Pound-to-Euro Surges to One-year Best
The pound could extend its advance while French debt stress keeps fast money selling the euro.
The pound could extend its advance while French debt stress keeps fast money selling the euro.
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.
Berenberg sees the UK's bond premium narrowing under Burnham while France's widens, a contrast the pound reflects.
Pound-to-Euro Rate Tests 1.1750 Pound Sterling at 2-Week High as Economy Defies the Gloom Pound Sterling, Bonds Unenthused by Burnham SpeechThe pound could extend its advance while French debt stress keeps fast money selling the euro.
Euro Predictions as France Strains at the Seams Why Pound-to-Euro is Back Above 1.17 Pound-to-Euro Upside on ECB's Dovish TiltPound sterling was left softer following midweek inflation numbers, analysts see further losses in the near term.
Burnham's Gen-Z Base Leads Confidence to 2-year Highs Pound Sterling Up-case Reinforced by Rising Consumer Confidence UK Labour Market: Worst Has Passed, But Household Squeeze Can't be AvoidedPound sterling was left softer following midweek inflation numbers, analysts see further losses in the near term.
Bank of England Rate Cuts Will Soon Be Back on the Agenda Pound Passes Bank of England Test Pound Sterling Hangs on Bank of England's Vote SplitSterling's recovery against the Dollar looks liable to stall this week as safe-haven demand builds.
Pound-Dollar Rises After Jobs Report Kills Off October Fed Hike Pound-to-Dollar: Williams Keeps USD Strength at Bay Pound to Dollar Week Ahead Forecast: USD Rally Due a BreatherSterling's rebound against the Australian dollar looks set to stall this week as the Aussie stays well bid.
GBP/AUD Surges on Soft Core Inflation, Pared-back RBA Hike Odds Why Australian Dollar Fell Following the RBA Rate Hike Pound to Australian Dollar Week Ahead Forecast: Floor Holds, Recovery Eyes the 100-DaySterling should extend its advance against the New Zealand dollar this week, with the Kiwi short of friends.
GBP/NZD Eyes July Peak as Kiwi Caught in Trans-Tasman Rates Crossfire Pound to New Zealand Dollar Week Ahead Forecast: Uptrend Regroups for a Test of the July Peak GBP/NZD Softness to Exetend Until October RBNZ Call Is SettledThe euro could fall further as markets price the chance the ECB is forced into supporting French debt.
Euro-Dollar: French Tremors Euro-Dollar Exposed to Summer Lows After Lagarde's Dovish Tilt Euro to Dollar Week Ahead Forecast: Support Holds the Line for NowThe Pound should hold its gains against the Canadian dollar this week, with scope to extend them.
GBP/CAD Gains Look a Fade: Scotiabank Backs Canadian Dollar Resilience Pound to Canadian Dollar Week Ahead Forecast: Firm Oil Keeps Sterling Capped Pound to Canadian Dollar Week Ahead Forecast: Oil Holds the Key to September's Fragile RecoveryPound-franc exchange rate's uptrend firmly entrenched.
Pound-Franc Gains Have Further to Run: BofA Swiss Franc Most Vulnerable to Oil Spikes: HSBC Pound-Franc On Course to Slide Below Parity: J. Safra Sarasin