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Pound Sterling Forecast Directory - Page #166

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

Pound Sterling Exchange Rates: GBP to AUD, NZD & ZAR Gain after Boston Bombs Trigger Investor Panic

16 Apr 2013 at 9 AM - Written by Frank Davies

Yesterday’s session brought dramatic movement in the currency markets, as institutional investors shifted out of risk-laden assets in response to a heady mix of weak Chinese data and potentially toxic geo-political situations. The start of the week was always bound to be fraught, given that the 15th March marks the birth date of North...

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Pound Sterling Fails To Capitalise On Positive NIESR Q1 GDP Growth Estimate

10 Apr 2013 at 9 AM - Written by James Fuller

It looks like UK Chancellor of the Exchequer George Osborne’s Budget Statement prediction that the UK economy has avoided an unprecedented triple dip recession may have some legs. Osborne’s assertion that official figures will show that the beleaguered British economy had returned to growth during the first three months of 2013 was borne...

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Pound Sterling Gains Against AUD, NZD & USD Thanks To Weak US Jobs Data

8 Apr 2013 at 9 AM - Written by James Fuller

Last week’s session ended on a positive note for the Pound when leading credit rating agency Standard & Poor’s announced that it is maintaining the UK’s AAA credit rating – for the time-being at least. Fears had been rife amongst investors holding Sterling-denominated assets that Moody’s announcement last month that it was...

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Pound Sterling Posts Gains Against EUR & USD Following BoE Governor King?s Positive Comments

15 Mar 2013 at 10 AM - Written by David Woodsmith

The Pound has consolidated on yesterday’s gains during the overnight session, following comments from Bank of England Governor Mervyn King, who stated that the British economy is on the verge of a recovery. The BoE Governor’s words represented a significant U-turn, as King has consistently delivered negative commentary regarding the state...

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Pound Euro Exchange Rate (GBP EUR) Gains Following Strong UK Retail Sales And PMI Services Data

5 Mar 2013 at 2 PM - Written by Tim Boyer

A brace of positive UK data releases has caused the Pound to be one of the best-performing of the sixteen most-actively traded currencies today. The overnight session brought the release of the latest British Retail Consortium (BRC) annualised Retail Sales data. The UK shop sales numbers for last month revealed that like-for-like transactions...

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GBP Under Pressure Following Bank Of England Policymaker Tucker?s Call For Negative UK Interest Rates

26 Feb 2013 at 4 PM - Written by Minesh Chaudhari

The Pound has endured a torrid week in the markets so far, following the fall-out from Moody’s AAA UK debt downgrade last Friday. Just when Sterling looked to be recovering its poise, another spanner has been thrown into the works. The Deputy Bank of England Governor Paul Tucker surprised the markets today by publicly stating that the...

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Exchange Rates Outlook: Pound Sterling Gains vs EUR, USD, AUD & NZD on UK CPI Inflation Data

13 Nov 2012 at 10 AM - Written by Tim Boyer

This morning’s UK CPI inflation numbers have thrashed expectations, showing a pronounced uptick from September’s showing of an annualised 2.2% to print at 2.7%. The figure is well ahead of the UK government’s official inflation target of 2.0% and shows that Britain is still suffering from recent persistent price rises in global...

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Exchange Rate Predictions - Pound Sterling to Euro, US Dollar And New Zealand Dollar Currency Forecasts

12 Oct 2012 at 3 PM - Written by Frank Davies

This afternoon’s US Producer Price Index, considered to be a reliable indicator of future levels of inflation in an economy, printed above expectations at an annualised 2.1%. With domestic price rises showing little sign of abating, the Federal Reserve’s hands look to be tied regarding future increases to its current US$40bn Quantitative...

CATEGORIES: American Dollar Forecasts Currency Predictions Dollar Poun Forecasts

Exchange Rate Forecasts - Pound Sterling to Euro, US Dollar & Canadian Dollar Currency Predictions

5 Oct 2012 at 4 PM - Written by David Woodsmith

This afternoon’s closely-watched Non-Farm Payrolls release in the US showed at almost exactly the expected level. However, the latest set of US labour market data also revealed that the official level of unemployment unexpectedly dropped to 7.8% last month, down from August’s reading of 8.1%. The market’s instant reaction to the news...

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Currency Exchange Rate Forecasts For Pound Sterling, Euro, Australian Dollar & Canadian Dollar

1 Oct 2012 at 4 PM - Written by Tim Boyer

This morning’s UK PMI Manufacturing survey and Mortgage Approvals data for August provided cause for disappointment, both coming out weaker than anticipated. This has seen the POUND STERLING open up the week on the back foot. Recent comments from the Bank of England’s monetary policy committee members have suggested that a further...

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