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Pound Sterling Forecast Directory - Page #89

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

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...

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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...

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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...

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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...

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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

Pound Sterling to Euro Exchange Rate Dives after PMIs Plummet

21 Jul 2016 at 2 PM - Written by John Cameron

Sterling has been shattered by two negative data days in a row; the latest of these damaging announcements has been the manufacturing, composite and services PMI flashes for July. While the Pound has managed to recover a number of its losses today, Sterling has nonetheless remained down against the Euro. Disappointing UK Retail Sales...

CATEGORIES: Euro Forecasts Pound Euro Forecasts Pound Sterling Forecasts

Pound Sterling (GBP) FX Forecast against EUR USD CHF - Poor Outlook for Foreseeable Future

21 Jul 2016 at 8 AM - Written by James Fuller

The Pound is unlikely to be in high demand in the near-term, on account of the latest domestic data concerning July PMI flashes printing extremely poorly. Sterling may be in for a low close to the week, should tomorrow's potentially negative PMI printings gel with today's exceptionally bad retail sales results for June. Pound Sterling...

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Pound Sterling (GBP) Outlook Bleak on Retail Sales Result

20 Jul 2016 at 7 AM - Written by John Cameron

Sterling has crashed lately, due to retail sales in June for the UK falling on all accounts. The Pound has made major gains across the board lately, on account of the latest unemployment rate results showing a dip from 5% to 4.9% in May. IMF Report Weighed Heavily on GBP Exchange Rates The International Monetary Fund (IMF) published...

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Pound Sterling (GBP) Forecast Soars after Unemployment Results

19 Jul 2016 at 1 PM - Written by John Cameron

Sterling has continued its rollercoaster journey this week, having climbed across the board on supportive Bank of England statements and falling unemployment in May. The Pound has little hope of recovery in the near-term, given how pessimistic the International Monetary Fund (IMF) has recently been about UK growth in 2016 and...

CATEGORIES: Pound Sterling Forecasts

Pound to Japanese Yen Rate Crashes as IMF Cuts Growth Forecasts

18 Jul 2016 at 12 PM - Written by Minesh Chaudhari

While the International Monetary Fund has recently cut its global growth outlook, the UK has also been hit hard, with the financial institution citing 'Brexit' as a reason for lowering the UK's forecasts for economic expansion in 2016 and 2017. The next day's movement for the Pound and the Yen will be in GBP's hands, given that the next...

CATEGORIES: Japanese Yen Forecasts Pound Sterling Forecasts Pound Yen Forecasts