Euro Pound forecast page 73 - EUR GBP

POUND STERLING Sterling has held up well against all but the safest of safe-haven currencies during today’s session in the markets. The main attraction of the Pound has been that it is not the Euro, as investors have put any thoughts of the UK being isolated in Europe to the back of their minds. NEAR-TERM OUTLOOK – NEUTRAL TO...

The Pound Euro exchange rate (GBP EUR) is 1.1717. The Pound Dollar exchange rate (GBP USD) is 1.5699. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5297. The Eurozone once again provided the focus for currency market investors during yesterday’s session, ahead of tomorrow’s key EU summit in Brussels. The main...

POUND STERLING Today’s PMI Services Sector survey showed a pick-up in activity in this key sector of Britain’s economy, providing a welcome fillip for the Pound. Wednesday’s UK Industrial and Manufacturing numbers may not be so encouraging – investors holding Sterling assets should make hay while the sun shines. NEAR-TERM OUTLOOK...

The Pound Euro exchange rate GBP EUR is trading at 1.16371, up 0.04%. The Pound Dollar exchange rate GBP USD is trading at 1.56489, up 0.28%. The Pound Australian Dollar exchange rate GBP AUD is trading at 1.52601, up 0.11%. The Pound New Zealand Dollar currency rate GBP NZD is trading at 2.000355, up 0.16%. The Euro Dollar rate EUR USD is...

The Pound Euro exchange rate (GBP EUR) is 1.1640. The Pound Dollar exchange rate (GBP USD) is 1.5641. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5283. Last week’s session in the currency markets was marked by the return of global appetite for risk amongst institutional investors, which caused the FTSE 100 index to gain 7%...

POUND STERLING This morning’s UK PMI Manufacturing sector survey for November narrowly beat analysts’ expectations, but still showed a slowdown in Britain’s manufacturing sector in comparison with October’s figure. If Monday’s PMI Services sector survey goes the same way, then there is potential for the Pound to start the week...

The Pound Euro exchange rate GBP EUR is trading at 1.16528, down 0.28%. The Pound Dollar exchange rate GBP USD is trading at 1.56987, down 0.04%. The Pound Australian Dollar exchange rate GBP AUD is trading at 1.53271, up 0.06%. The Pound New Zealand Dollar currency rate GBP NZD is trading at 2.01238, down 0.19%. The Euro Dollar rate EUR...

POUND STERLING This morning’s PMI Manufacturing Survey results showed that the UK’s manufacturing sector contracted once again last month, but not by as much as analysts had anticipated. Poor data from Britain’s real economy is nothing new, but nonetheless, the Pound lost ground against all but the high-yielders on the day....

POUND STERLING Poor UK housing data and moves in favour of other currencies have added up to a poor day for the Pound. Tomorrow could see some improvement with the Chancellor of the Exchequer announcing expansionary policies and a credit easing scheme for the UK economy. NEAR -TERM OUTLOOK – NEUTRAL. US DOLLAR – The Pound Dollar...

The Pound Euro exchange rate (GBP EUR) is 1.1662. The Pound Dollar exchange rate (GBP USD) is 1.5502. The Pound Australian Dollar exchange rate (GBP AUD) is 1.5749. With UK interest rates running at a record-low of 0.50% and the Bank of England having already committed £275bn to its quantitative easing scheme, there appear to be few...