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GBP/EUR - Pound to Euro forecasts
GBP/EUR Forecast – Strong UK Retail Sales Figures Unable to Boost Sterling’s Value
In today's Pound to Euro forecast we look at GBP/EUR rates which have remained flat throughout Thursday’s trading, with little movement of note on the pair.
The Pound has been unable to sustain its move back above 1.12 against the Euro, despite a strong run of economic data...
What does ‘no deal’ actually mean?
For people that are converting Sterling into a foreign currency, the ongoing Brexit saga continues to be the main talking point. In recent weeks a no deal departure from the EU has become evident as a high possibility. Governor of the Bank of England Mark Carney stated “the...
Will the issue in Turkey cause a problem for the Euro?
The Pound has managed to fight back against the Euro after hitting its lowest level to buy Euros since November 2017. After dropping into the 1.10 levels during last week the Pound vs Euro exchange rate is now trading above 1.12 this morning as it appears as...
GBP/USD - Pound to US Dollar forecasts
Pound to US Dollar rate officially enters its worst losing streak since the financial crisis
Yesterday the rate of cable (GBP/USD) entered its worst losing streak since the financial crisis of 10-years ago, after the pair fell for the 11th consecutive day.
The Pound has dropped in value against other major currency pairs also but the drop against the US Dollar is the...
The impact Turkish economic issues are having on GBP/USD exchange rates
We have had a fairly interesting start to the trading week for Sterling exchange rates against all of the majors and most notably against the Turkish Lira.
Because of these issues we have seen the U.S Dollar gain further ground against most major currencies.
Issues in Turkey have been...
Cable consolidates below 1.30, will Sterling manage to stage a comeback?
The Pound's woeful performance has continued over the past week, with the rate of cable (GBP to USD) now trading comfortably below the key 1.30 mark many were concerned it would drop below again.
The solid outlook regarding the US economy and the resulting interest hikes have been...
GBP/AUD - Pound to Australian Dollar forecasts
Australian Dollar Moves on Turkey Developments
The Pound continues to see a volatile period against the Australian Dollar with a lack of clear direction as a result of mixed news and data coming from the British and Australian economies.
The Pound still remains on the back foot in the Brexit limbo period whilst Parliament...
Pound to Australian Dollar rate recovers back to 1.76, will Aussie weakness see GBP/AUD trade north of 1.80 again...
The Pound has recovered some ground against a number of commodity currencies this week, including the Aussie Dollar as these types of currencies are coming pressure.
The weakness is due to contagion fears as Turkey has been in the headlines since late last week as there are concerns...
Turkish issues lead to a wobble for riskier currencies
The Australian Dollar has weakened today following news of further economic problems for Turkey.
The Turkish Lira hit an all time record low against the U.S Dollar this morning and this is starting to impact all major currencies.
With the Australian Dollar still being perceived as a 'riskier' currency...
Spotlight: Brexit Negotiations
In today's Pound to Euro forecast we look at GBP/EUR rates which have remained flat throughout Thursday’s trading, with little movement of note on the pair.
The Pound has been unable to sustain its move back above 1.12 against the Euro, despite a strong run of economic data this week.
UK economic data positive
Today’s lack of movement is somewhat surprising, considering UK Retail Sales came out well above the markets predicted result at 0.7%. This positive release is the culmination of...
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