Pound Hits 1-year High Against Euro
Pound sterling hovers just below the year's highs as euro tipped to remain under pressure.
Pound sterling hovers just below the year's highs as euro tipped to remain under pressure.
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.
Barclays says further upside against the euro is to be expected.
France's Debt Woes Cast Burnham's Britain in a Positive Light Pound-to-Euro Rate Tests 1.1750 Pound Sterling at 2-Week High as Economy Defies the GloomPound sterling hovers just below the year's highs as euro tipped to remain under pressure.
Pound Surges to One Year Best Against Euro Euro Predictions as France Strains at the Seams Why Pound-to-Euro is Back Above 1.17Pound 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 SplitPositioning won't stand in the dollar's way, the data suggests.
GBP/USD Week Ahead Forecast: Staying Under Pressure Pound-Dollar Rises After Jobs Report Kills Off October Fed Hike Pound-to-Dollar: Williams Keeps USD Strength at BayHigher RBA interest rate expectations have prompted one of Australia's largest banks to lift its Australian dollar forecasts.
GBP/AUD Week Ahead Forecast: AUD Medium-term Strengths Shine Bright GBP/AUD Surges on Soft Core Inflation, Pared-back RBA Hike Odds Why Australian Dollar Fell Following the RBA Rate HikeSterling should extend its advance against the New Zealand dollar this week, with the Kiwi short of friends.
GBP/NZD Eyes July Peak as Kiwi Caught in Trans-Tasman Rates Crossfire Pound to New Zealand Dollar Week Ahead Forecast: Uptrend Regroups for a Test of the July Peak GBP/NZD Softness to Exetend Until October RBNZ Call Is SettledThe euro could recover against the pound and dollar if markets scale back the Fed increases they price.
Euro-Dollar On Course for 1.10: ING Euro Falls to 17-Month Low Against Dollar, 1.10 Comes into View Euro-Dollar: French TremorsThe Pound should hold its gains against the Canadian dollar this week, with scope to extend them.
GBP/CAD Gains Look a Fade: Scotiabank Backs Canadian Dollar Resilience Pound to Canadian Dollar Week Ahead Forecast: Firm Oil Keeps Sterling Capped Pound to Canadian Dollar Week Ahead Forecast: Oil Holds the Key to September's Fragile RecoveryPound-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