Pound Sterling, Bonds Unenthused by Burnham Speech
Burnham's spending pledges push gilt yields higher as the pound gives back its early gains.
Burnham's spending pledges push gilt yields higher as the pound gives back its early gains.
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.
Burnham's spending pledges push gilt yields higher as the pound gives back its early gains.
Pound Sterling Tracks Oil To Register Gains Against Euro and Dollar Pound Sterling Falls to its Lowest in Two Months Against Euro and Dollar Pound Sterling Faces a Bond Market Test as Burnham Repeats 'In Hock' ClaimLagarde's pushback against an October hike offers the pound its clearest route higher against the euro.
Pound to Euro Week Ahead Forecast: Grind Lower Beckons Pound-to-Euro Rate Slips Below 100-Day Average as Budget Risk Builds GBP/EUR Hit By PMI Disappointment and Falling Oil PricesPound 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 British pound looks due a pause in its slide against the dollar in the days ahead, but a strong U.S. jobs report on Friday could cut any rebound short.
HSBC Eyes More Pound Sterling Weakness Pound-Dollar Selloff Gathers Pace on U.S. PMI Beat Pound-to-Dollar Rate Pressured as USD Exceptionalism Takes HoldThe Australian dollar is softer after the Reserve Bank of Australia cast doubt on its willingness to raise interest rates further, lowering the odds of a N...
Pound to Australian Dollar Week Ahead Forecast: Floor Holds, Recovery Eyes the 100-Day Australian Dollar Underperforming on Carry Unwind Australian Dollar Holds 200-Day Average as Jobs Data Puts RBA Hike in PlayThe British pound looks set to press higher against the New Zealand dollar in the coming week, and any further rise in market volatility would add to the K...
GBP/NZD Softness to Exetend Until October RBNZ Call Is Settled 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 PivotLagarde's dovish tilt exposes the euro to its June low, though softer US data could trigger a rebound.
Euro to Dollar Week Ahead Forecast: Support Holds the Line for Now Euro-Dollar Due a Rebound from Two-month Lows Euro-Dollar Approaches Major Support as Dollar Rally ExtendsThe British pound looks set to stay on the back foot against the Canadian dollar in the coming week, with losses likely to extend if oil climbs further on ...
Pound to Canadian Dollar Week Ahead Forecast: Oil Holds the Key to September's Fragile Recovery GBP/CAD Short-Term Forecast: Staying Bearish Pound-to-Canadian Dollar Week Ahead Forecast: Tariff Story Is Already PricedPound-franc exchange rate's uptrend firmly entrenched.
Pound-Franc Gains Have Further to Run: BofA Swiss Franc Most Vulnerable to Oil Spikes: HSBC Pound-Franc On Course to Slide Below Parity: J. Safra Sarasin