Dollar Pound forecast page 47 - USD GBP

The latest poll of polls, collating recent studies from ORB, BMG, TNS, Opnium, ICM and YouGov, suggests that the UK is split exactly 50 / 50 on whether to exit the European Union. While the polls remain this tight, the POUND STERLING (currency : GBP) is forecast to struggle in the markets. This morning’s domestic Consumer Price Index...

The Pound has managed to scrape a gain against the New Zealand Dollar today, although this is only because of the US Dollar pushing NZD down. GBP remains vulnerable to market shocks, which are in abundant supply due to UK Referendum news. The Pound has been low against the 'Kiwi' today, and may continue to be in the future due to renewed...

While the Pound is currently strong against the Australian Dollar, this may be undone by US Dollar movement in the near-future. If the 'Buck' crashed on the night's comments from Fed Chair Janet Yellen, the 'Aussie' may be able to rise unchecked against the British Pound. Pound Sterling could manage to advance against the Australian Dollar...

The UK currency has been extremely undesirable today, owing to a supposedly international 'ganging up' of nations and countries against the UK's steel production. The Pound has recorded minor gains against the 'Buck' today, thanks to poor US claims data from mid-March. Fed Dovishness Caused Risk-On Trading A speech from US Federal...

The Pound has closed the week on a low note, due to steel production remaining in a state of severe uncertainty this week. Sterling losses against the AUD and NZD have been exacerbated today by the United States claims data, which has failed to show any major reductions in the number of citizens involved in benefits. The Pound has lost...

British Pound to Japanese Yen losses may be worsened in the future, if the UK government fails to reach a speedy resolution on the ballooning losses faced by the UK's steel production facilities. The British Pound has slipped down against the Japanese Yen today, potentially on account of the recent turmoil that has been facing the UK's...

Pound Sterling (GBP) Exchange Rate Outlook Neutral to Negative The POUND STERLING (currency : GBP) has been shaken by Tuesday’s terrorist atrocities in Brussels. Analysts suspect that the attacks have had the effect of making a ‘Brexit’ more desirable in the eyes of UK voters and the British unit has suffered as a consequence....

The Pound has crumbled against its opponents for most of the day today, thanks to an unexpected and highly damaging report from the Confederation of British Industry (CBI) that indicates that the UK could be economically scuppered in the event of a 'Brexit'. GBP Exchange Rate: UK Consumer Prices Forecast to Provoke Volatility After a...

US Data to Provoke Market Volatility This Week: Inflation Report and FOMC Rate Decision in Focus This week’s session brings a raft of tier one data releases with the highlights coming mid-week in the USA. Our leading fundamental analyst takes a look at the likely market movers amongst the weekly statistics below – US data releases...

RBNZ Surprised Markets by Cutting the Overnight Cash Rate The most significant currency news overnight came from New Zealand where the Reserve Bank of New Zealand (RBNZ) caught investors on the back foot by trimming its key lending rate by 25 basis points, despite forecasts that they would leave it on hold. The cut sent the RBNZ’s...