Currency Forecasts

Category: GBP/USD


Stock market correction lends support back to the pound. What could happen to sterling exchange rates?

Following Mondays bleak day for global stocks in which the Dow Jones fell by 4.6%, its largest daily loss since 2011, markets have made some what of a recovery lending support back to the pound. In particular we have seen…

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Risk appetite hits the pound, what is in store for sterling this week?

Sterling has posted some losses to start the week following yesterdays poor service data as the the service sector clocked its slowest rate of expansion since September 2016 in January. As a result, the Pound (GBP) trended lower across the…

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Leaked Government Brexit analysis stops sterling in its tracks

Yesterdays leaked  Government document surrounding Brexit suggested that in every scenario the UK will be in a worse off position. In the document released on website Buzzfeed, it suggested the UK growth could be as much as 8% worse off…

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Sterling posts losses to end the trading week

Sterling has ended the week on negative note following some multi year highs experienced earlier in the week. In fact some of the ground sterling has made has been pretty significant having rallied, at one point, over 4.5% against the…

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Poor retail sales for December halts the pounds charge

Following this mornings poor UK retail sales data sterling has taken a slight tumble against most of its major counterparts. In particular the loss has been felt the hardest against the US dollar with the pound falling from a high…

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