Escalation in Catalan Tensions Boosts Pound Euro Exchange Rate
Confidence in the Pound continued to pick back up at the start of the week, with markets reassured by the signs of some forward progress in the Brexit negotiations. While the actual start of the second...
View ArticleEuro or US Dollar; Who Will Win in the Battle of Monetary Policy?
The Euro to US Dollar exchange rate has slumped today, as markets get ready for this week’s key monetary policy meeting. EUR USD has fallen -0.4% to 1.1735, but could rebound sharply later in the week....
View ArticleGBP AUD Exchange Rate Forecast Mixed on Brexit Woes and AU Inflation
The Pound Australian Dollar (GBP AUD) exchange rate could prove increasingly volatile this week depending on progress made with Brexit, the UK’s GDP figures and Wednesday’s Australian inflation...
View ArticlePound to US Dollar (GBP USD) Exchange Rate Volatility ahead on BoE Rate Decision
On Tuesday afternoon, the Pound has lost further ground to the stronger US Dollar. Having traded at an exchange rate of 1.3181 earlier, the Pound has since slipped to a rate of 1.3122. This...
View ArticleGBP EUR Exchange Rate Forecast Dependant on Upcoming UK GDP Figures
The Pound Euro exchange rate could become increasingly volatile tomorrow depending on the outcome of the UK’s GDP figures and various German IFO surveys. GBP Exchange Rates Dependent on UK GDP Release...
View ArticlePound Canadian Dollar Outlook to be influenced by Bank of Canada (BOC) Tone
Recent Canadian data has been underwhelming, so Pound Canadian Dollar investors are highly anticipating Wednesday’s Bank of Canada (BOC) policy decision to see if the bank’s outlook on Canada’s economy...
View ArticleEuro to Pound Trading could Worsen on Continued Catalonian Unrest
The Euro has fallen by -0.3% against the Pound today, in the wake of a largely disappointing European Central Bank (ECB) event. The ECB had been expected to start tightening monetary policy or taper...
View ArticleGBP AUD Exchange Rate Outlook Surges after Australian Inflation Falls Short
The GBP AUD exchange rate surged on Wednesday. The latest Australian inflation data fell short of market expectations and this was enough to cause an Australian Dollar selloff. Meanwhile, Sterling was...
View ArticleGDP Data Puts UK, Canada on Opposite Ends of G7 Spectrum; GBP/CAD to Weaken?
Forecast-beating UK gross domestic product figures covering the third quarter have failed to soften the gloom surrounding Great Britain’s economy today. The UK and Canada occupy the two ends of the G7...
View ArticleCould Dovish ECB Taper Announcement Reverse Euro Pound Exchange Rate Uptrend?
An unexpected uptick in the Eurozone M3 for September encouraged the Euro to strengthen ahead of the latest European Central Bank (ECB) policy decision. While the modest increase in the domestic money...
View ArticleGBP USD Slides on Fresh Brexit Uncertainty
The Pound US Dollar (GBP USD) exchange rate beat a hasty retreat this morning amidst renewed Brexit Uncertainty. Pound (GBP) Weakened as Brexit Concerns Grow Sentiment in the Pound is sliding again...
View ArticlePound Rand Outlook Rises amid Concerning South African Budget Presentation
South Africa’s new finance minister, Malusi Gigaba, handled his first budget presentation on Wednesday, and the Pound Rand exchange rate soared as investors expressed disappointment with the details....
View ArticleIs GBP/USD Turbulence ahead on Key BoE Rate Decision?
The Pound has lost ground to the US Dollar today, but both currencies may turn highly volatile on upcoming interest rate and budgetary news. Pound may face Volatility on November BoE Interest Rate...
View ArticleEuro Pound Exchange Rate Outlook High Despite ECB Dovishness
The Euro Pound exchange rate tumbled to a three-week-low of 0.8852 on Thursday as investors digested the European Central Bank’s (ECB) cautious quantitative easing (QE) outlook. Sterling remains...
View ArticleGBP CAD Exchange Rate Outlook Positive on Superior Hike Prospects for BoE
The Pound Canadian Dollar (GBP CAD) exchange rate could claw back some of its recent losses in the near-term, depending on what stance the Bank of England (BoE) takes next week at its November rate...
View ArticleGBP CAD Strengthened by BoE Rate Hike Expectations
The Pound Canadian Dollar (GBP CAD) exchange rate continues to press higher this morning as investors await the BoE rate decision later this week. Pound (GBP) Bolstered by BoE Speculation The Pound has...
View ArticlePound New Zealand Dollar Outlook Lower as NZ Job Market Stronger than Expected
The New Zealand Dollar has seen its first bullish movement since the new Labour-led coalition came into power, pushing the Pound New Zealand Dollar exchange rate down from its 2017 highs. While GBP NZD...
View ArticleCan ECB Resist Temptation to Restore QE? EUR GBP Long-Term Forecast Hinges on...
The European Central Bank (ECB) may have only just cut the rate of asset purchases under its quantitative easing programme, but with poor inflation data having swiftly followed, could the Governing...
View ArticleCould Pound Canadian Dollar Exchange Rate Falter on Disappointing BoE Meeting?
Investors were encouraged as the UK manufacturing PMI bettered expectations in October, prompting the Pound Canadian Dollar exchange rate to trend higher. The UK manufacturing sector appeared to get...
View ArticleGBP/EUR Rate Crashes despite BoE Rate Hike – Are Further Losses Ahead?
The Pound has fallen even further against the Euro on Thursday afternoon, dropping from an earlier rate of 1.1255 to a fresh low of 1.1195. This deterioration comes as traders process the fact that the...
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