McCafferty and the Pound Exchange rate

A run-down on why the GBP has weakened notably in spite of better-than-forecast economic data and where it is potentially going from here.

August 11,2016

indian rupee exchange rate

The GBP/INR rate is in a steady down-trend after the Bank of England (BOE) announced a comprehensive monetary stimulus programme. The rate remained relatively unchanged after the Reserve Bank of India (RBI) left rates unchanged at its meeting on Tuesday morning, however.

August 11,2016

Pound to Euro and Dollar exchange rates today

Should the GBP not be lower against its major competitors following the announcement of all-time interest rate lows at the Bank of England?

August 10,2016

pound to dollar exchange rate 5

GBP/USD began selling off heavily on Monday after investors started stockpiling dollars, as a result of the positive US jobs report showing the US economy added over a quarter of a million jobs in July.

August 9,2016

euro to pound sterling exchange rate 1

A subdued outlook for the pound contrasts with a more bullish forecast for the euro, which is set to gain at the start of the week, potentially as a result of falling risk appetite. Add to this a bearish chart and we are biased to more downside for the pair in the coming week.

August 9,2016

Bank of England and Mark Carney British Pound

Analysis of the Pound to Euro and Pound to Dollar pairs ahead of, and during the Bank of England’s policy decision and Inflation Report.

August 12,2016

Business exports on exchange rate devaluation

The CBI has reported that Britain’s SMEs are expecting to boost exports over coming quarters as the UK becomes more competitive thanks to a devaluation in the overvalued Pound Sterling.

September 30,2021

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