MENU
UBS: British Pound to Fall to Within 5 Cents of Parity vs. the Euro

UBS: British Pound to Fall to Within 5 Cents of Parity vs. the Euro


Switzerland's largest bank UBS Group AG have confirmed they are maintaining one of the more bearish stances on the British Pound in the analyst community as we approach a new year.

Euro

Pound to Euro Latest

1.1227▼

-0.38%

Previous Close:

1.127

Today's High:

1.1275

Today's Low:

1.1216

US Dollar

Pound to US Dollar Latest

1.3306▼

-0.08%

Previous Close:

1.3317

Today's High:

1.3336

Today's Low:

1.3285

Australian Dollar

Pound to Australian Dollar Latest

1.7454▼

-0.21%

Previous Close:

1.749

Today's High:

1.7519

Today's Low:

1.7415

New Zealand Dollar

Pound to New Zealand Dollar Latest

1.9318▼

-0.27%

Previous Close:

1.937

Today's High:

1.94

Today's Low:

1.9269

South African Rand

Pound to South African Rand Latest

18.4841▲

0.4%

Previous Close:

18.4103

Today's High:

18.5161

Today's Low:

18.3922

Canadian Dollar

Pound to Canadian Dollar Latest

1.6925▲

0.03%

Previous Close:

1.6919

Today's High:

1.694

Today's Low:

1.6855

Latest British Pound News

GBP LIVE TODAY

The Pound Extends Losses After Business Investment Falls - Economic Growth Steady

23 November, 2017 |

Slower growth comes as Sterling's fall bleeds its way into economic data. Its effect has been to raise inflation, reducing the “real” value of spending and output.

GBP LIVE TODAY

UBS: British Pound to Fall to Within 5 Cents of Parity vs. the Euro

23 November, 2017 |

Switzerland's largest bank UBS Group AG have confirmed they are maintaining one of the more bearish stances on the British Pound in the analyst community as we approach a new year.

GBP LIVE TODAY

Budget 2017: British Pound Reactions & Analyst Viewpoints

22 November, 2017 |

The British Pound is flat ahead of the week's key event - the 2017 budget announcement. We consider the issues to watch and potential reactions by Sterling.

GBP LIVE TODAY

Budget 2017 and Pound Sterling: Potential Moves vs. Euro and Dollar

21 November, 2017 |

The most significant event for Pound Sterling this week is the Autumn Budget statement which will be delivered on Wednesday, November 22.

GBP/EUR: News and Forecasts

EUR

Euro Advances on Pound, Dollar as SPD's Shulz Throws Merkel a Lifeline

23 November, 2017 |

The Euro is firmer against both the Dollar and Pound Sterling on news reports that Germany's political limbo might soon come to an end.

EUR

Euro to Remain “Nervous and Volatile” as German Election Uncertainty Continues

21 November, 2017 |

Europe's single currency is seen on the back foot in the short-term although strategists are still upbeat about the medium to long-term outlook.

EUR

Pound-to-Euro Rate Forecast Back Down at Multi-Year Lows warn UniCredit

21 November, 2017 |

The Pound-to-Euro exchange rate is likely to remain under pressure ahead of the UK’s exit from the European Union say analysts at UniCredit bank in their latest foreign exchange forecast update.

EUR

Pound Sterling a Buy, Euro a Sell this Week say RBC Capital Markets

20 November, 2017 |

Pound-to-Euro buyers could benefit from a reversal of roles between the two currencies now the spectre of a second German election is hanging in the air.

GBP/USD: News and Forecasts

USD

A 'Bruised' Dollar Dominates Moves in Euro and Pound Sterling

23 November, 2017 |

Forget the UK budget - the past 24 hours have seen currency markets driven in large by renewed weakness in the US Dollar.

USD

Flattening Yield Curve Won't Flatten the Dollar, Recession Unlikely say Analysts

22 November, 2017 |

The Dollar has weakened in November on newfound fears of a recession owing to a flattening US treasury yield curve, but some analysts reckon this could in fact be a signal to buy the Dollar.

USD

The 1.33 Level now in Pound-to-Dollar X-Rate's Grasp

21 November, 2017 |

The Pound-to-Dollar is marginally more likely to rise than fall after repeated rejections to the downside, with 1.33 the next key obstacle higher.

USD

Pound / Dollar: Technical Forecast, Events and Data to Watch in the Week Ahead

19 November, 2017 |

The Pound-to-Dollar is currently stuck in the middle of a range and with the US Thanksgiving Day holiday this week and limited data of any importance for either currency it could very well remain a sideways market.

EUR/USD: News and Forecasts

Euro to Dollar

Euro-to-Dollar Rate Heading Back to 1.10 as US Tax Reform Tipped to Give USD a Boost: Bank…

21 November, 2017 |

Markets are under-pricing the likely economic impact of President Trump's tax cuts and underestimating the political imperative to get the bill through Washington. 

Euro to Dollar

EUR/USD to Fall as Year-end Effects and Inflation Divergence Weigh - Stay Short says Norde…

20 November, 2017 |

Inflation divergence, US politics, political risk in Europe and seasonal factors could mean EUR/USD sees further downside in December.

