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Pound Sterling Forecast Directory - Page #78

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

Pound Sterling to Turkish Lira (GBP/TRY) Exchange Rate Up 3.4% despite Brexit Handicap

9 Aug 2018 at 4 PM - Written by Frank Davies

Wednesday’s trading session saw the Pound to Turkish Lira (GBP/TRY) exchange rate open in the region of 6.8206 and close higher at a level of 6.8410. The Pound has struggled against most other currency peers this week, so yesterday’s GBP/TRY exchange rate rise was mainly down to the Lira being the weaker currency. On the UK side of...

CATEGORIES: Pound Lira Forecasts

Pound Sterling to South African Rand (GBP/ZAR) Exchange Rate Rises despite Brexit Concerns

8 Aug 2018 at 4 PM - Written by Frank Davies

Tuesday’s trading session opened with the Pound to South African Rand exchange rate at a level of 17.4036. This proved to be a high point, as the Pound fell over the course of the day to close lower against the Rand at 17.2487. In a recurrent situation, the Pound’s losses against the Rand were caused by growing concerns that the UK...

CATEGORIES: Pound Rand Forecasts

Pound Sterling to Turkish Lira (GBP/TRY) Exchange Rate Rises on Hopes for BoE Interest Rate Hike

1 Aug 2018 at 5 PM - Written by Minesh Chaudhari

The Pound to Turkish Lira exchange rate opened trading on Tuesday in the region of 6.4184 and after steady appreciation during the day, closed up higher around 6.4522. This appreciation came on a relatively quiet day in terms of economic news. The main source of support for the GBP/TRY exchange rate was speculation that the Bank of...

CATEGORIES: Pound Lira Forecasts

Pound Sterling to Swiss Franc (GBP/CHF) Exchange Rate Dips on Brexit Concerns

23 Jul 2018 at 4 PM - Written by James Fuller

Last week saw the Pound to Swiss Franc exchange rate open in the region of 1.3256 on Monday and close down lower at 1.3030 on Friday. This progressive deterioration in the value of the Pound was caused by a series of poor UK data releases, starting off with Tuesday’s jobs market data. Jobless claims rose in June and the pace of wage...

CATEGORIES: Swiss Franc Forecasts

Pound Sterling to Swiss Franc News: GBP/CHF Exchange Rate Drops -0.3% on Poor UK Sales Stats

19 Jul 2018 at 4 PM - Written by David Woodsmith

Wednesday’s trading session saw the Pound to Swiss Franc exchange rate open around 1.3090 and closed down lower at 1.3063. While a relatively minor shift, this GBP/CHF exchange rate drop was indicative of a week of poor pairing movement. Following on from Tuesday’s slowing UK wage growth figures, Wednesday saw the release of...

CATEGORIES: Pound Swiss Franc Forecasts

Pound Sterling to Australian Dollar Exchange Rate Tumbles on Brexit Worries

17 Jul 2018 at 4 PM - Written by Ben Hughes

On Monday, the Pound opened trading against the Australian Dollar at a level of 1.7405. The GBP/AUD exchange rate initially rose to a level of 1.7465, but closed down daily trading at a lower level of 1.7388. Pound Sterling to Australian Dollar Exchange Rate News: GBP/AUD Declines on Brexit Warning from BoE The Pound (GBP) has been...

CATEGORIES: Pound Australian Dollar Forecasts

GBP/EUR Exchange Rate News: Pound Sterling Weakens on Threat of Brexit Coup

16 Jul 2018 at 4 PM - Written by Tim Boyer

Last week’s currency movement saw the Pound to Euro exchange rate open trading in the €1.1303 and after five days of fluctuation, close up higher at a level of €1.1316. Weekly trading began on a positive note for Pound Sterling, when May’s GDP figure and a Q2 GDP estimate both showed growth. These results respectively came from...

CATEGORIES: Pound Euro Forecasts

Pound Sterling News: Pound to Euro Exchange Rate Drops -0.4% as Brexit Worries Hit Home

5 Jul 2018 at 5 PM - Written by Toni Johnson

On Wednesday, the Pound to Euro exchange rate opened in the region of 1.1316 and closed higher around 1.1344 by the end of daily trading. The GBP/EUR exchange rate was mainly aided by the morning’s UK services PMI, which revealed unexpected growth in June. Chartered Institute of Procurement and Supply Group Director Duncan Brock...

CATEGORIES: Pound Euro Forecasts

GBP/CAD News: Pound Sterling to Canadian Dollar Exchange Rate Rises on Services PMI Growth

4 Jul 2018 at 4 PM - Written by Tim Boyer

On Tuesday, the Pound opened trading against the Canadian Dollar in the region of 1.7329. There was significant GBP/CAD exchange rate volatility during the day, but Pound Sterling ultimately closed trading at a higher exchange rate of 1.7341. The day’s main UK news concerned the construction PMI for June, which printed above...

CATEGORIES: Pound Canadian Dollar Forecasts

GBP/NZD News: Pound Sterling to New Zealand Dollar Exchange Rate Rises 0.3% on RBNZ Caution

28 Jun 2018 at 5 PM - Written by James Fuller

Yesterday saw the Pound to New Zealand Dollar exchange rate open in the region of 1.9311 at the start of daily trading. Despite an early rise to a rate of 1.9408, the GBP/NZD pairing ultimately closed down lower around 1.9319 by the evening. The main factor lowering demand for the Pound yesterday was the concern that not enough progress...

CATEGORIES: Pound New Zealand Dollar Forecasts