Pound Sterling Surges As Mahmood Tipped for Chancellor
Reports that Burnham has selected Mahmood as Chancellor.
Reports that Burnham has selected Mahmood as Chancellor.
"Burnhamโs clear preference for an expansionary fiscal stance, higher taxation and larger gilt issuance present a downside risk to markets"
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.
Reports that Burnham has selected Mahmood as Chancellor.
Pound Sterling Ignores a Big Jump in Bond Yields Pound Sterling, the Euro and 'Bad' Rate Hikes Pound Not Prepared for Burnham Risks says EburyPolitical news and economic data underpin the pound's ascent.
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Pound Sterling's Reaction to Inflation Data Undershoot Won't Last Rising Unemployment, Cooling Wages: Bank of England Can Hold Back Hikes Pound Sterling Isn't Fooled by Q1's UK GDP SurgeDMP 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 InterventionForeign demand for AI exposure is powering the U.S. Dollar, according to Apollo's Torsten Slok.
Pound-to-Dollar Rate: New Investment Bank Consensus Forecasts Released Pound-Dollar in Big U.S. Inflation Rebound Pound-to-Dollar Week Ahead Forecast: Recovery Hits the BuffersThe pound shows some hesitation as an important graphical resistance line approaches, but the global picture remains supportive.
Pound-to-Australian Dollar: Further Gains Possible Australian Dollar: RBA Rate Hike Bets a Fade Says Commerzbank Pound-Australian Dollar Near-term Outlook: Recovery Builds in ConfidenceThe messaging and the maths all point the same way: and that's in NZD's favour.
Pound vs. New Zealand Dollar: The Coming Week New Zealand Dollar: Scope for Appreciation New Zealand Dollar to Turn Higher on RBNZ ResolveThe Euro-to-Dollar rate can squeeze up to 1.15 in the near term, according to analysts.
Dollar Bears Lack the Evidence: DNB Carnegie Euro-to-Dollar Week Ahead Forecast: Merely Corrective Euro-Dollar Relief in H2 Show ING ForecastsGBP/CAD has broken decisively above the 1.8842-1.8915 resistance zone, extending the bullish trend that has been building since late May.
Pound-Canadian Dollar Rate at Decade Highs Pound-Canadian Dollar Near-Term Forecast: Unsustainably Strong? Canadian Dollar to Recover as USD Rally Stretches: TD SecuritiesThe 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