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Pound Sterling Forecast Directory - Page #77

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Pound Sterling to New Zealand Dollar (GBP/NZD) Exchange Rate Rises Over Two-Year High on UK Wage Data

11 Sep 2018 at 4 PM - Written by David Woodsmith

STORY LINK Pound Sterling to New Zealand Dollar (GBP/NZD) Exchange Rate Rises Over Two-Year High on UK Wage Data

On Monday, the Pound to New Zealand Dollar exchange rate opened in the region of NZ$1.9781 and closed higher at a level of NZ$1.9979. This appreciation was down to growing signs that Brexit talks could be wrapped up by November – EU Chief Negotiator Michel Barnier was responsible for such assumptions. Proving how big an issue a...

CATEGORIES: Pound New Zealand Dollar Forecasts

Pound Sterling to Canadian Dollar (GBP/CAD) Exchange Rate Weakens on No-Deal Brexit Papers

23 Aug 2018 at 5 PM - Written by Toni Johnson

STORY LINK Pound Sterling to Canadian Dollar (GBP/CAD) Exchange Rate Weakens on No-Deal Brexit Papers

Pound Sterling to Canadian Dollar (GBP/CAD) Exchange Rate Drops by -0.3% on Brexit Emergency Plans The Pound (GBP) has made a moderate loss against the Canadian Dollar (CAD) today, dropping by -0.3% in the pairing. This deterioration has been caused by the latest Brexit development, which has consisted of the government releasing some...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound Sterling to South African Rand (GBP/ZAR) Exchange Rate Rises 0.9% on Rand Weakness

17 Aug 2018 at 3 PM - Written by Toni Johnson

STORY LINK Pound Sterling to South African Rand (GBP/ZAR) Exchange Rate Rises 0.9% on Rand Weakness

On Thursday, the Pound opened trading against the South African Rand at a level of 18.5373 and closed slightly higher around 18.7123. This appreciation in the GBP/ZAR exchange rate was caused by the news that UK retail sales activity had risen in July, beating forecasts across the board. While this news raised confidence among GBP...

CATEGORIES: Pound Rand Forecasts

GBP/NZD Exchange Rate News: Pound Sterling Drops after UK Wage Growth Slows

14 Aug 2018 at 4 PM - Written by Tim Boyer

STORY LINK GBP/NZD Exchange Rate News: Pound Sterling Drops after UK Wage Growth Slows

On Monday, the Pound to New Zealand Dollar exchange rate opened trading in the region of NZ$1.9376 and closed up higher around NZ$1.9411. This slight appreciation was caused by positive speculation that Tuesday’s UK wage growth data could show a rise in June. Pound to New Zealand Dollar (GBP/NZD) Exchange Rate Slides on UK Wage Growth...

CATEGORIES: Pound New Zealand Dollar Forecasts

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