Pound-to-Euro Week Ahead Forecast: Correction Completes
Pound sterling has snapped a ten-day slide against the euro and looks to be building a new layer of support that could yield to a renewed push higher.
Pound sterling has snapped a ten-day slide against the euro and looks to be building a new layer of support that could yield to a renewed push higher.
"Burnhamโs clear preference for an expansionary fiscal stance, higher taxation and larger gilt issuance present a downside risk to markets"
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 British pound rises into Friday, but that's probably no thanks to the Bank of England's July policy decision and guidance.
Pound Sterling Today: Bank of England Scenarios to Watch Out For Pound Sterling, Oil and Yields Ease Pound Sterling on Burnham Watch, Week 2Pound sterling has snapped a ten-day slide against the euro and looks to be building a new layer of support that could yield to a renewed push higher.
Pound-Euro Slide Stands Out in a Market Waiting on the Fed Pound to Euro Week Ahead Forecast: Pullback Meets the Bank of England Pound-to-Euro: Lloyds Forecast Lands North of 1.20Pound sterling's next hurdle is PMI data for May, due mid-morning London time.
Pound Sterling's Reaction to Inflation Data Undershoot Won't Last Rising Unemployment, Cooling Wages: Bank of England Can Hold Back Hikes Pound Sterling Isn't Fooled by Q1's UK GDP SurgeDMP survey shows little sign of brewing inflationary pressures.
Pound Passes Bank of England Test Pound Sterling Hangs on Bank of England's Vote Split Pound's Rate Hike Support Dented by Bank of England InterventionThe pound could struggle to extend a recent rebound against the dollar.
Pound-to-Dollar Recovers, USD Hit by Warsh Comms Pound to Dollar Week Ahead Forecast: On the Defensive Into the Fed Dollar Strength Ramps Up, Pound Eyes 6 Daily Losses on the TrotThe Australian Dollar slumped after RBA Governor Bullock declined to signal an August hike.
Australian Dollar Rebound Bolstered by "Exceptional" Jobs Print Pound-Australian Dollar Week Ahead: Setback Encountered Pound vs. Australian Dollar: What This Week OffersAbove-consensus inflation locks in further RBNZ rate hikes and New Zealand Dollar support, say analysts.
Pound-New Zealand Forecast for the Week Ahead New Zealand Dollar Powers On Pound vs. New Zealand Dollar: The Coming WeekThe euro's setup against the dollar has strengthened, but the rally faces a significant test this week.
Euro Looks to ECB's September Hike Euro Outlook Rests on a War-wary ECB Euro-Dollar to Stay Under Pressure this WeekThe Canadian dollar lets an oil rally pass it by. Here's why.
Pound-Canadian Dollar Week Ahead Forecast: More CAD Gains Pound-to-Canadian Dollar Week Ahead Forecast: Resistance Becomes Support Pound-Canadian Dollar Rate at Decade HighsThe 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