Pound-to-Euro On Back Foot Into Bank of England Call
Pound sterling was left softer following midweek inflation numbers, analysts see further losses in the near term.
Pound sterling was left softer following midweek inflation numbers, analysts see further losses in the near term.
The consensus is ripe to be challenged.
More →Official daily exchange rates from 1971 to today: Bank of England, ECB and interbank sources.
Bank of England trade-weighted sterling effective exchange rate index (Jan 2005 = 100)
A reading above 100 means the currency is expensive relative to its long-run historical average. Below 100 means it is undervalued.
These inflation data make the market's rich bet on Bank of England rate hikes look ridiculous.
Pound Sterling Buffeted by Surging Bond Yields Pound Sterling Gains on Euro & Dollar as Economy "Just Keeps On Growing" Pound Sterling: Burnham 'in Hoc' to Social SpendingPound sterling was left softer following midweek inflation numbers, analysts see further losses in the near term.
Euro Outlook Hammered by Rising Gas Prices Pound-to-Euro Forecast to Build Gains This Week Pound a Sell Against the Euro says TS LombardUnder-50s drove August's jump in sentiment, a pattern tracking politics since the 2024 election.
Pound Sterling Up-case Reinforced by Rising Consumer Confidence UK Labour Market: Worst Has Passed, But Household Squeeze Can't be Avoided Pound Sterling Reacts to Negative PMI SurpriseDMP survey shows little sign of brewing inflationary pressures.
Pound Passes Bank of England Test Pound Sterling Hangs on Bank of England's Vote Split Pound's Rate Hike Support Dented by Bank of England InterventionThe British Pound could struggle to recover against the Dollar as investment bank analysts see further U.S. interest rate hikes ahead.
Pound-to-Dollar Week Ahead Forecast: The Fulcrum and the Fed Pound to End Week in the Red as Dollar Boosted by U.S. Inflation Print Pound-to-Dollar Week Ahead Forecast: Centre of Gravity is Below HereThe British pound looks due a corrective bounce against the Australian dollar in the days ahead, but beyond that, the decline has further to run.
Pound-to-Australian Dollar Week Ahead Forecast: A Bounce Without a Turn Australian Dollar: RBA to Hike in Nov. Following Inflation Data Says ANZ Australian Dollar Set to Retest Short-term Highs on Global Sentiment UpswingThe British pound looks set to extend its recovery against the New Zealand dollar in the days ahead, but the market isn't ready to trend meaningfully.
New Zealand Dollar Upside Capped by the RBNZ's Own Rate Track Pound-to-New Zealand Dollar Week Ahead Forecast: Squeezed Towards a Breakout GBP/NZD Week Ahead Forecast: Failed Recovery Opens a Gap in the ChartThe euro looks set for further losses against the dollar this week, with surging European gas prices now driving the market and a Federal Reserve decision ...
Euro Predictions Following the ECB Rate Hike Euro-to-Dollar Short-Term Forecast: Fade ECB Reaction Euro-Dollar Isn't CapitulatingThe British pound looks set for further losses against the Canadian dollar in the near term, with losses potentially accelerating on any positive developme...
Pound-to-Canadian Dollar Week Ahead Forecast: Tariff Story Is Already Priced Canadian Dollar Trade War Playbook from CIBC GBP/CAD Week Head: Strengthening Tone on Trade DisruptionsThe Pound's uptrend against the Swiss Franc has more to give, according to Bank of America, which says both its quantitative signals and the charts point h...
Swiss Franc Most Vulnerable to Oil Spikes: HSBC Pound-Franc On Course to Slide Below Parity: J. Safra Sarasin Swiss Franc Tipped to Make a Comeback by UBS