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GBP/EUR - Pound to Euro forecasts
Pound Euro rate falls after Bank of England ECB Rate Hikes
Pound Euro Rates fall after UK Interest Rate Decision
The Pound Euro exchange rate fell from its recent monthly highs of above 1.14 into the 1.11 levels shortly after the interest rate announcement made by the Bank of England.
The current rate of UK inflation is at 10.2% but...
Pound weakens as markets wait for key central bank meetings
Pound weakens as markets wait for key central bank meetings
Sterling closed yesterday’s session softer across the board as markets eye the eagerly anticipated Bank of England and European Central Bank interest rate decisions. Last night, the Federal Reserve in the US announced they would raise interest rates...
Will the Bank of England cause the pound to rise or fall tomorrow?
This Thursday is the latest UK Bank of England Interest Rate decision, where there is a prediction for interest rates to be raised to 4% from their current 3.5% level. There is a high expectation this will be the case, with the news effectively priced in according...
GBP/USD - Pound to US Dollar forecasts
Pound weakens as markets wait for key central bank meetings
Pound weakens as markets wait for key central bank meetings
Sterling closed yesterday’s session softer across the board as markets eye the eagerly anticipated Bank of England and European Central Bank interest rate decisions. Last night, the Federal Reserve in the US announced they would raise interest rates...
Monetary policy meetings and interest rate hikes – Will the Pound weaken further this week?
The week ahead will be a major one for the Pound, Euro and US Dollar will all three respective central banks announcing further developments in their battle to reduce inflation back to target levels, through their monetary policy meetings this week. Monetary policy meetings and decisions on...
Sterling weaker following poor economic data – will the pound drop further?
Sterling weaker following poor economic data – will the pound drop further?
Sterling opened yesterdays session at a weekly low against the single currency. The pairing increased throughout the day but is trading more than a cent lower than the monthly high reached last week, following strong UK...
GBP/AUD - Pound to Australian Dollar forecasts
Monetary policy meetings and interest rate hikes – Will the Pound weaken further this week?
The week ahead will be a major one for the Pound, Euro and US Dollar will all three respective central banks announcing further developments in their battle to reduce inflation back to target levels, through their monetary policy meetings this week. Monetary policy meetings and decisions on...
Sterling rallies after UK inflation stays high – Will the pound gain strength this week?
The Pound rallied and saw some gains in the recent week finishing at 1.1423 against the Euro and 1.2392 against the Dollar. The pound strengthened after the UK labour market data on Tuesday displayed a new record high for UK wages showing the UK is nowhere near...
Will the pound get stronger? Growth figures show a surprise positive reading on Friday
The UK looks set to avoid a recession in 2022 as GDP data was announced on Friday. The UK economy grew by 0.1% in November, with the services sector providing a welcome boost when a 0.2% expansion was announced.
This came as a surprise to many forecasters, with...
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