Pound-to-Euro Week Ahead Forecast: Still Constructive
Week-ahead forecast: Pound sterling's underlying trend against the euro remains constructive, but repeated failures at 1.1600 suggest the pair is not yet ready for a sustained upside break.
Week-ahead forecast: Pound sterling's underlying trend against the euro remains constructive, but repeated failures at 1.1600 suggest the pair is not yet ready for a sustained upside break.
Seasonality and politics are against the pound.
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.
The British pound is underpinned ahead of the weekend by news the U.S. and Iran are set to agree an extended ceasefire, pending final approval from the U.S...
Pound Sterling Softer on Latest Iran Setback, but Dip to be Shallow Pound Sterling Loses Altitude as Rate Hike Bets Fade Pound Sterling Reacts to Negative PMI SurpriseWeek-ahead forecast: Pound sterling's underlying trend against the euro remains constructive, but repeated failures at 1.1600 suggest the pair is not yet r...
Pound Sterling Mid-year Forecast: HSBC Sees Bigger Test Ahead Pound to Stay Supported Against Euro says ING, Cites Blunted Political Risks Pound-to-Euro Week Ahead Forecast: Capitulation at 1.16Pound sterling's next hurdle is PMI data for May, due mid-morning London time.
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 SurgePound sterling holds gains against the dollar and euro after the Bank of England maintains interest rates and signals it remains guarded against rising inf...
Pound Sterling Hangs on Bank of England's Vote Split Pound's Rate Hike Support Dented by Bank of England Intervention Pound Sterling Firms on 'Hawkish' Bank of England GuidanceA busy week of U.S. data will set the tone for the dollar.
Hawkish Fed Shift to Smother Pound-Dollar Pound Can Stay Supported Against Dollar this Week Dollar Bounce Has a Ceiling: TD BankA period of stability in GBP/AUD might be coming to an end, and a retest of May lows at 1.8613 might come into play.
Australian Dollar in CPI Setback Pound-Australian Dollar Week Ahead Forecast: Coiling Spring Analysts Call Time on Australian Dollar's Stellar RunThe week ahead should see GBP/NZD downside momentum start to ease.
New Zealand Dollar Outlook Tilts on RBNZ's Hawkish Shift Pound-New Zealand Dollar Rate's Recovery Runs Into RBNZ Risk New Zealand Dollar: Why Struggling Consumers MatterThe euro can extend its recent recovery, although upside barriers are significant.
Euro-Dollar Can Unwind Some Recent Losses This Week Euro-Dollar at 1.20 Off the Table: Rabobank Euro Headwinds Grow as Economy Cools Notably in MayPound to Canadian dollar (GBP/CAD) upside favoured, albeit with limited scope for gains.
Canadian Dollar: Greer Ruffles Feathers Pound-Canadian Dollar Week Ahead Forecast: Mildly bullish Pound-to-Canadian Dollar Week Ahead Forecast: Big Support Line EncounteredIt's happening: by 2027 the Swiss franc will be stronger than the pound, according to a new forecast report.
Swiss Franc Tipped to Make a Comeback by UBS Swiss Franc Weakness Now SNB Policy "Seek Shelter in Safer Currencies" Warning Sounded