Pound to US Dollar forecast Sterling continues to slide against the USD will GBP continue to fall?

Sterling Rates Fall Again (Matthew Vassallo)

Sterling has lost further ground against the EUR during Thursday morning’s trading, continuing the trend from yesterday. The Pound has come under pressure against the single currency this week but the reasons for this are not entirely clear as of yet. When you look at its performance against most of the other major currencies, in particular the USD, we’ve actually seen GBP gain ground. GBP/USD rates have moved back through 1.54 and at one stage looked as if the Pound may put pressure on...

Pound does strengthen this week following my post on Monday Strength against AUD NZD...

Sterling has indeed crept up over the course of the week against the majority of majors as I had mentioned in my earlier post this week http://www.poundsterlingforecast.com/2012/03/25/u-s-gdp-figures-this-week-may-lead-to-sterling-spike/ - Once again staying reasonably stable against the Euro in what is now a considerably boring currency pair to be keeping an eye on. This morning we saw a flurry of announcements from the Bank of England inclusive of credit conditions and money supply which Later this afternoon the U.S is the main talking point, we see U.S GDP figures that...

Important day for Sterling exchange rates – Unemployment, wage growth and comments from the...

Today we have a fairly important day for Sterling exchange rates. Today's unemployment and average earnings figures will be key for Sterling’s performance for the rest of the week, not only is it a key economic data release for the U.K but it will also be closely watched by the Bank of England too, as this data will have an impact on their next move on interest rates. Average earnings figures will be the key figure they will be looking for improvement on, one of the...
The pound set to make it a hattrick of daily gains versus the dominant dollar

Next week is a very busy week for sterling exchange rates!

If you need to buy or sell the pound and are looking for a bit more for you money then next week could offer up some opportunities with plenty of economic data to move the market. With pound sterling exchange rates having taken a noted diversion south from previous high expectations, investors are keenly awaiting the next round of economic data to identify the next trend lines. To summarise I believe sterling is likely to fall on Tuesday before making a recovery on Wednesday and...
Pound to Dollar Forecast: Uplift in Global Market Sentiment Pushes GBP to USD Rate Higher

Pound Sterling Forecast 04.09.12 – 07.09.12 – Still an extremely busy week ahead!

Despite the UK data so far being mixed but overall disappointing for September,  ongoing global events are presenting some excellent buying opportunities on many of the more popular currencies we trade. GBPUSD is only a whisker away from a 3 and a half month high, GBPNZD is at a 3 month high, GBPAUD is at a 12 week high and GBPZAR is at a 3 year high! GBP NEWS - The start of each month sees a snapshot of economic activity with the Purchasing Managers Index Surveys....
New Zealand Dollar Exchange Rate: Investors Flee Leaving NZD Behind

New Zealand Dollar Exchange Rate: Investors Flee Leaving NZD Behind

Into the middle of the trading week, the New Zealand dollar has fared no better over today’s Asian trading session. The Kiwi currency is still struggling to overcome the pressure put on it by the coronavirus crisis. The drop in NZD came as investors began as foreign investors cashed in their holdings in a flight to safety over the worsening state of the global pandemic. The kiwi was trading at 59.60 US cents at 5pm in Wellington, off the day's low at 59.13 -...

Why should you contact us here at Pound Sterling Forecast? Better exchange rates and...

Over the past 7 years we have had thousands of readers get in touch with us to get our thoughts on the markets, see what rates of exchange we can offer and to generally see if we can help guide them through what can be the choppy waters of a large currency exchange. We deal with a large amount of transactions for property purchases and sales and we have managed to save the vast majority of them a great deal of money over the banks...
GBP to USD Rate Continues March Higher

12 reasons why you should get in touch with us today!

1) You are not happy with the exchange rates you receive on international transfers from your bank. 2) You are not happy with the exchange rates you are receiving from your current currency broker. 3) You are using an online trading platform with your broker to buy currency. 4) You are not kept fully up to date with market movements during the period leading up to a transaction. 5) You are due to buy or sell a property abroad and have not dealt with...
Pound to US Dollar forecast Volatility expected for GBPUSD exchange rates

Sterling Spikes Following High Court Brexit Ruling! (Matthew Vassallo)

Sterling has spiked against all the major currencies over the past 24 hours, following the High Court’s ruling over the UK’s Brexit decision. The ruling stated that the government must seek parliamentary approval before they can trigger Article 50, which will formally start the process for the UK to leave the EU. This sent shockwaves through the markets and the Pound benefitted as doubt was thrown over how and when our Brexit may happen. The general feeling is that the decision will not alter the final...
Positive End to the Week for the Pound

Mixed UK Data Slows Sterling’s Momentum (Matthew Vassallo)

It’s been a mixed week for Sterling, following some poor UK data releases. The Pound has seen its value drop against most of the major currencies, in particular against the USD & AUD. With heavy loses over the past 48 hours, investors will now questioning whether the Pounds recent momentum has disappeared. GBP/EUR rates still remain attractive to EUR buyers, with the Pound continuing to float between 1.41-1.42 on the exchange. This is approximately a cent lower than the high earlier this week, with the...