GBP/EUR - Pound to Euro forecasts
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/EUR exchange rates – What to look out for this week
We have had a fairly quiet start to the trading week for GBP/EUR exchange rates but this is no doubt a currency pairing that is liable to a sharp and unpredictable move at any time in the coming days and weeks.
Political news is the most likely to...
Buying Euros – GBP EUR Weakness on No Deal Prospect
As Brexit continues to dominate the headlines with the prospect of a no deal scenario, the Pound continues to trade at the lower levels against the Euro. The British Government published 28 notices yesterday giving guidance to the public and business on the prospect of a no...
GBP/USD - Pound to US Dollar forecasts
New Trade Tariffs $200 Billion Announced – Dollar Supported
The US dollar is likely to be in for a volatile period after US president Donald Trump announced tariffs on Chinese imports yesterday. This latest wave of tariffs which come into force on the 24th September are considerably higher than what we have seen to date and...
USD GBP rates ahead of Bank of England Meeting
The US dollar continues to see a volatile period as the stalemate on trade between China and the US continues. US Treasury Secretary Steven Mnuchin yesterday announced that he was proposing a meeting to work on a trade deal between the two nations. US President Donald Trump...
GBP/USD Rates Trading back Above 1.30 but will this Trend Continue?
Sterling’s rally against the USD has continued this week, with GBP/USD rates now trading back above 1.30.
With the Pound closing in on a six week high, the key question now is whether the current trend is likely to continue over the coming days?
Sterling’s value has been boosted...
GBP/AUD - Pound to Australian Dollar forecasts
GBP AUD Rates Move Higher – More Trade Tariffs Expected
The Pound continues its rally higher against the Australian Dollar with rates breaking 1.83 for the GBP AUD pair. Much of the market movement stems from an uncertain outlook for the Australian economy but also due to the wider uncertainty from the ongoing trade wars between the...
AUD Finds Support Following Potential Breakthrough in US/China Trade War
GBP/AUD rates have remained fairly flat throughout the trading week, with the pair currently trading at around 1.82.
Sterling had made significant inroads against the AUD over the past month, gaining almost 10 cents at the high. To put this in perspective, any investors transferring £100,000 GBP/AUD, would...
Strong Australian Unemployment data – Have GBPAUD exchange rates peaked?
Higher Participation rate boosts AUD
GBPAUD levels have come down almost 2 cents since the 1.8354 peak this week, currently trading around 1.8143. This is owing to a much better Unemployment report which suggest the Australian economy is performing better than previously believed This makes a future interest...
Spotlight: Brexit Negotiations
After breaking through 1.70 recently the pound vs the Canadian dollar has started to weaken again ahead of the news that the the US will be imposing up to US$200bn on Chinese goods coming in to the US.
The Canadian dollar has improved as it means that US money will likely to be spent on Canadian exports and therefore this is whey we have seen the Canadian dollar improve against sterling during the early part of this week so far.
It...
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