Impressive Retail Sales Prompts GBP EUR Rally – What Next for GBP?
The GBP EUR exchange rate mounted a recovery on Thursday morning as UK retail sales rose faster than expected in February – but how is the Pound likely to perform ahead of the weekend? The...
View ArticleEuro Pound Exchange Rate Could Remain Pressured Until After the France 2017...
Even though analysts predicted a stronger chance for frontrunner Emmanuel Macron to win France’s 2017 Presidential election this week, the Euro has been persistently weak on Marine Le Pen jitters. This...
View ArticleCould a Delayed Article 50 Boost the Pound against the US Dollar?
The Pound US Dollar exchange rate has dipped slightly today, but Sterling could advance if House of Lords debates drag on for longer than expected. The Lords are currently discussing the Article 50...
View ArticleWill German Consumer Prices Boost Euro on ECB Tightening Hopes?
Wednesday sees the release of the latest German consumer price data, which could complicate the long-term Euro outlook despite a positive forecast. Price growth for February is expected to have...
View ArticleOil Prices Rocket, GBP CAD to Give up Gains?
The Pound Canadian Dollar (GBP CAD) exchange rate hit a new weekly high this morning, but will rising oil prices reverse this trend? GBP CAD began to give up ground earlier today, slipping by around...
View ArticleWill Article 50 Amendment Boost Pound Australian Dollar Demand?
The Pound Australian Dollar exchange rate rose from 1.61 on Monday to close at 1.63 before the weekend – could the pairing climb further in the coming week on Article 50 news? Last week saw House of...
View ArticleIs a Hard Brexit Already Priced in or does GBP EUR have Further to Fall in 2017?
When markets opened this week, the Pound to Euro exchange rate quickly lost most of last week’s gains and fell back to 1.17 as Brexit concerns returned to the forefront of Sterling trading. Sterling...
View ArticleCan GBP ZAR Recover Today’s Losses on Fresh Fears over Corrupt South African...
Fears that Scotland will break away from the United Kingdom are causing the GBP ZAR exchange rate to sink today, but the political outlook for South Africa could provide a reason for investors to...
View ArticleWill the Threat of Scottish Independence Referendum Drive Pound US Dollar...
The Pound has dropped by -0.3% against the US Dollar today and could be in for further spells of turbulence with Brexit looming. The most recent slump in the Pound has come from fears that a second...
View ArticleWill Latest Euro Pound Exchange Rate Rise be Undone by ECB Interest Rate...
The Euro has made marginal gains against the Pound during trading today, but may cede this strength in the future if the European Central Bank (ECB) seems set to dig its heels in over interest rates....
View ArticleBrexit Fears to Prompt Fall in Pound Australian Dollar Exchange Rate?
The Pound Australian Dollar (GBP AUD) exchange rate continues to struggle today as Brexit fears weigh on the pairing. Concerns grew as a senior economist from JP Morgan warned that Prime Minister...
View ArticleBrexit Bill Defeat in Lords to Lead to GBP EUR Exchange Rate Recovery?
The GBP EUR exchange rate may be on the verge of recovery today as the House of Lords is expected to deliver the government its first defeat for its Brexit bill. The Pound strengthened as Lords are...
View ArticleWill House of Lords Vote Boost GBP AUD?
The Pound is down by -0.5% against the Australian Dollar today on news that UK manufacturing output is slowing by more than expected. This drop in GBP demand may be reversed in the near-term, however,...
View ArticleWill Uncertain Outlook for India’s GDP Data Contain GBP INR Losses?
Uncertainty over the economic outlook for the UK has seen the GBP INR exchange rate slump, although the future seems cloudy for India’s economic data as well. Today’s UK manufacturing PMI from Markit...
View ArticleGBP NZD Forecast: Pound Losses Likely if Commons Reject Lords’ EU Citizens Bill
The Pound has edged slightly higher against the New Zealand Dollar today but the pairing may tumble depending on how things in the House of Commons develop. This follows a recent House of Lords vote,...
View ArticleGBP EUR Rises on Construction Growth – Economic Outlook Could be Rosier after...
UK construction activity growth marginally accelerated in February, against forecasts of no change, according to the latest Markit/CIPS PMI. This has allowed GBP EUR to rise 0.2% to around 1.16....
View ArticleTrump Spending Plans Prompts Downturn in GBP USD Exchange Rate
The GBP USD exchange rate is holding close to a five-week low with markets reacting positively to Donald Trump’s commitment to increase spending. Yesterday’s speech by the President, while light on...
View ArticleWill Dutch Election Result Batter Euro to Pound Demand in March?
The Euro has rallied by 0.6% against the Pound today and could extend gains in the months ahead depending on the outcome of the Dutch general election in mid-March. While not considered as important as...
View ArticleGBP CAD Appreciates Despite Rise in Canadian GDP
The Pound Canadian Dollar (GBP CAD) exchange rate strengthened overnight on Thursday, despite a notable jump in Canada’s GDP. Growth in the North American economy beat expectations that it would reach...
View ArticleGBP EUR in Trouble if Next Round of PMIs Weaken
PMIs released on Friday suggested that the long-prophesised slowdown in the UK economy post-Brexit has finally arrived, which caused the Pound Euro exchange rate to drop. A worse-than-expected fall in...
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