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Pound Sterling Forecast Directory - Page #74

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

Pound Sterling vs Euro Exchange Rate Slumps despite Italy Budget Row

21 Nov 2018 at 4 PM - Written by John Cameron

GBP/EUR Exchange Rate Slumps despite Italian Tensions Intensifying The Pound Sterling Euro (GBP/EUR) exchange rate has made an unsuccessful attempt to push back today with the Pound falling to an inter-bank rate of €1.1214. Brussels has escalated its row with Rome over Italy’s 2019 budget, stating that its plan to stimulate their...

CATEGORIES: Pound Euro Forecasts

Pound Sterling Australian Dollar (GBP/AUD) Rises on US-China Trade Tensions

20 Nov 2018 at 4 PM - Written by John Cameron

GBP/AUD Exchange Rate Rises despite Brexit Worries as US-China Trade Tensions Flare The Pound Sterling Australian Dollar (GBP/AUD) exchange rose slightly after global trade tensions flared up again following the recent Asia-Pacific Economic Cooperation (APEC) meeting The Australian Dollar (AUD) continues to suffer from ongoing US-China...

CATEGORIES: Pound Australian Dollar Forecasts

Pound to Euro Exchange Rate: Brexit Uncertainty Reaches Temporary Stasis, Pound Sterling Firms

19 Nov 2018 at 1 PM - Written by John Cameron

GBP/EUR Exchange Rate Finds a Firmer Footing as May’s Brexit Deal is Absorbed The Pound to Euro (GBP/EUR) exchange rate started today quite strongly, climbing 0.29% to trade in the region of €1.1260. Sterling has benefitted from markets and politicians taking a breather as they continue to digest Prime Minister Theresa May’s draft...

CATEGORIES: Currency Predictions

Pound Sterling to Turkish Lira (GBP/TRY) Exchange Rate Slides despite Background Brexit Optimism

5 Nov 2018 at 4 PM - Written by Frank Davies

Last week saw the Pound open trading against the Turkish Lira at a level of TRY7.1739 and close lower in the region of TRY7.0420. Pound Sterling to Turkish Lira Exchange Rate Drops -1% during Otherwise Supportive Trading The Pound (GBP) has fallen near to a 3-month low against the Turkish Lira (TRY) today, although not through any fault...

CATEGORIES: Pound Lira Forecasts

Pound Sterling to New Zealand Dollar (GBP/NZD) Exchange Rate Drops on Latest Brexit Fears

25 Oct 2018 at 4 PM - Written by David Woodsmith

On Wednesday, the Pound fell from an opening exchange rate of NZ$1.9811 to close down lower at a level of NZ$1.9797. This depreciation was caused by high anxiety about a meeting between Prime Minister Theresa May and the 1922 Committee, a group of pro-Brexit backbench MPs. The concern at the time was that the PM might face strong...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound Sterling to Japanese Yen (GBP/JPY) Exchange Rate Losses Seen on UK Inflation Rate Slowdown

17 Oct 2018 at 4 PM - Written by John Cameron

The Pound opened trading against the Japanese Yen at a level of ¥147.1200 on Tuesday, later closing higher around ¥148.1484. This appreciation was brought on by news of a better-than-expected UK wage growth rise in August – the pace of average earnings growth increased despite forecasts for no change. At the time, there was high...

CATEGORIES: Pound Yen Forecasts

Pound Sterling to Australian Dollar (GBP/AUD) Exchange Rate Under Pressure After UK Inflation Disappointment

17 Oct 2018 at 3 PM - Written by Frank Davies

September’s UK consumer price index proved weaker than forecast, leaving the Pound Sterling to Australian Dollar (GBP/AUD) exchange rate on a downtrend on Wednesday. Investors were not impressed to find that the headline annual inflation rate had eased from 2.7% to 2.4% in September, even though this is likely to lead to stronger wage...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Sterling to New Zealand Dollar (GBP/NZD) Exchange Rate Steady after IMF Warns about Brexit Consequences

9 Oct 2018 at 3 PM - Written by Frank Davies

On Monday, the Pound to New Zealand Dollar (GBP/NZD) exchange rate opened in the region of NZ$2.0391 in the morning and closed slightly lower around NZ$2.0301 in the evening. There was little UK or New Zealand domestic data to refer to yesterday, so GBP/NZD movement was instead caused by a reported drop in UK business...

CATEGORIES: Pound New Zealand Dollar Forecasts

US Dollar to Pound Sterling (USD/GBP) Exchange Rate Dips -0.3% before Forecast Fed Interest Rate Hike

25 Sep 2018 at 5 PM - Written by James Fuller

On Monday, the US Dollar to Pound exchange rate opened at a level of £0.7645 and closed slightly lower in the region of £0.7625. The main negative influence on the US Dollar was the news that the US and China had pressed ahead with sizable trade tariffs against each other. This brought up concerns about how US businesses and...

CATEGORIES: Dollar Pound Forecasts

Pound Sterling to New Zealand Dollar (GBP/NZD) Exchange Rate Rises 1% on Brexit Reassurance

24 Sep 2018 at 5 PM - Written by Tim Boyer

Last week, the Pound opened trading against the New Zealand Dollar at a level of NZ$1.9984 on Monday and closed down lower around NZ$1.9550 on Friday. This deterioration was caused by a late-week Brexit scare, which began with Thursday’s EU summit. Taking place in Salzburg, this summit brought together EU leaders for what GBP traders...

CATEGORIES: Pound New Zealand Dollar Forecasts