Currency Forecasts

Archives


What could impact sterling exchange rates this week? GBPEUR, GBP/USD, GBP/AUD

As we start another busy trading week I will outline below would data could impact sterling exchange rates this week. It is a busy week with much of the notable data scheduled towards the latter part of the working week….

Read More

Sterling rebounds ahead of tomorrows US jobs data

Sterling has found a small level of support against the US dollar this morning, in a move which could be short lived ahead of tomorrow’s key US jobs data. We have seen sterling now push to a high of 1.3325…

Read More

What could impact the pound this week? GBP/EUR and GBP/USD outlook

Sterling has found some support this morning against the Euro with the pound pushing to a near 10 day high against the single currency. Levels have reached a high of 1.1465 up from last weeks low of 1.1345, possibly an…

Read More

Sterling falters as interest rates held at 0.5%

Today Bank of  England (BofE) Governor and his Monetary Police Committee (MPC) members decided to keep interest rates on hold at 0.5%. As my colleague Alastair suggested in his post earlier this week sterling has fallen against all major currencies as…

Read More

Weaker UK PMI figures add to sterling’s woes

Sterling exchange rates have come under pressure again this morning following weaker than forecast UK Purchasing Managers Index (PMI) data released at 09:30 this morning.  Figures were forecast to come in at 53.5 but were weaker posting levels of 52.8.

Read More