand Dollar currency rate GBP NZD is trading at 2.01709, up 0.85%. The Sterling Canadian Dollar rate...