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Pound Sterling Forecast Directory - Page #170

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

Today?s Currency Rate Forecasts For The Pound Sterling, Euro, US Dollar and Singapore Dollar

15 Aug 2012 at 6 PM - Written by Minesh Chaudhari

Today proved to be a ‘good news’ day for the POUND STERLING following the release of the latest British unemployment figures which revealed that the number of unemployed in Britain had dropped to 2.56m in the second quarter of this year. The Sterling-positive mood was added to by the release of the latest Bank of England minutes which...

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Latest Pound Sterling Exchange Rate Forecasts: GBP to EUR, USD and CHF

13 Aug 2012 at 6 PM - Written by Minesh Chaudhari

Disappointing Japanese GDP growth data, released during last night’s Asian session, has taken the edge off global risk sentiment on the day. However, the US DOLLAR has failed to benefit to any great degree and the GBP USD exchange rate stands at 1.5690. If negative investor sentiment continues into tomorrow’s session, then the support for...

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Exchange Rate Forecasts for Pound Sterling, Euro, US Dollar & CAD Dollar

2 Aug 2012 at 4 PM - Written by Tim Boyer

The EURO has taken a pasting in the currency markets today, taking the GBP EUR exchange rate back towards the mid-1.27s once more. The single currency came under selling pressure following ECB President Mario Draghi comments in his press conference this afternoon. Draghi announced no specific measures to lower Spain and Italy’s borrowing...

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Rand to Pound Exchange Rate Outlook - Pound Sterling Steady Decline Against South African Rand

27 Jul 2012 at 12 PM - Written by Minesh Chaudhari

Last week the Pound Sterling followed a steady decline against the South African Rand from 12.8772 to a weekly low of 12.7410. The Pound was hurt as a series of events conspired to weaken Sterling sentiment. The headline UK CPI inflation figure declined from 2.8% to 2.4% in June which gave investors the impression that the Bank of England may...

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British Pound Sterling Down Against US Dollar and Euro Exchange Rates, EUR Gains After ECB Comments

26 Jul 2012 at 10 AM - Written by Toni Johnson

The UK economy suffered some bad news yesterday thanks to the worse than expected GDP figures for June. The figures released by the office of national statistics (ONS) showed that the country’s GDP shrank by 0.7% a figure far worse than the predicted 0.2%. The figures will be of grave concern for the British government and chancellor George...

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British Pound Sterling Strikes New High Against the Euro as Doubts Remain over Spanish Bailout

19 Jul 2012 at 7 PM - Written by John Cameron

The Pound has struck a new 3 ½ year high against the Euro this afternoon after the single currency weakened further on the back of comments made by the German Finance Minister Wolfgang Schaeuble. The minister said that Spain must take guarantees for its bailout funding, piling on the pressure and worries that European leaders will struggle...

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Exchange Rates Today: Euro to Pound Sterling Fresh Low as Commodity Currencies See Mixed Results

18 Jul 2012 at 6 PM - Written by Ben Hughes

The Euro has hit a new three and a half year low against the British Pound after German chancellor Angela Merkel warned that the European project is at risk unless Eurozone leaders and policy makers work harder to resolve the regions ongoing debt crisis. Elsewhere the ‘Aussie’ touched a fresh two-week high against its US relation...

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British Pound Sterling Hits 3 1/2 Year High Against Euro as Fear of Contagion Persists

16 Jul 2012 at 11 AM - Written by Ben Hughes

British Pound Sterling has risen to hit a new three and a half year high against the Euro as investors continue to worry about the growing risks to Spain and Italy’s finances. As a result sales of the single currency increased and investors sought refuge in the relatively safe assets of the UK. The continued uncertainty about the...

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British Pound Sterling Safe Haven As Euro Takes a Tumble; GBP to USD Small Gains

10 Jul 2012 at 10 AM - Written by Toni Johnson

The Pound Sterling (GBP) has begun to show small gains against the US Dollar (USD) as investors turn to the British currency for a safe haven. The currency is proving to be more appealing to the worried markets after the British government and Bank of England announce plans to isolate the currency from the effects of the Eurozone crisis....

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Pound Sterling vs Euro Up 0.7%, EUR Suffering After ECB Cut Interest Rates to 0.75%

5 Jul 2012 at 4 PM - Written by Frank Davies

The Euro has fallen sharply against a basket of currencies after the European Central Bank confirmed investors belief that it would cut interest rates. The Bank has cut the main interest rate to a record low of 0.75% and also reduced its deposit rate to zero in an effort to tackle the ongoing euro zone crisis. Most observers had been...

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