Currency News

Daily Exchange Rate Forecasts & Currency News

Pound Sterling Forecast Directory - Page #47

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

Pound Sterling Today: GBP Steady in Wake of BoE Governor Bailey Comments

26 Sep 2024 at 8 AM - Written by John Cameron

STORY LINK Pound Sterling Today: GBP Steady in Wake of BoE Governor Bailey Comments

The Pound to US Dollar (GBP/USD) exchange rate saw limited movement on Tuesday, with the pairing trading at its highest level since March 2022. At the time of writing, GBP/USD was at around $1.3363, reflecting little change from Tuesday’s opening levels. Pound (GBP) Stagnant Following Bailey’s Cautious Outlook The Pound...

CATEGORIES: Pound Dollar Forecasts

BoE Holds, Buyers See Best Pound to Dollar Rate in 30 Months

22 Sep 2024 at 1 PM - Written by Frank Davies

STORY LINK BoE Holds, Buyers See Best Pound to Dollar Rate in 30 Months

The Bank of England (BoE) Monetary Policy Committee (MPC) held interest rates at 5.00% following the latest policy meeting. Although the decision was in line with consensus forecasts, the Pound posted strong gains on a relatively hawkish stamen and especially with traders also focussed on the aggressive 50 basis-point rate cut...

CATEGORIES: Pound Sterling Forecasts

Pound Sterling Unable to Benefit from Dollar Retreat

13 Sep 2024 at 9 AM - Written by David Woodsmith

STORY LINK Pound Sterling Unable to Benefit from Dollar Retreat

The dollar posted significant losses in Asia on Wednesday after the US Presidential debate. US yields have continued to decline with the 2-year rate around 3.55% and a 2-year low. Lower yields have sapped dollar support, but the Pound has failed to secure significant benefit with confidence hit by weaker than expected GDP...

CATEGORIES: Pound Dollar Forecasts

Transatlantic Interest Rate Debate Dominates Pound Sterling

9 Sep 2024 at 5 PM - Written by David Woodsmith

STORY LINK Transatlantic Interest Rate Debate Dominates Pound Sterling

The dollar has recovered ground with the Pound to Dollar (GBP/USD) exchange rate below 1.3100 and close to 2-week lows. Following the key US jobs data and Federal Reserve comments, sentiment has shifted towards a smaller 25 basis-point US interest rate cut at next week’s policy meeting. This shift has supported the dollar with...

CATEGORIES: Pound Sterling Forecasts

Pound Sterling Today: GBP/EUR Recovers from Weekly Lows

5 Sep 2024 at 7 AM - Written by David Woodsmith

STORY LINK Pound Sterling Today: GBP/EUR Recovers from Weekly Lows

The Pound has been hampered by weaker global risk conditions amid a sharp dip in equity markets, although the currency overall has been broadly resilient. The Pound to Euro (GBP/EUR) exchange rate found support at 1-week lows below 1.1860 and secured a tentative recovery to 1.1870. Risk conditions will remain important for the Pound...

CATEGORIES: Pound Sterling Forecasts

Pound Sterling Stalls Ahead of Key US Data Releases

4 Sep 2024 at 8 AM - Written by Frank Davies

STORY LINK Pound Sterling Stalls Ahead of Key US Data Releases

After quiet conditions on Monday with the US markets closed for the Labor Day holiday, the Pound to Dollar (GBP/USD) exchange rate retreated to 10-day lows near 1.3100 on Tuesday before settling around 1.3120. Pound sentiment overall remains firm with hopes for solid growth, although US data releases are likely to dominate this...

CATEGORIES: Pound Dollar Forecasts

Inflation Slide Hurts Single Currency, Pound Sterling to Euro Exchange Rate Hits 5-Week Best

2 Sep 2024 at 7 AM - Written by David Woodsmith

STORY LINK Inflation Slide Hurts Single Currency, Pound Sterling to Euro Exchange Rate Hits 5-Week Best

There has been significant divergence in currency markets on Thursday with significant gains for the Australian and New Zealand dollars while the Euro has come under pressure following the release of weaker-than-expected inflation data. To some extent the Pound has been caught in the middle, along with the dollar, but the Pound to Euro...

CATEGORIES: Pound Euro Forecasts

Pound Sterling to Dollar Rate Consolidates near 13-Month Best

23 Aug 2024 at 12 PM - Written by David Woodsmith

STORY LINK Pound Sterling to Dollar Rate Consolidates near 13-Month Best

After sliding on Tuesday, the dollar has caught its breath in global markets, but secured only a limited correction with the dollar index (DXY) slightly above 8-month lows. The Pound to Dollar (GBP/USD) exchange rate posted sharp gains to 13-month highs fractionally above 1.3050 before a limited correction to 1.3020. US currency...

CATEGORIES: Pound Dollar Forecasts

Pound to Euro Rate Surrenders 1-Week Highs as Sterling Dips

15 Aug 2024 at 8 AM - Written by John Cameron

STORY LINK Pound to Euro Rate Surrenders 1-Week Highs as Sterling Dips

After a strong performance on Tuesday, the Pound lost ground after the latest UK inflation data with the slightly lower than expected print increasing expectations of a further near-term Bank of England (BoE) interest rate cut. The Pound to Euro (GBP/EUR) exchange rate dipped to near 1.1670 from 1.1700 and after hitting 1-week highs at...

CATEGORIES: Pound Sterling Forecasts

Pound Sterling Rallies Against Euro Dollar by Surprise UK Unemployment Decline

13 Aug 2024 at 12 PM - Written by David Woodsmith

STORY LINK Pound Sterling Rallies Against Euro Dollar by Surprise UK Unemployment Decline

The Pound posted significant gains after the latest UK labour-market data with the Pound to Dollar (GBP/USD) exchange rate hitting 1-week highs just above 1.2800. US and UK inflation data over the next day will be crucial for US interest rate expectations, risk appetite and the Pound. The UK unemployment rate declined to 4.2% in the...

CATEGORIES: Pound Sterling Forecasts

Daily Market Updates

Major Currency Forecasts

Currency Pairs

Popular Currency Tags

Currency News Info

Currency Rates Today