Could Euro Pound Exchange Rate Continue to Capitalise on UK Election Jitters?
Following weaker-than-expected Eurozone inflation data the mood towards the Euro has remained relatively bearish, even as the domestic labour market continued to tighten. As the consumer price index...
View ArticlePound Sterling to Australian Dollar Outlook Limited by UK Election Jitters
While Britain’s data has been relatively optimistic this week and would typically improve the Pound outlook, concerns and uncertainties about Britain’s general election next week have kept the British...
View ArticleGBP ZAR Forecast: Pound South African Rand Slips as UK Manufacturing Slows
The Pound South African Rand (GBP ZAR) exchange rate slipped from its best levels this morning as UK manufacturing slowed slightly last month. According to data release by IHS Markit the UK’s...
View ArticleUS Dollar to Pound Forecast: Will ‘Trump Bump’ Trigger ‘Trump Slump’ for USD?
The US Dollar has risen by 0.3% against the Pound recently, following an optimistic forecast from Federal Reserve official John Williams. Future USD movement could be tied to market perceptions of...
View ArticleWill GBP USD Fall on Expectations of Third 2017 Interest Rate Hike?
GBP USD exchange rates are falling despite strong construction data as election jitters and US rate hike expectations undermine the Pound. A -0.2% drop has taken the Pound Sterling US Dollar exchange...
View ArticlePound Euro Outlook Murky until UK General Election Next Week
The Pound Euro exchange rate has failed to sustain any notable gains this week. Solid Eurozone ecostats as well as rising UK general election jitters has put their pair under pressure. On Friday, GBP...
View ArticlePound Canadian Dollar Exchange Rate Trends Narrowly as Oil Outlook Weakens
Uncertainty surrounding the likely outcome of the snap general election has kept the Pound under pressure, even as UK data bettered expectations. Both the manufacturing and construction PMIs for May...
View ArticlePound to Australian Dollar Forecast: Will Minority Conservative Win Shatter...
The Pound has slumped by -0.4% against the Australian Dollar today, having been weakened by pre-election jitters. With less than a week to go before the ballots are counted, the Pound could face high...
View ArticlePound to Euro Forecast: Will GBP Crash on Conservative Election Upset?
The Pound was highly volatile against the Euro last week, in the penultimate days before the 2017 general election. The Pound opened trading at 1.1466 on Monday, but closed against the Euro around...
View ArticleCould the ECB send the Euro US Dollar Exchange Rate to New Best Levels this...
The Euro US Dollar (EUR/USD) exchange rate put in solid gains last week after a brief drop to 1.1111 last Monday. The pair ended the week near its best 2017 level and a 9-month-high of 1.1283. EUR USD...
View ArticlePound Australian Dollar Exchange Rate to Remain Vulnerable as Political...
May’s UK services PMI did little to improve confidence in the outlook of the economy, putting fresh pressure on the Pound. Investors were discouraged that the index had dipped further than forecast,...
View ArticleGBP USD Recoups Losses Following London Terror Attack
The Pound US Dollar (GBP USD) exchange rate rallied this morning after the pairing briefly fell at the start of trading in reactions to the London terror attack over the weekend. Sterling fell during...
View ArticleUSD to CAD Forecast: Will US Dollar-Boosting June Rate Hike Come to Pass?
The US Dollar has made marginal gains against the Canadian Dollar today, but could see a major surge on a near-term central bank decision. The Federal Reserve is due to meet and discuss interest rates...
View ArticleGBP Exchange Rates Mixed as UK Service Sector Growth Slows in May
Sterling Fluctuating on Mixed Election News Despite an unexpectedly strong construction PMI release on Friday (forecast 52.7, actual 56.0) any benefits for the Pound seemed negated by concern over the...
View ArticlePound to Euro Forecast: Will GBP Collapse on Turbulent Brexit Talks?
The Pound has made major gains against the Euro today, rising by 0.3% to post an exchange rate of 1.1497. This is a significant improvement on the week’s opening GBP EUR exchange rate, which started...
View ArticleHow UK General Election Outcome Could Affect Long-Term GBP AUD Exchange Rates
The GBP AUD exchange rate has dipped this week despite a brief increase in demand for the Pound. Investor appetite for the Australian Dollar has risen as the Reserve Bank of Australia (RBA) took an...
View ArticleGBP ZAR Forecast: Rand Plummets as South Africa Economy Slides into Recession
The Pound South African Rand (GBP ZAR) exchange rate surged today as the latest South African GDP figures showed that the country entered its second recession in eight years. South Africa Rand (ZAR)...
View ArticlePound Exchange Rate Rallies on 11-Point Conservative Lead
Sterling Rallies on Stronger Conservative Polling Despite yesterday’s worse-than-expected service sector PMI release the Pound exchange rate managed to claw its way back up against most of the major...
View ArticleEuro Pound Exchange Rate Set to Move on UK Election and ECB Meeting
An unexpectedly sharp contraction in German factory orders added fresh pressure to the Euro, suggesting that the Eurozone’s powerhouse economy is not in such a robust state of health. Orders weakened...
View ArticleHow UK General Election Outcome Could End the GBP CAD Flat Streak
Over the last week, GBP CAD has seen mostly flat trade as Sterling is kept weak by UK general election uncertainty while the Canadian Dollar is weighed on by oil market concerns. The Pound to Canadian...
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