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

GBP to SEK Exchange Rate Gives Up Gains as Growth Fears Knocks Sterling

12 Nov 2020 at 3 PM - Written by Tim Boyer

Despite surging coronavirus cases in Sweden, the British Pound to Swedish Krona (GBP/SEK) exchange rate is falling today. Investors are selling the Pound in response to concerns over Britain’s concerning economic outlook for the winter, while the Swedish Krona is benefitting from rising trade sentiment amid this week’s coronavirus vaccine...

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Pound Swedish Krona (GBP/SEK) Exchange Rate Steady as Covid-19 Vaccine Hopes Buoy Sterling

11 Nov 2020 at 5 PM - Written by John Cameron

GBP/SEK Exchange Rate Covid-19 Vaccine Hopes Buoy Confidence in UK Economic Recovery The Pound Swedish Krona held steady today, with the pairing currently fluctuating around 11.422kr. Sterling has continued to benefit from news from Pfizer, the pharmaceutical company which announced that it had achieved a 90% success rate in its Covid-19...

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Pound to Swedish Krona (GBP/SEK) Exchange Rate Sinks on Hopes for Swedish Economy

27 Oct 2020 at 5 PM - Written by John Cameron

GBP/SEK Exchange Rate Dips as Sweden Could Avoid Brunt of Second-Wave The Pound to Swedish Dollar (GBP/SEK) exchange rate dipped today, with the pairing currently trading around 11.361kr. The Swedish Krona (SEK) rose against Sterling today on growing hopes that Sweden could avoid the brunt of a second-wave of a Covid-19 lockdown....

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Pound to South African Rand (GBP/ZAR) Exchange Rate Falls as Covid-19 Vaccine Hopes Buoy Safe-Haven Currencies

13 Oct 2020 at 4 PM - Written by John Cameron

GBP/ZAR Exchange Rate Sinks as US Political Uncertainties Fade The Pound to South African Rand (GBP/ZAR) exchange rate fell by -0.4% today, with the pairing currently fluctuating around R21.466. The South African Rand (ZAR) has benefited from risk-on markets today with Goldman Sachs saying that there’s a strong chance for the US...

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Pound Swedish Krona (GBP/SEK) Exchange Rate Rangebound as Concerns Grow Over Sweden’s Economy

5 Oct 2020 at 3 PM - Written by John Cameron

GBP/SEK Exchange Rate Steady as Sweden’s Economic Slump ‘Won’t Be Over Until 2023’ The Pound to Swedish Krona (GBP/SEK) exchange rate held steady today, with the pairing currently trading around 11.546kr. The Swedish Krona (SEK) held steady today despite news that Sweden’s economy could shrink less-than-expected in 2020....

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Pound to Danish Krone (GBP/DKK) Exchange Rate Rangebound as Bank of England Cools Negative Interest Rate Fears

22 Sep 2020 at 4 PM - Written by John Cameron

GBP/DKK Exchange Rate Steady as UK Government Announces New Covid-19 Restrictions The Pound to Danish Krone (GBP/DKK) exchange rate held steady today, with the pairing currently trading around 8.109kr. Sterling benefited from the playing down of negative interest rates from Bank of England’s (BoE) Governor Andrew Bailey today. As a...

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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...

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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...

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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...

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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