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Pound Sterling Forecast Directory - Page #178

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

Foreign Exchange Rates ? GBP EUR Gains on Negative Eurozone Sales Figures

5 Apr 2011 at 11 AM - Written by John Cameron

STORY LINK Foreign Exchange Rates ? GBP EUR Gains on Negative Eurozone Sales Figures

The Pound Euro exchange rate (GBP/EUR) is 1.1451. The Euro Dollar exchange rate (EUR/USD) is 1.4169. The Euro has come under significant selling pressure in the early part of today’s European session, following the release of February’s whole-of-Eurozone Retail Sales figures. These figures showed that prices unexpected contracted by...

CATEGORIES: Euro Forecasts Pound Euro Forecasts Pound Sterling Forecasts

Pound Euro Exchange Rates - GBP/EUR Trades Up as Eurozone Inflation Data is Downgraded. AUD Stays Strong.

4 Apr 2011 at 12 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rates - GBP/EUR Trades Up as Eurozone Inflation Data is Downgraded. AUD Stays Strong.

The Pound Euro exchange rate (GBP/EUR) is 1.1357. The Euro Dollar exchange rate (EUR/USD) is 1.4210. This morning’s Eurozone inflation figure caused some downward pressure on the Euro. February’s Eurozone Producer Price Index came out at 0.8%, as expected. However, at the same time, it was announced that January’s PPI figure was to...

CATEGORIES: Euro Forecasts Pound Euro Forecasts Pound Sterling Forecasts

Pound Euro Exchange Rates ? Sterling Improves on CPI Inflation Figure, but Gains in GBP/EUR are Tempered by Worrying UK Public Sector Borrowing Numbers

22 Mar 2011 at 1 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rates ? Sterling Improves on CPI Inflation Figure, but Gains in GBP/EUR are Tempered by Worrying UK Public Sector Borrowing Numbers

The Pound Euro exchange rate is 1.1528. The Pound has gained some ground against the other majors due to this morning’s Consumer Price Inflation figure for February, which showed that UK prices are rising by an annualised 4.4%. Analysts had expected the figure to come out at 4.2%, so this release will be likely to cause an upward...

CATEGORIES: Euro Forecasts Pound Euro Forecasts Pound Sterling Forecasts

The Pound Dollar exchange rate (GBP/USD) is 1.6177. The Pound Euro exchange rate (GBP/EUR) is 1.1619.

8 Mar 2011 at 10 AM - Written by John Cameron

STORY LINK The Pound Dollar exchange rate (GBP/USD) is 1.6177. The Pound Euro exchange rate (GBP/EUR) is 1.1619.

The Pound Dollar exchange rate (GBP/USD) is 1.6177. The Pound Euro exchange rate (GBP/EUR) is 1.1619. Chinese policy-makers have spoken in the last 48 hours about the key role that controlling inflation will play in insuring that social order is maintained in China. Spiralling prices in the world’s second largest economy threaten reduce...

CATEGORIES: American Dollar Forecasts Euro Forecasts Pound Euro Forecasts Pound Sterling Forecasts

GBP/USD Exchange Rates : Pound Dollar Rate Drops as PMI Figure Causes Selling Pressure on Pound Sterling

3 Mar 2011 at 9 AM - Written by John Cameron

STORY LINK GBP/USD Exchange Rates : Pound Dollar Rate Drops as PMI Figure Causes Selling Pressure on Pound Sterling

Global equities markets had a mixed day yesterday, but the leading sentiment indicator, the S&P 500, closed down by over a percentage point at 1308, almost 3% lower than it was as recently as 21st February. This confirms a dip in global appetite for risk which would normally see the dollar benefit as the world’s reserve currency of choice....

CATEGORIES: American Dollar Forecasts Daily Currency Updates Pound Dol Forecasts

Currency Report : Bank of England Minutes See Sterling Exchange Rate Hold Steady

23 Feb 2011 at 12 PM - Written by John Cameron

STORY LINK Currency Report : Bank of England Minutes See Sterling Exchange Rate Hold Steady

Minutes of the Bank of England’s February Monetary Policy Committee meeting, released earlier today, showed that the UK’s Central Bank is gradually edging closer to raising interest rates. Three members of the nine man committee voted for a rate hike, as Spencer Dale, the Bank’s Chief Economist, joined members Andrew Sentance and Martin...

CATEGORIES: Pound Dollar Forecasts Pound Euro Forecasts Pound Sterling Forecasts

Morning Foreign Exchange Report : Pound Sterling Rate Falls on Employment Fears

17 Feb 2011 at 8 AM - Written by John Cameron

STORY LINK Morning Foreign Exchange Report : Pound Sterling Rate Falls on Employment Fears

Yesterday afternoon saw the release of US Producer Price Index numbers which showed that input prices rose by their highest monthly amount since October, 2008. The main event in America came later in the session when the Federal Reserve released minutes of the January FOMC meeting. The minutes predicted that US economic growth would pick up...

CATEGORIES: American Dollar Forecasts Daily Currency Updates Euro Forecasts New Forecasts

Sterling Supported by Upbeat Figures

8 Feb 2011 at 9 AM - Written by John Cameron

STORY LINK Sterling Supported by Upbeat Figures

The Pound saw a near-term rally in the early part of the week as it continued to recover from poor Quarter 4 growth figures. The January PMI figure, released at the end of last week, showed that the key UK Service Sector returned to growth. Last week also saw the release of positive manufacturing and construction data, leading to commentators...

CATEGORIES: Pound Euro Forecasts Pound Sterling Forecasts

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