Pound Sterling to US Dollar Exchange Rate Outlook: How Will GBPUSD Levels Fare in April?

USD to GBP Exchange Rate: Pound Slips on Brexit Refocus, as Dollar Highlights Improved...

Monday’s trading session can only be described as volatile for the USD/GBP exchange rate pairing, but heading into the second trading day of the week the pound saw a slip against the US dollar This morning, which pared the gains witnessed on Monday. The GBP/USD exchange rate ended Monday trading flat at $1.3104 following a rally which took the pairing to $1.32 earlier in the session. Earlier this morning the GBP/USD rate was trading 0.6% lower at $1.3050, which ruined a five-day streak as...
Pound to Euro Rate: GBPEUR Rises to Three-Week Interbank Highs

Pound to Euro Exchange Rate Outlook: What Could Move GBPEUR Rates This Week?

The pound to euro exchange rate finished last week in a strong position, finishing the week above 1.19 on the interbank rate of exchange. The pound benefitted from the lack of any interest rate cuts by the Bank of England at their latest interest rate decision meeting. Sterling also appeared to find some favour as the UK left the EU Friday night, as it underscored that yes, Brexit is happening and removed some of the uncertainty. The euro also lost some ground on Friday as...
Pound to Euro Forecast: Will the Coronavirus Further Influence GBP/EUR Rates Ahead?

Pound to Euro exchange rate: Could Sterling make further gains against the Euro next...

The pound to euro exchange rate stands at 1.1629 today, just 0.17% below its recent 26-week interbank rate high, reached on October 21st, of 1.1649. In part, this is because markets think that there’s a low chance of a ‘No Deal’ Brexit. This is because all the UK’s main political parties, except for Nigel Farage’s Brexit Party, are campaigning on the basis of the UK exiting Europe with an agreement. Shifting polls: GBP to EUR rate might be affected by UK election campaign shifting polls Next...
Sterling Remains Firm Against the Greenback

Sterling Remains Firm Against the Greenback

Sterling has been one of the best performers against the US dollar over the past week, gaining almost 7.5% in value. After touching 1.1477 on the interbank market, the pound recovered strongly and is now trading around 1.2350 (interbank market). Following the 35 year low on March 20th, the USD has been pegged back by the Federal Reserve’s ‘do whatever it takes” moment. The Fed’s unlimited quantitative easing plan provided investors with some much-needed respite, allowing them to ditch the dollar. The coronavirus pandemic...
Pound to Euro Rate: GBPEUR Rises to Three-Week Interbank Highs

Brexit Pound to Euro exchange rate: How will Sterling react to Brexit this week?

The pound to euro rate is trading on the interbank rate at 1.1579, very close to some of the best rates for buying euros with pounds since May of this year. Parliamentary drama as Letwin amendment passes When the Asian markets begin trading shortly, we could see increased volatility as the currency market struggles to digest the developments this weekend. The developments include the passing of the Letwin amendment, which seeks to ensure Boris Johnson’s Withdrawal Bill has received parliamentary approval by the Lords before...
Pound to Dollar Forecast: GBP to USD Rate Feels Weight of Disappointing Economic Data

US Dollar to Pound Outlook – What next for GBP/USD exchange rates?

Dollar continues to perform well against the Pound The US dollar has been performing well against sterling in 2019, having very recently touched the best rates since the Brexit vote in 2016. This is a combination of sterling weakness on UK political uncertainties, combined with a stronger dollar as the market embraces its more positive economic outlook. US dollar exchange rates have been improving in strength over the last few years, as the market responds positively to the improvements in the US economy in recent...
The Pound Continues to Rebound From Its 35+ Year Lows Versus the USD of 1.1409 on 19th March

The Pound Continues to Rebound From Its 35+ Year Lows Versus the USD of...

Sterling remains under pressure however, with a slip below 1.23 on the back of the latest consumer confidence figures released from GfK. Highlighting that more than 70pc of UK businesses have confirmed that they were or would be impacted by the Coronavirus pandemic, demonstrating the intense impact that Covid-19 was having at the beginning of March before the UK government put us in to virtual lockdown. The stats confirm a sharp decline in the willingness of consumers to make major purchases. Lloyds business sentiment survey...
GBPCHF Exchange Rates Reach Highest Levels Since Mid-March

Telephone Post Brexit Talks, Helps the Pound Continues Its Climb Back up Against the...

The pound has continued its rival against the Swiss Franc after seeing a low at 1.1090, the pound has recovered to 1.1880. As the spread of Covid-19 has taken over the world and increasingly dominating headlines for the first part of 2020, it has been the first major topic to overshadow the Brexit story much talked about for the last 4 years in Europe but particularly the UK. With the coronavirus putting the world on lock down it had been feared that with...
Pound to Euro Exchange Rate GBPEUR Rate Remains in 1.10’s, 6-Month Lows, as Stock Market Sell-Off Continues

Sterling Euro Forecast: Brexit Talks and Upcoming GBP Economic Data to Influence GBP/EUR Exchange...

In this piece we look we look at what has happened in the mega-saga of the Brexit deal this week, and what to look out for in the coming week. The UK met with the President of the EU Commission earlier in the week to set their Brexit talks underway. Both parties appeared positive about the talks and looked keen to get to work and resolve a trade deal. Both currencies did little to shift despite the positive beginning to the talks and encouragement...
Pound to Euro forecast Will Sterling make further gains against the Euro next week?

Pound to Euro exchange rate forecast: Sterling rates continue to suffer from Brexit uncertainty

GBP/EUR exchange rates continue to suffer due to Brexit Uncertainty The pound to euro rate has hit a 23 month low this week. This can largely attributed to the higher probability of a no deal. The more likely a no deal is the potential outcome of Brexit the weaker you would expect sterling to become. Boris will now have difficulty passing through any changes in legislation as the Conservatives lost to the Lib Dems in the Brecon and Radnorshire by-election. Boris now only has the majority by...