Latest News on Pound Sterling Live
Live Pound Sterling Rates:
- British Pound / Euro exchange rate: 1.263
- British Pound / US dollar: 1.691
- British Pound / Australian dollar: 1.8133
- British Pound / Canadian dollar rate: 1.8427
- British Pound / New Zealand dollar rate: 1.9926
- British Pound / South African Rand rate: 18.0566
Daily Forecasts from Pound Sterling Live
Every day Pound Sterling Live presents a trade idea courtesy of the investment banks and foreign exchange brokerages that we follow. Visit the Daily Forecast Section Here.
The British pound (GBP) remains caught in a downtrend against the US dollar, moving broadly inline with 2y relative interest rate spreads which are heading in favour of the USD.
(The difference between interest rate yields in the US and UK is a key determinate for the exchange rate at the moment).
Looking at the currency markets mid-week we note the British pound (GBP) is looking decidedly weaker against both the EUR and USD.
However, weakness against the euro will likely be contained, concerns of further losses against a strengthening US dollar will however likely continue.
Euro Dollar (EUR to USD) + Euro Pound (EUR to GBP) Forecast: USD in the Driving Seat Thanks to Good News
Euro Rate Today: The shared currency is on the back-foot in the mid-week session largely thanks to events in the US where economic data is driving a fresh bout of USD strength.
Euro Rate TODAY: Forecasts Suggest Further EUR Weakness vs US Dollar and Pound Sterling (GBP) in the Weeks Ahead
For the euro exchange rate family it would seem nothing that happens on mainland Europe is of consequence at the moment.
That is because all eyes are fixated on the US and the dollar - a renewed USD rally appears to be sucking the life out of the Euro at present.
The euro exchange rate (EUR) complex continues to trade under pressure against a broadly stronger US dollar which is seen benefiting from rising US interest rate expectations.
These expectations were bolstered in the mid-week session with the release of positive US GDP data for the second quarter. The economy grew at a blinding 4%, well ahead of the expected 3%.
The pound sterling (GBP/USD) continues to struggle against the US dollar on the global currency markets.
Dollar Rate Today: Forecasts Warn of USD Strength as a Busy Week of Data Releases Head in the Right Direction
An eventful week for the dollar exchange rate complex (USD) is well underway in the mid-week session with Gross Domestic Product (Q2) coming in at 4%, well ahead of the expectation for a reading of 3%.
Australian & NZ Dollar Exchange Rate Forecasts: NZD and AUD vs the British Pound (GBP) and US Dollar
The Australian dollar (AUD) continues to look the firmer of the two antipodean currencies with the theme of New Zealand dollar (NZD) weakness forecast to play out further yet still.
The USD meanwhile retains some of its best levels of exchange against a basket of major currencies as the US economy continues to improve which acts to further suppress the commodity currency family of which the AUD, NZD, ZAR and CAD are part.
Pound vs NZ and Australian dollars: GBP/NZD and GBP/AUD LATEST News Report, Forecasts and Commentary
The British pound (GBP) continues to enjoy fresh impetus against a struggling New Zealand dollar (NZD) on the global currency markets.
GBP Exchange Rate FORECASTS: Pound to Euro + US Dollar Pairs Could be About to Head in Opposite Directions
Above: The uptrend in GBP/EUR could be cooling.
The British pound (GBP) has entered a period of softness on the global currency markets with further losses against the US dollar looking particularly likely at this stage.
Currency Forecast: Pound Dollar to Weaken, Euro Pound Support Lies Ahead, Euro Dollar Outlook Deteriorates Further
Technical forecasts are currently pointing to a break-down in the positive outlook experienced by both the euro and British pound against the US dollar for much of 2014.
Where is the British pound (GBP) going next? We consider the latest foreign exchange rate forecasts at hand regarding both the the pound dollar and euro pound pairings.
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Pound to Euro Forecast: Are You Hoping for Higher GBP-EUR Rates? 1.19 is 2014 Average sayUniCredit
In their latest update to their 2014 - 2015 pound euro exchange rate forecasts UniCredit Bank warn the pair will be stuck around the 1.19 level
Why Scotland should peg an 'independent' currency to the British pound sterling
The positive arguments for the retention of the British pound sterling (GBP) by an independent Scotland outweigh the arguments for the establishment of an independent free-floating currency argue Deutsche Bank. Read More.
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