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Pound Sterling Forecast Directory - Page #60

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

Pound Swedish Krona Exchange Rate Falls as Covid-19 Outbreak Increases BoE Rate Cut Odds

2 Mar 2020 at 5 PM - Written by John Cameron

STORY LINK Pound Swedish Krona Exchange Rate Falls as Covid-19 Outbreak Increases BoE Rate Cut Odds

GBP/SEK Exchange Rate Falls on Dovish BoE Statement The Pound to Swedish Krona (GBP/SEK) exchange rate plummeted by -0.9% today, with the pairing currently fluctuating around 12.207kr as the odds of a Bank of England (BoE) rate cut continues to increase amid rising coronavirus fears. The central bank’s spokesman commented: ‘The...

CATEGORIES: Pound Sterling Forecasts

Brexit and Strong Swedish Data Hits GBP to SEK Exchange Rate to Fortnight Worst

27 Feb 2020 at 2 PM - Written by James Fuller

STORY LINK Brexit and Strong Swedish Data Hits GBP to SEK Exchange Rate to Fortnight Worst

After seeing relatively narrow movement for most of the week so far, the British Pound to Swedish Krona (GBP/SEK) exchange rate was knocked yesterday and continued to see notable losses today. The Swedish Krona is benefitting from the Pound’s losses on the latest hard Brexit fears, as today’s Swedish data has been fairly...

CATEGORIES: Pound Sterling Forecasts

Euro to Pound Sterling Exchange Rate Steady as Brexit Bill Passes through Parliament

10 Jan 2020 at 11 AM - Written by John Cameron

STORY LINK Euro to Pound Sterling Exchange Rate Steady as Brexit Bill Passes through Parliament

The Pound Sterling to Euro exchange rates held steady on Friday January 10, with GBP/EUR currently around €1.176 after Prime Minister Boris Johnson’s Brexit bill cleared the House of Commons yesterday with a majority of 99, clearing the track for the UK to leave the EU on the 31st January. Sterling remain on alert, however, as the Bill...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Sinks as Bank of England Hints at Interest Rate Cuts

9 Jan 2020 at 3 PM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Sinks as Bank of England Hints at Interest Rate Cuts

GBP/AUD Exchange Rate Eases as Brexit Uncertainties Return The Pound Australian Dollar (GBP/AUD) exchange rate fell today, with the pairing currently trading around AU$1.898 after Mark Carney, the Bank of England’s (BoE) Governor, hinted at possible stimulus measures to boost the UK’s flagging economy in the months ahead. Mr Carney...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts Pound Sterling Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Edges Higher as Tories Lead Opinion Polls

9 Dec 2019 at 5 PM - Written by John Cameron

STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Edges Higher as Tories Lead Opinion Polls

GBP/AUD Exchange Rate Improves as Polls Indicate Tory Majority The Pound Australian Dollar (GBP/AUD) exchange rate rose today, with the pairing currently trading around AU$1.924 following the Survation’s opinion polls’ suggestion of a Conservative victory on the 12th December general election. The poll showed that the Tories were...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts Pound Sterling Forecasts

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

2 Dec 2019 at 4 PM - Written by John Cameron

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

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...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts Pound Sterling Forecasts

Pound Sterling to Dollar Exchange Rate: Sterling Sheds Value vs Dollar Further Ground on Improved US Consumer Confidence

8 Nov 2019 at 4 PM - Written by Frank Davies

STORY LINK Pound Sterling to Dollar Exchange Rate: Sterling Sheds Value vs Dollar Further Ground on Improved US Consumer Confidence

As the University of Michigan (UoM) consumer sentiment index showed a modest improvement on the month the Pound Sterling to US Dollar (GBP/USD) exchange rate shed further ground. With US consumer sentiment proving resilient in the face of ongoing trade tensions with China and the EU the risk of weaker economic growth appeared to...

CATEGORIES: Pound Dollar Forecasts

First Pre-Christmas General Election in a Century Leaves Pound Sterling Japanese Yen (GBP/JPY) Exchange Rate Flat

30 Oct 2019 at 11 AM - Written by John Cameron

STORY LINK First Pre-Christmas General Election in a Century Leaves Pound Sterling Japanese Yen (GBP/JPY) Exchange Rate Flat

Pound Japanese Yen (GBP/JPY) Exchange Rate Muted as December Election Likely to Bring Further Uncertainty The Pound Sterling Japanese Yen (GBP/JPY) exchange rate was left flat on Wednesday, and the pairing is currently trading at around ¥140.2810. Sterling was supported by hopes the UK will avoid crashing out of the European Union...

CATEGORIES: Pound Yen Forecasts

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

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

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...

CATEGORIES: Dollar Pound Forecasts Pound Dollar Forecasts Pound Sterling Forecasts

Trudeau’s Narrow Election Win Sends Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Lower

22 Oct 2019 at 11 AM - Written by John Cameron

STORY LINK Trudeau’s Narrow Election Win Sends Pound Sterling Canadian Dollar (GBP/CAD) Exchange Rate Lower

Pound Canadian Dollar (GBP/CAD) Exchange Rate Slides as Trudeau Clings to Power The Pound Sterling Canadian Dollar (GBP/CAD) exchange rate slumped on Tuesday morning, and the pairing is currently trading at around CA$1.6925. The Canadian Dollar edged up against the Pound and held near a three-month high after Justin Trudeau’s Liberal...

CATEGORIES: Pound Canadian Dollar Forecasts

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