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

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

Pound to Japanese Yen (GBP/JPY) Exchange Rate Steady as Japan’s Economic Outlook Darkens

24 Apr 2020 at 3 PM - Written by John Cameron

GBP/JPY Exchange Rate Rangebound as Japanese Economy Faces ‘Severe Situation’ The Pound to Japanese Yen (GBP/JPY) exchange rate held steady today, with the pairing currently trading around ¥132.93. The Japanese Yen (JPY) has been increasingly pressured by fears over the Japanese economy in April, after the Japanese Government was...

CATEGORIES: Japanese Yen Forecasts Pound Sterling Forecasts

Pound to South African Rand (GBP/ZAR) Exchange Rate Falls as South Africa Reveals $25 Billion Stimulus Package

22 Apr 2020 at 4 PM - Written by John Cameron

GBP/ZAR Exchange Rate Falls as Rand Investors Celebrate SA Stimulus The Pound to South African Rand (GBP/ZAR) exchange rate fell by -0.5% today, with the pairing currently trading around R23.20. The South African Rand (ZAR) rose today as markets continue to celebrate the nation’s unveiling of a $25 billion stimulus package. President...

CATEGORIES: Pound Sterling Forecasts South African Rand Forecasts

Pound Swedish Krona (GBP/SEK) Exchange Rate Steady as Swedish Inflation Slumps to 5-Year Low

15 Apr 2020 at 4 PM - Written by John Cameron

GBP/SEK Exchange Rate Rangebound as Swedish Ramps Up Spring Budget The Pound to Swedish Krona (GBP/SEK) exchange held steady today with the pairing currently trading around 12.50kr. The Swedish Krona (SEK) failed to gain against the Pound (GBP) after March’s Sweden’s inflation report, which slumped to its slowest annual pace in 5...

CATEGORIES: Pound Sterling Forecasts

Pound Japanese Yen (GBP/JPY) Exchange Rate Falls, JPY Soars on Safe-Haven Demand

18 Mar 2020 at 12 PM - Written by John Cameron

GBP/JPY Exchange Rate Fall as Investors Seek Japanese Yen Refuge The Pound Japanese Yen (GBP/JPY) plummeted by 1% today as investors seek refuge in the safe-haven Japanese currency as Covid-19 fears wrack the global economy. The pairing currently trading around ¥128.75. Japanese Yen (JPY) investors are awaiting further developments over...

CATEGORIES: Japanese Yen Forecasts Pound Sterling Forecasts Pound Yen Forecasts