Currency Forecasts

Category: pound sterling forecast


Easing global growth fears help to boost the Australian Dollar: GBP/AUD

Australian Flag

Easing fears fro global growth and a better outlook for US and China trade negotiations has helped the Australian Dollar post some strong gains in the past few weeks. In the last calendar month the GBP/AUD exchange rate has fallen…

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MP’s to vote on Brexit: What could happen to Pound exchange rates?

Pound exchange rates

Once again we find ourselves in limbo as far as exchange rates are concerned until we have further clarity regarding Brexit. We are expecting MP’s to vote for a third time this week on Prime Minister Theresa May’s Brexit deal….

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What could move exchange rates this week?

Sterling has fallen slightly today, due to the lack of any progress with Brexit. This issue is likely to continue being the main driver for which direction the Pound takes. Anything that increases the uncertainty would weaken the Pound further e.g….

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Will the Pound go up or down this week?

Sterling has started the week rather well, pushing higher against the Euro and US Dollar, to €1.14 and $1.4050 respectively. These are good buying levels for both pairs, with the GBP/EUR rate close to an 8 month high, and GBP/USD…

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Pound/Euro lower on Retail Sales and Wage Growth data

The last 24 hours have not been kind to Sterling. Firstly we had wage growth data yesterday showing that wages are rising at a rate of 2.1%. However, inflation is running at 3% so in real terms, incomes are being…

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