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Pound Sterling Forecast Directory - Page #86

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

Pound Sterling Exchange Rate Forecast vs EUR USD NZD

9 Aug 2016 at 8 AM - Written by John Cameron

BoE Interest Rate Forecast Could Trigger Further GBP to EUR, USD, NZD Exchange Rate Losses The POUND STERLING (currency : GBP) remains in grave danger of recording further near-term losses against the other sixteen most actively traded global currencies this week. Last week’s suggestion from the Bank of England (BoE) that it may consider...

CATEGORIES: Daily Currency Updates Dollar Pound Forecasts Euro Forecasts Pound Forecasts

Bank of England Turns Down the QE Quality Dial and the Pound Sterling Suffers

5 Aug 2016 at 10 AM - Written by Ben Hughes

Extensive Stimulus from the BoE Weighs on Pound Sterling (GBP) Exchange Rates Given that it has been around since the year 1694, yesterday’s decision by the Bank of England (BoE) to cut its benchmark interest rate to a new record low of 0.25% was always going to be a headline-grabber. However, the technical information contained in the...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Currency Newsflash : Bank of England Cuts Interest Rates and Ramps Up QE ? Pound Sterling Forecast to Slump

4 Aug 2016 at 1 PM - Written by John Cameron

BoE Cuts Borrowing Costs, Pound Sterling (GBP) Exchange Rates Fall Today In one of the most widely anticipated moves of recent years by a central bank, the Bank of England (BoE) announced a short time ago that it would be trimming its headline interest rate to a fresh record low of 0.25%. Base Rate had been at its previous record low of...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Pound Sterling Outlook Remains Neutral Ahead of Bank of England Interest Rate Announcement

4 Aug 2016 at 8 AM - Written by David Woodsmith

UK Headed for Recession But Pound Sterling (GBP) Exchange Rates Steady The latest surveys from leading polling company Markit, published yesterday, suggested that the UK economy is heading for a recession. Markit explained quite how bad the result of its benchmark tertiary sector version of the UK Purchasing Manager Index in its...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Pound Sterling Australian Dollar Exchange Rate Forecast Turns Negative on RBA Announcement

2 Aug 2016 at 4 PM - Written by John Cameron

RBA Rate Cut Fails to Keep Australian Dollar (AUD) Exchange Rates Depressed Last night’s decision by the Reserve Bank of Australia (RBA) to cut its benchmark interest rate to a fresh record low of 1.50% was largely expected by investors. In a clear case of placing the cart before the horse, the Australian Dollar (currency : AUD) barely...

CATEGORIES: Currency Predictions Daily Currency Updates Poun Forecasts

Worst UK Manufacturing PMI Since 2013 Hits Pound Sterling (GBP) Forecast

2 Aug 2016 at 8 AM - Written by Toni Johnson

Brexit Decision Impacts UK Economy and Weighs on Pound Sterling (GBP) Rates The evidence is mounting that the UK economy has been hard hit by June’s decision by the British electorate to vote to leave the European Union. The latest Purchasing Manager Index survey, published by Markit / CIPS yesterday morning, revealed that the...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

Today's Currency News: Pound Sterling, US Dollar, Japanese Yen Forecasts

29 Jul 2016 at 4 PM - Written by James Fuller

BoJ Policy Statement Impacts Japanese Yen (JPY), US Dollar Exchange Rates Last night’s monetary policy announcement from the Bank of Japan (BoJ) clearly laid the blame for increased uncertainty in the global markets at the feet of the UK electorate. The policy statement noted that, ‘Against the backdrop of the United Kingdom's...

CATEGORIES: Currency Predictions Daily Currency Updates Japa Forecasts

Pound Sterling FX Exchange Rate Forecast vs USD EUR JPY

28 Jul 2016 at 4 PM - Written by John Cameron

Negative Outlook for Pound Sterling (GBP) Remains on Weak UK Data The POUND STERLING (currency : GBP) failed to record any tangible gains following yesterday’s better than anticipated UK GDP data for the three months up until the end of June. Investors instead focussed on the alarming Flash PMI survey released a few days ago which...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

Pound Sterling US Dollar Exchange Rate Forecast Mixed after BoE Comments

25 Jul 2016 at 12 PM - Written by James Fuller

Sterling has been mixed against peers recently, having behaved erratically in the wake of Bank of England official Martin Weale making dovish comments about future policy decisions. The Pound has been an unsafe option against the US Dollar lately, as in addition to the USD staging a recovery, the Pound has been laid low by a -47% drop in...

CATEGORIES: Currency Predictions Daily Currency Updates Doll Forecasts

Pound Sterling Outlook Negative, Euro Forecasts Mixed

22 Jul 2016 at 8 AM - Written by Ben Hughes

The Pound has crashed against peers recently on poor PMI results, while the Euro has been a more mixed bet on account of a more diverse range of PMI flashes for the post-'Brexit' period. ECB President Mario Draghi Confident Eurozone Weathered Brexit Shock The European Central Bank (ECB) announced that it was maintaining its three...

CATEGORIES: Euro Forecasts Pound Euro Forecasts Pound Sterling Forecasts