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A round up of the latest Pound Sterling forecast news items from the Currency News desk.

Pound South African Rand (GBP/ZAR) Exchange Rate Eases as ZAR Benefits from Risk-On Trade

10 Sep 2019 at 5 PM - Written by John Cameron

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...

CATEGORIES: Pound Rand Forecasts Pound Sterling Forecasts South African Rand Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Steadies as Canadian Markets Remain Dovish Ahead of BoC Rate Decision

3 Sep 2019 at 12 PM - Written by John Cameron

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...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts Pound Sterling Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Sinks as RBA Takes a Wait-and-See Stance on Monetary Policy

20 Aug 2019 at 12 PM - Written by John Cameron

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...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts Pound Sterling Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Eases as Brexit Uncertainties Increase

19 Aug 2019 at 4 PM - Written by John Cameron

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...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts Pound Sterling Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Eases as Jeremy Corbyn Rallies to Prevent a Disorderly Brexit

19 Aug 2019 at 12 PM - Written by John Cameron

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...

CATEGORIES: American Dollar Forecasts Dollar Pound Forecasts Pound Dollar Forecasts Pound Sterling Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Rises as US Recession Fears Increase

12 Aug 2019 at 4 PM - Written by John Cameron

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...

CATEGORIES: American Dollar Forecasts Pound Dollar Forecasts Pound Sterling Forecasts

Pound Canadian Dollar (GBP/CAD) Exchange Rate Rises on Global Trade Turmoil and Lowering Oil Prices

6 Aug 2019 at 4 PM - Written by John Cameron

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...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts Pound Sterling Forecasts

Pound Mexican Peso (GBP/MXN) Exchange Rate Soars as MXN Struggles on Heightened Risk Aversion

5 Aug 2019 at 5 PM - Written by John Cameron

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...

CATEGORIES: Pound Sterling Forecasts

GBP to SEK Exchange Rate Pressured by Brexit Fears and Swedish Services PMI

5 Aug 2019 at 4 PM - Written by Ben Hughes

While the Swedish Krona’s movement was mixed last week, the British Pound to Swedish Krona (GBP/SEK) exchange rate has been unable to continue the recovery rally it saw towards the end of last week. This is because, despite some stronger than expected UK data today, the Pound outlook remains dominated by worsening no-deal Brexit fears while...

CATEGORIES: Pound Sterling Forecasts

Pound Swedish Krona (GBP/SEK) Exchange Rate Sinks as Swedish Manufacturing PMI Stabilises

1 Aug 2019 at 12 PM - Written by John Cameron

GBP/SEK Exchange Rate Falls as UK Manufacturing PMI Remains in Contraction Territory The Pound Swedish Krona (GBP/SEK) fell by -0.5% today, leaving the pairing fluctuating around 11.700Kr. The Swedish Krona (SEK) rose against the Pound (GBP) following the publication of the Swedish Manufacturing PMI for July, which exceeded the forecast...

CATEGORIES: Pound Sterling Forecasts