Pound Sterling Risks a Reckoning on Surging Debt Costs
A summer lull in the pound's price action will be energised by surging debt costs and the return of politicians to Westminster.
A summer lull in the pound's price action will be energised by surging debt costs and the return of politicians to Westminster.
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.
A summer lull in the pound's price action will be energised by surging debt costs and the return of politicians to Westminster.
Pound Sterling Advance Against Euro Frustrated by the Dollar Leg Pound Sterling Pullback Defies Jump in Business Confidence, Month-end Flows to Hold Sway Pound Sterling Weakens Against Euro, Dollar in Wake of PCE NumbersPound sterling's pullback against the Euro has stalled at a short-term support line, further USD weakness could bolster the pair.
Pound-to-Euro Investment Bank Consensus Forecast: October Update Shows 300 pip Downside Risk GBP to EUR Week Ahead Forecast: Correction Still Underway Pound Rises to Six-Month High as Treasury Buyback Plan BackfiresUnder-50s drove August's jump in sentiment, a pattern tracking politics since the 2024 election.
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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 Pound's push above its yearly ceiling has failed, and Friday's payrolls could decide how far the retreat runs.
GBP to USD Week Ahead Forecast: Young Uptrend Looks to the Year's Ceiling 'Friendly' Dollar Selloff Expected by ING Dollar Slumps on U.S. Bond Buyback AnnouncementThe pound sits stretched below its short-term average against the Aussie, a mechanical rebound could follow without turning the trend.
Australian Dollar: RBA to Hike in Nov. Following Inflation Data Says ANZ Australian Dollar Set to Retest Short-term Highs on Global Sentiment Upswing GBP/AUD Week Ahead Forecast: Compression Breaks Lower on Inflation DayThe Reserve Bank will not chase inflation with faster hikes, diminishing the NZD's rate support.
Pound-to-New Zealand Dollar Week Ahead Forecast: Squeezed Towards a Breakout GBP/NZD Week Ahead Forecast: Failed Recovery Opens a Gap in the Chart GBP/NZD Week Ahead Forecast: Helpful USD BetaThe euro's advance stalled on a 'hawkish' reading of Warsh's speech, this week's inflation and jobs data could settle the direction.
Euro-Dollar Week Ahead Forecast: Broken Trendline Points Higher After a Pause Why Euro-Dollar Can Ride Out ECB Disappointment Dollar Weakness Linked to Rising Long-dated Bond Yields: AnalystsThe pound has made lower highs against the Loonie since July, and Canada's trade war has not interrupted them. The Bank of Canada and Canadian jobs are in ...
Canadian Dollar Trade War Playbook from CIBC GBP/CAD Week Head: Strengthening Tone on Trade Disruptions GBP/CAD Week Ahead Forecast: Trade Sanctions LandThe 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