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

Pound Canadian Dollar Exchange Rate Steady, US-China Trade Uncertainty Weighs on ‘Loonie’

2 Dec 2019 at 4 PM - Written by John Cameron

GBP/CAD Exchange Rate Rangebound, Canadian Manufacturing PMI Improves The Pound Canadian Dollar (GBP/CAD) exchange rate held steady today, with the pairing currently trading around CA$1.718 after Canada’s Markit manufacturing PMI for November expanded at its fastest pace in nine months. Tim Moore, Economists Associate Director at IHS...

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Pound US Dollar (GBP/USD) Exchange Rate Steady, Jeremy Corbyn Backs Pre-Christmas General Election

29 Oct 2019 at 2 PM - Written by John Cameron

GBP/USD Exchange Rate Rangebound, Boris Johnson Pushes for December Election The Pound US Dollar (GBP/USD) exchange rate held steady at around $1.286 today after Labour Party leader Jeremy Corbyn announced that the party was now ready to back a pre-Christmas general election. Mr Corbyn said: ‘We have now heard from the EU that the...

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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...

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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...

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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...

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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...

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