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

Pound to Swedish Krona (GBP/SEK) Exchange Rate Edges Higher as Swedish Unemployment Remains High

21 Aug 2020 at 12 PM - Written by John Cameron

GBP/SEK Exchange Rate Rises as Swedish Unemployment Back at Financial Crisis Levels The Pound to Swedish Krona (GBP/SEK) exchange rate rose by nearly 0.3% today, with the pairing currently fluctuating around 11.537kr. The Swedish Krona (SEK) continued to struggle today following yesterday’s release of the Swedish unemployment rate for...

CATEGORIES: Pound Sterling Forecasts

Pound to Japanese Yen (GBP/JPY) Exchange Rate Falls as Japanese Yen Benefits from Safe-Haven Status

4 Aug 2020 at 5 PM - Written by John Cameron

GBP/JPY Exchange Rate Sinks as Dimming Global Economic Outlook Boosts Safe-Haven Demand The Pound to Japanese Yen (GBP/JPY) exchange rate fell by -0.4% today, with the pairing currently fluctuating around ¥138.098. The Japanese Yen (JPY) rose today as concerns over the global economy have benefited the safe-haven currency. With global...

CATEGORIES: Japanese Yen Forecasts Pound Sterling Forecasts

Pound to Swedish Krona (GBP/SEK) Exchange Rate Falls as Swedish Manufacturing PMI Beats Forecasts

3 Aug 2020 at 5 PM - Written by John Cameron

GBP/SEK Exchange Rate Sinks as Outlook for Swedish Economy Improves The Pound to Swedish Krona (GBP/SEK) exchange rate fell by -0.4% today, with the pairing currently fluctuating around 11.42kr. The Swedish Krona (SEK) rose today following a stronger-than-expected Swedish Manufacturing PMI figure for July. The figure rose unexpectedly...

CATEGORIES: Pound Sterling Forecasts

Pound to Swedish Krona (GBP/SEK) Exchange Rate Rises Despite Promising Signs of Stabilising Covid-19 Rates in Sweden

29 Jul 2020 at 4 PM - Written by John Cameron

GBP/SEK Exchange Rate Edges Higher as Swedish Consumer Confidence Dips in July The Pound to Swedish Krona (GBP/SEK) edged higher today, with the pairing currently trading around 11.365kr. The Swedish Krona (SEK) struggled today despite a stronger-than-expected Swedish Consumer Confidence figure for July. Although the figure dipped from...

CATEGORIES: Pound Sterling Forecasts

Pound to Canadian Dollar (GBP/CAD) Exchange Rate Falls as Oil Prices Show Recovery

12 Jun 2020 at 5 PM - Written by John Cameron

GBP/CAD Exchange Rate Sinks as ‘Loonie’ Benefits from Rising Oil Prices The Pound to Canadian Dollar (GBP/CAD) exchange rate is currently trading around CA$1.70, with the pairing down by -0.5% on today’s opening rate. The Canadian Dollar (CAD) has benefited today after oil prices showed signs of recovery after their sharpest daily...

CATEGORIES: Canadian Dollar Forecasts Pound Sterling Forecasts

Pound to Japanese Yen (GBP/JPY) Exchange Rate Soars as Japan Enters ‘Full-Blown Recession’

19 May 2020 at 5 PM - Written by John Cameron

GBP/JPY Exchange Rate Rises on Japan’s Economic Woes The Pound to Japanese Yen (GBP/JPY) exchange rate soared by 0.9% today, with the pairing currently trading around ¥130.752. The Japanese Yen (JPY) has continued to struggle as Japan’s economy fell into a recession for the first time since 2015. Sunday saw the world’s...

CATEGORIES: Japanese Yen Forecasts Pound Sterling Forecasts

Pound to Swedish Krona (GBP/SEK) Exchange Rate Steady as Swedish Economy Faces ‘Unprecedented Declines’

11 May 2020 at 5 PM - Written by John Cameron

GBP/SEK Exchange Rate Rangebound as Sweden Fails to Benefit from No-Lockdown Approach The Pound to Swedish Krona (GBP/SEK) exchange rate held steady today following news that Sweden is unlikely to benefit from its no-lockdown approach to tackling the coronavirus. The pairing is currently trading around 12.130kr. Christina Nyman, former...

CATEGORIES: Pound Sterling Forecasts

Pound Japanese Yen (GBP/JPY) Exchange Rate Falls as UK Manufacturing PMI Hits Historic Low in April

1 May 2020 at 1 PM - Written by John Cameron

GBP/JPY Exchange Rate Falls as UK Manufacturing Suffers From Covid-19 Crisis The Pound to Japanese Yen (GBP/JPY) exchange rate fell by -0.8% today, with the pairing currently trading around ¥133.874. Sterling struggled today after it was revealed that UK consumer credit growth and mortgage approvals had fallen to their lowest since 2013....

CATEGORIES: Japanese Yen Forecasts Pound Sterling Forecasts

Pound South African Rand (GBP/ZAR) Exchange Rate Rises as No 10 Reluctant to ‘Gamble Away’ Covid-19 Success

30 Apr 2020 at 4 PM - Written by John Cameron

GBP/ZAR Exchange Rate Edges Higher on UK Lockdown Easing Plans The Pound to South African Rand (GBP/ZAR) exchange rate rose by 1% today after the British Government said it would not ‘gamble away’ success by prematurely easing its lockdown measures. The pairing is currently trading around R22.856. A spokesman for Downing Street...

CATEGORIES: Pound Sterling Forecasts South African Rand Forecasts

Pound to Swedish Krona (GBP/SEK) Exchange Rate Steady as NIER Predicts 7% Drop in Swedish Economy

29 Apr 2020 at 4 PM - Written by John Cameron

GBP/SEK Exchange Rate Rangebound as Sweden’s Economy ‘Worse Than Expected’ The Pound to Swedish Krona (GBP/SEK) exchange rate held steady today after the Swedish think tank, National Institute for Economic Research (NIER), predicted a -7% decrease in the nation’s economy in 2020. The pairing is currently trading around 12.298kr....

CATEGORIES: Pound Sterling Forecasts