Pound-to-Euro Forecast: Light Sterling, Heavy Calendar
Pound Sterling's recovery against the Euro is advancing on July's high, with a heavy UK data week ahead.
Pound Sterling's recovery against the Euro is advancing on July's high, with a heavy UK data week ahead.
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.
This week's data provides the clearest evidence pound sterling can avoid the H2 slump the consensus expects.
Pound Sterling Shored Up by An Economy in Fine Fettle Pound Sterling's Rise Shadowed by Nerves Over Burnham Fiscal 'Flexibility' Pound Sterling Vulnerable to Bank of England Sitting Out the Hiking Race: HSBCPound Sterling's recovery against the Euro is advancing on July's high, with a heavy UK data week ahead.
Pound's Summer Rally Against Euro Can Linger Longer Pound to Euro Week Ahead Forecast: Support Holds Ahead of GDP Day Pound-to-Euro Tipped for Multi-Quarter Decline by RabobankPound 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 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 InterventionThe British pound has broken the ceiling that capped it since May, and the Dollar's troubles are doing the lifting.
Dollar Drops Against Pound & Euro, Inflation Print Limits Rate Hike Odds Pound-to-Dollar Week Ahead Forecast: Rising into CPI Numbers Pound-to-Dollar Spikes to 1.35 On U.S. Job LossesGBP/AUD is compressing into the apex of a triangle, and a heavy Australian data week should force the break.
GBP/AUD Upside is on Borrowed Time, Says Commonwealth Bank Australian Dollar Softens as Unanimous RBA Douses Hike Bets Pound to Australian Dollar Week Ahead Forecast: RBA in View but USD DecidesGBP/NZD's recovery has been rejected at the 200-day moving average, and a falling U.S. Dollar is working for the Kiwi.
New Zealand Dollar's Bullish Thesis Punctured by Key Survey Pound-to-New Zealand Dollar Week Ahead Forecast: Nothing Demanding a Bounce Pound-New Zealand Dollar Week Ahead Forecast: Failed Breakout Puts 2.28 in SightEUR/USD challenges its 100-day average, ensuring the coming sessions settle the recovery's major test.
Euro-Dollar Rate's Breakout Underpinned by Inflation Print Euro-to-Dollar Week Ahead Forecast: Trendline Break Faces Its First Test Euro-to-Dollar Week Ahead Forecast: Rally Reaches Key MomentGBP/CAD has lost the 50-day average against a firming Canadian Dollar, with tariffs and inflation stacking this week's calendar.
Canadian Dollar's Referendum Woes Canadian Dollar's Trade Woes Outstrip Oil's Gains Pound-Canadian Dollar Week Ahead Forecast: More CAD GainsThe 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