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GBP/EUR - Pound to Euro forecasts
GBP EUR Rates – EU Summit Deadlock
The pound has seen a narrow trading range against the Euro this week as focus centres on the EU summit in Salzburg. The second part of the meeting takes place today and the markets are looking for any signs that progress is being made on moving closer...
Busy day for Pound to Euro exchange rate, as Brexit updates drive Sterling’s value
It's been a busy 24-hours for the Pound after a number of key Brexit updates have been released and there has also been some better than expected economic data releases out of the UK.
Tomorrow there will be Retail Sales data released out of the UK at 9.30am,...
UK inflation to take centre stage tomorrow
In recent weeks the pound has been making gains against the euro. Average earnings numbers and growth forecasts have increased, which reinforces the Bank of England's decision to raise interest rates. Furthermore the ongoing Brexit talks have been a lot more positive in recent weeks. Head EU...
GBP/USD - Pound to US Dollar forecasts
Escalating Trade War with China Putting Pressure on the USD
The USD has seen its value weaken against Sterling of late, with the markets seemingly becoming concerned about the escalating trade war between the US & China.
President Donald Trump has been steadfast in his commitment to heavily levee Chinese exports to the US, with multiple tariffs being...
7 week high buying US dollars with pounds; Where next for GBPUSD exchange rates?
Will GBPUSD rates rise further?
GBPUSD exchange rates have risen lately following optimism about the outlook on Brexit and concerns over the impact of rising Trade War issues. Whilst the US Federal Reserve is expected to raise interest rates next week, there is still scope for the US...
Dollar Volatility – China Retaliates on Trade Tariffs but only $60 Billion
The trade wars continue after China has responded to the tariffs that were announced by the US this week. China has retaliated with $60 billion worth of tariffs on US imports. The number is considerably less than what the US imposed on China which was $200 billion....
GBP/AUD - Pound to Australian Dollar forecasts
Brexit news causes Sterling to fall against the Australian Dollar
The Pound has continued to drop against the Australian Dollar during the course of this week as the latest Brexit talks appear to be going the wrong way at the moment.
According to the Retail Sales figure published yesterday, the UK economy was given a boost with the...
Further Trade Tariffs on China Hurting the Australian Economy and the AUD
GBP/AUD rates moved above 1.81 again overnight but the Pound is still trading almost 3 cents lower than it was on Monday.
Sterling hit a high of 1.8394 but has since retracted, with mixed reports regarding Brexit dampening the market's expectations for a swift resolution to the current...
Australian Dollar bounces on lack of teeth in Trade Wars
The Trade Wars between the US and China have been a big driver on the Australian dollar exchange rate, moving the market according to the sentiments which are driving the levels. The Australian dollar has actually risen overnight as the market finds the tariffs imposed by both...
Spotlight: Brexit Negotiations
The Pound has continued to drop against the Australian Dollar during the course of this week as the latest Brexit talks appear to be going the wrong way at the moment.
According to the Retail Sales figure published yesterday, the UK economy was given a boost with the data showing a rise of 0.3% for the last month compared to the expectation of -0.2%.
This would have typically given the Pound a boost against any foreign currency but as we have...
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