Euro to Dollar

Euro-to-Dollar X-Rate: Technical Forecast, Data and Events to Watch in the Coming Week

19 November, 2017 |

We retain a positive bias for the pair at the start of a new trading week after the exchange rate broke out higher and the Eurozone economy continues to show improving strength.

Euro to Dollar

Euro-to-US Dollar Resumes its Uptrend, Next Stop 1.1900

14 November, 2017 |

 The Euro-to-US Dollar has risen above a key level distinguishing the downtrend from the uptrend, and we are now bullish, which means we expect the exchange rate to go higher.

GBP/AUD: News and Forecasts

AUD

Australian Dollar: Tough Times to Soon Blow Over Suggest BNY Mellon

23 November, 2017 |

“The AUD has been caught in a perfect storm it would seem, but then the balance of risks suggests every possibility it could soon blow over,” says Neil Mellor, senior currency strategist at BNY Mellon.

AUD

Australian Dollar Seen Underperforming the G10 Basket in 2018 - Barclays

21 November, 2017 |

A narrowing interest rate differential with the US, absent underlying inflation pressures and debt laden households are all headwinds for the Aussie Dollar in 2018.   

AUD

Australian Dollar Overvalued by 11% but Tipped to Go Yet Higher vs. Pound and US Dollar in…

20 November, 2017 |

The Australian Dollar will strengthen in 2018 as strong fundamentals shine through, although may lose some of its lustre in 2019, says Unicredit.

AUD

Australian Dollar vs. Pound: Week-Ahead Technical Forecast, News, and Data

19 November, 2017 |

The pair continues rising despite mixed data from Australia and an uncertain outlook for the Pound, we assess the outlook for the pair over the coming week.

GBP/NZD: News and Forecasts

NZD

New Zealand Dollar 12% Below Fair-Value, But Don't Count on a Recovery in 2018

22 November, 2017 |

The New Zealand Dollar is well below what it should be according to bank estimates but rather than expecting it to recover, analysts see the currency as down and out.

NZD

Further New Zealand Dollar Weakness to be Limited as Fears Over Politics Overdone: Barclay…

21 November, 2017 |

A steady economy, rising wages and a supportive global growth backdrop could all help to offset political uncertainty and support the NZD ahead.

NZD

New Zealand Dollar Forecasts at ANZ Maintained Despite Threat of Changes to RBNZ Mandate

20 November, 2017 |

The New Zealand Dollar has been in a downtrend ever since the election raised the possibility of radical change to the way the central bank makes decisions, but are these concerns overdone, or are they warranted?

NZD

The Pound-to-New Zealand Dollar: Technical Forecast, Data and Events to Watch in the Week …

19 November, 2017 |

The global auction in dairy products is a major release for the New Zealand Dollar given the importance of dairy exports to the New Zealand economy, in the UK there is the Autumn Budget and on the charts, the pair is rising relentlessly.

GBP/CAD: News and Forecasts

CAD

Canadian Dollar Could Fall 20% if Washington Walks Away from NAFTA: TD Securities

22 November, 2017 |

A succesful renegotiation is still seen as most likely but break-up risk will increase once beyond March 2018, raising the threat level for the Canadian Dollar.

CAD

Pound-to-Canadian Dollar Exchange Rate's Technical Forecast, Events and Data to Watch in t…

19 November, 2017 |

The highlights of the week ahead are the conclusion of trade talks between the US and Canada and the UK Autumn Budget, whilst the charts are showing a tentative uptrend advancing higher.

CAD

NAFTA Breakdown Poses Downside Risk to Canadian Dollar vs. Pound and US Dollar

17 November, 2017 |

A breakup of the NAFTA block could see the USD/CAD rate go past 1.3225 which, in turn, which could help push Pound-to-Canadian-Dollar much higher.

CAD

USD/CAD Longs in Trouble as Oil Price Boost Reverses and Bank of Canada set to Cut Rates i…

14 November, 2017 |

Broader financial markets have shrugged off the oil price rise a temporary phenomenom, the Canadian economy is slowing and the BoC has turned dovish. 

GBP/ZAR: News and Forecasts

ZAR

South African Rand Nerves Ahead Imminent Rating Review

23 November, 2017 |

The South African currency is at risk of a sell-off on Friday as rating agencies decide whether to downgrade the country's credit rating or not, with potentially devastating consequences for its currency.

ZAR

South African Rand in 2018: Dlamini-Zuma Victory in December Won't be that Bad for ZAR

21 November, 2017 |

With the election of a new President and a worsening credit rating the prospects for South Africa and its currency do not look bright, however, some currency analysts are questioning how much lower it can go.

ZAR

Pound's Uptrend vs. South African Rand Intact: Week-Ahead Preview

20 November, 2017 |

A credit rating review of South Africa (SA), a meeting of the SA central bank and ongoing political risk suggest the possibility of volatility; whilst in the UK the chancellor unveils his autumn budget and charts still recommend more upside.

ZAR

Rand: Debt Markets Give South Africa the Green Light Ahead of Crunch Rating Decision

15 November, 2017 |

The auction comes a week out from a November 24 review, which could see S&P and/or Moody’s cut South Africa’s local-currency rating beneath investment grade.