GBP USD Slips Ahead of BoE Rate Decision

Will the pound rise or fall in December?

The pound has had an amazing few weeks going from one of the world's worst performing currencies to one of the world's best performing currencies. Investors were bracing themselves for a dreadful finish to a bad year for the pound but now the outlook is a little rosier. Of course the performance of the pound will be interesting to you depending on which currency you are buying or selling against the pound. December has some very important global events alongside key news at home,...
GBP USD Exchange Rate Climbs Higher but Growth Fears Remain

RBS and Natwest to close foreign currency accounts – Will this affect you? We...

We have heard recently from a number of existing clients that RBS and Natwest are to close all foreign currency accounts in the very near future. If this is to affect you and you would like to discuss it in further detail then feel free to contact me directly as the company I work for specialise in getting much better rates of exchange than the banks and we can also hold funds in a foreign currency in a client account on your behalf, so if...
GBP EUR Edges Higher After Recent Rates Sell-Off

Should I Buy or Sell GBP At The Moment?

The answer as ever rests with which currency you are holding but if you do need to buy or sell currency for transfer abroad or back to the UK then the following is my generic overview of trends I expect to see in the currency market. GBP – Sterling has rallied notably against Euro rising to a near 4 year high however much of this has been down to turmoil in Europe rather than real sterling strength as can be seen when you cross reference...
Pound to Dollar Rate Hits Three-month High

Pound to US Dollar forecast: How will Non-Farm Payroll data affect GBP/USD exchange rates?

Will Non-Farm Payroll data affect the pound to US dollar forecast? Today is a key date in the economic calendar with the latest US Non-Farm Payroll data released. Due on the first Friday of every month, the information relates to the changes in on-agricultural employment in the United States. It is highly regarded as a key barometer of the US labour market and will provide us with insight into the latest developments in the US economy. Expectations are for the data to show a drop...
GBP USD Exchange Rate Slides on Disappointing PMI Numbers

Volatile times ahead on GBP/USD exchange rates, will the US dollar get stronger against...

GBP/USD exchange rate: Close to best rates in 2018 selling US dollars for pounds The GBP/USD exchange rate is currently trading on the interbank rate marginally above the 1.28 level, a not wholly unfamiliar level on the pair for regular monitors of the market in the last few months. 2018 has seen just over 16 cents movement between the high and the low on the pairing with current levels exceptionally close to the 1.2692 bottom seen in August. There are now a series of very important...
GBP EUR Exchange Rate: The Week Ahead August 15th

Sterling exchange rates so far in 2013 – The Pound has lost value will...

Pound performance since the start of the year: GBP-USD -5.96% GBP-EUR -6.12% GBP-AUD -5.02% GBP-NZD -6.68% GBP-CAD -3.56% GBP-CHF -4.33% GBP-ZAR -1.11% GBP-JPY 1.24% Right so for those of you in the position where you need to sell Sterling and buy a foreign currency 2013 has not been a great year. The Pound has lost value against every major currency other than the Japanese Yen... The worst performing currency so far this year. The Pound has recently hit a 16 month low against a basket of major currencies and even the BBC has recently...
GBP USD Picks Itself Up Off the Floor

Sterling currency movements today – Pound forecast against Euro, Dollar, Australian Dollar, New Zealand...

Sterling Exchange Rates today and what to expect tomorrow Sterling – Euro           A busy day for GBP/EUR today as interest rate decisions were released from both the Bank of England and European Central Bank, along with a press conference from head of the ECB Mario Draghi. Neither rate decision really threw up any huge surprises however the press conference over the course of the afternoon did lead to quite a jittery market. Draghi once again reconfirmed his statement from last month that...
GBP EUR Exchange Rate: The Week Ahead August 15th

Why is the Pound Losing Value?

The Pound has come under increasing pressure over the past few weeks and despite a slight realignment today, the general trend for the start of 2016 is certainly a negative one. The Pound has so far struggled to replicate the positive sentiment it had for much of last year and this is down to a number of factors. GBP/EUR rates have dropped by approximately 9 cents from the highs of last summer and even over the past month, we have seen a drop from 1.40....
GBP USD Exchange Rate Bounces Off Yet Another Two-Year Low

Sterling Rallies Following Latest Brexit Polls (Matthew Vassallo)

Those clients holding Sterling received a welcome boost today, following aggressive spikes for the Pound against a basket of major currencies. Sterling was boosted by the latest Brexit poll, which indicated that the Remain vote was up to 55%. The EU referendum has dominated headlines for many weeks and will confirm to do so up until the vote on June 23rd. Whilst I was not anticipating any sustained Sterling strength under current market conditions, the fact that we have now had two separate polls indicate...
The pound started the week by moving sideways against the dollar, before gaining enough traction to send it to a 10-day high – rising to the 1.38 level for the first time since 16 July.

GBP/USD Forecast – How will GBP/USD rates perform this week?

GBP/USD forecast: This is a major week for the pound to US dollar exchange rate as investors closely monitor the fallout from the UK's Brexit plans and await further news on the US Government shutdown. This week could see some key developments in both issues, as well as others, to move the currency markets. GBP/USD Forecast: The impact of Brexit outcomes Firstly, the Brexit vote in Parliament will attract lots of headlines. Will we finally see some progress on Brexit? It seems it could get worse...