Lloyds Cut Pound to Euro Exchange Rate Forecast Target
Analysts at Lloyds Bank have downgraded their official forecast for the British Pound v Euro exchange rate.
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Analysts at Lloyds Bank have downgraded their official forecast for the British Pound v Euro exchange rate.
|
Pound to Euro Latest |
|
1.1349▲ |
0.04% |
|
Previous Close: |
1.1344 |
|
Today's High: |
1.1357 |
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Today's Low: |
1.1326 |
|
|
Pound to US Dollar Latest |
|
1.2666▼ |
-0.04% |
|
Previous Close: |
1.267 |
|
Today's High: |
1.2687 |
|
Today's Low: |
1.2655 |
|
|
Pound to Australian Dollar Latest |
|
1.6805▲ |
0.23% |
|
Previous Close: |
1.6767 |
|
Today's High: |
1.6809 |
|
Today's Low: |
1.6727 |
|
|
Pound to New Zealand Dollar Latest |
|
1.7474▼ |
-0.19% |
|
Previous Close: |
1.7508 |
|
Today's High: |
1.7573 |
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Today's Low: |
1.7405 |
|
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Pound to South African Rand Latest |
|
16.4609▼ |
-0.63% |
|
Previous Close: |
16.5651 |
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Today's High: |
16.571 |
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Today's Low: |
16.3823 |
|
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Pound to Canadian Dollar Latest |
|
1.6857▼ |
-0.2% |
|
Previous Close: |
1.6891 |
|
Today's High: |
1.6914 |
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Today's Low: |
1.6833 |
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22 June, 2017 |
A less-confrontational UK government towards Brexit negotiations is one reason why analysts at Credit Suisse have adopted a more optimistic stance on the British Pound.
20 June, 2017 |
The British Pound fell against the Euro, Dollar and other major currencies on Tuesday, June 20 following the release of a speech by Governor of the Bank of England Mark Carney.
20 June, 2017 |
The Euro to Pound exchange rate has rolled at the range highs amidst a bearish consensus that the pair will go lower in the near-term.
20 June, 2017 |
The tabloids have picked up on Pound Sterling in a big way in 2017.
22 June, 2017 |
The Pound has reached the bottom of a range between €1.13 and €1.20 within which it has been trading all year. Is it time to recover from the bottom of this range back towards the top?
22 June, 2017 |
Pound Sterling jumped and the FTSE dropped after the Bank of England’s chief economist and Monetary Policy Committee member said he’s ready to vote for an increase in interest rates "relatively soon".
22 June, 2017 |
Analysts at Lloyds Bank have downgraded their official forecast for the British Pound v Euro exchange rate.
21 June, 2017 |
Pound Sterling was seen outperforming its major rivals in mid-week trade following comments from a key Bank of England member.
22 June, 2017 |
Price action on the Pound to Dollar exchange rate's daily chart is indicating that exchange rate may have reversed trend.
21 June, 2017 |
Historically GBP/USD has tended to bottom after EUR/USD, and since AFEX argue that EUR/USD has already bottomed the lag is about right for GBP/USD to soon follow suit.
20 June, 2017 |
Now could be a good time to bet on a more sustained decline in Pound Sterling we are told.
18 June, 2017 |
The Pound to Dollar rate looks like it is positioning for a move higher again as US data is expected to continue deteriorating in the coming week.
21 June, 2017 |
The pair had been in an uptrend but recent weaknesses have made the outlook more bearish.
18 June, 2017 |
There is still no change to our forecast of the pair reaching 1.1390 except that now there is na bearish tenor to the chart.
16 June, 2017 |
The EUR/USD is rising after the release of inflation data showed no change from analyst’s expectations.
14 June, 2017 |
The pair is still forecast to rise as per our June 11 report despite a pull-back following the Fed's decision to hike rates.
21 June, 2017 |
The Pound to Australian Dollar has continued falling in a trend established after the exchange rate peaked at the 1.7660 May highs.
20 June, 2017 |
The outlook for commodity prices may be the key factor influencing the direction of the Australian Dollar, according to the views of leading FX analysts.
19 June, 2017 |
The Australian Dollar was unable to hold onto early gains against the majors on Monday morning after intial strength faded due to a lack of confidence in future commodity prices.
18 June, 2017 |
The Pound to Australian Dollar continues to show a downtrending bias at the start of the new trading week.
21 June, 2017 |
The GBP/NZD pair is in a steady downtrend, which despite having reached support from the major down-sloping trendline, will probably continue sliding lower – and definitely shows no signs of recovery yet.
18 June, 2017 |
The Pound looks poised to rise against the New Zealand Dollar in the week ahead after reaching a significant layer of chart support from which to launch a new phase of rallying higher.
16 June, 2017 |
The New Zealand Dollar (Kiwi) gained support on Friday after a gauge of Manufacturing Sector, similar to the Purchasing Manager Indices (PMI’s), revealed more growth than expected.
14 June, 2017 |
The Pound to New Zealand Dollar has extended its previous decline through several major support layers but it is approaching another in the shape of a major multi-year trendline which is expected to halt declines, at least temporarily.
21 June, 2017 |
The collapse in the price of crude oil has weakened the Canadian Dollar against many currencies, but not against the Pound which is even weaker.
18 June, 2017 |
The Canadian Dollar is benefiting from a positive assessment from the Bank of Canada, and assuming data continues to be positive in the week ahead will probably have the upper hand over politically risk sensitive Sterling.
16 June, 2017 |
The Canadian Dollar could be at risk of falling against the Pound Sterling over the near-term.
14 June, 2017 |
The Pound to Canadian Dollar has declined steeply from highs of 1.78 in May to the current level in the 1.68s, however, now it has paused to consolidate before its next move.
19 June, 2017 |
The Rand is falling against the Pound due to political and economic risks as the new trading week begins.
12 June, 2017 |
GBP/ZAR has traded in wide, volatile, daily ranges after political and economic development but what is the outlook for the week ahead?
07 June, 2017 |
Unfortunately for those anticipating a stronger South African Rand, the momentum indicator MACD has been going sideways and not confirming the new downtrend.
02 June, 2017 |
It would be easy to suggest ZAR is outperforming owing to a review by Fitch Ratings, but RMB are sceptical that this is the driver behind ZAR at present.
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