HSBC Eyes More Pound Sterling Weakness
The bank expects the pound to underperform, which puts the euro cross in play as well as the dollar.
The bank expects the pound to underperform, which puts the euro cross in play as well as the dollar.
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.
The Prime Minister has defended his bond market comments with borrowing costs at a 19-year high before the Budget.
OECD Growth Upgrade is in Pound Sterling's Price, 2027 Risks Favour Downside Pound Sterling a Sell With Deutsche Bank Pound Sterling, a Tax Giveaway and a Near-record August Borrowing FigureSterling has lost its 100-day average and now sits on the shelf it has to hold before the Budget.
GBP/EUR Hit By PMI Disappointment and Falling Oil Prices GBP/EUR Responding to Oil Prices Pound to Euro Week Ahead Forecast: Oil's Slide Draws Sterling Back to the PivotPound sterling was left softer following midweek inflation numbers, analysts see further losses in the near term.
Burnham's Gen-Z Base Leads Confidence to 2-year Highs Pound Sterling Up-case Reinforced by Rising Consumer Confidence UK Labour Market: Worst Has Passed, But Household Squeeze Can't be AvoidedPound sterling was left softer following midweek inflation numbers, analysts see further losses in the near term.
Bank of England Rate Cuts Will Soon Be Back on the Agenda Pound Passes Bank of England Test Pound Sterling Hangs on Bank of England's Vote SplitThe bank expects the pound to underperform, which puts the euro cross in play as well as the dollar.
Pound-Dollar Selloff Gathers Pace on U.S. PMI Beat Pound-to-Dollar Rate Pressured as USD Exceptionalism Takes Hold Pound to Dollar Week Ahead Forecast: Stretched Selloff Due a Brief ReprieveUnemployment rose to 4.6% in August, and analysts still expect the RBA to raise rates next week.
GBP/AUD Pressures Ahead on RBA-BoE Policy Split Pound to Australian Dollar Week Ahead Forecast: Downtrend Back in Charge Pound Faces Headwinds Against Aussie, Loonie and Krone While Oil Stays Above $100A warning on oil from the RBNZ Governor has pushed markets ahead of the central bank's own rate track.
Pound to New Zealand Dollar Week Ahead Forecast: Rally Stalls Beneath July Peak Pound-to-New Zealand Dollar Short-Term Forecast: Back Above the 100-Day Pivot New Zealand Dollar Upside Capped by the RBNZ's Own Rate TrackThe euro's slide is nearing a level that held through July, which could slow the dollar's advance.
Euro-Dollar Nears Two-month Low as USD, Rates Hold Sway Euro to Dollar Week Ahead Forecast: A Fragile Floor Euro-to-Dollar Week Ahead Forecast: Gas Shock Takes Out the SupportThe British pound's recovery against the Canadian dollar looks fragile, but softer oil could hand it momentum.
GBP/CAD Short-Term Forecast: Staying Bearish Pound-to-Canadian Dollar Week Ahead Forecast: Tariff Story Is Already Priced Canadian Dollar Trade War Playbook from CIBCThe 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