Pound Sterling Boosted by AI Bond Issuance and Investment Boom
The pound could hold its gains as AI money reaches the UK through business investment and the gilt market.
The pound could hold its gains as AI money reaches the UK through business investment and the gilt market.
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 pound could hold its gains as AI money reaches the UK through business investment and the gilt market.
Pound Sterling Overbought Against Euro, But Setup Remains Constructive France's Debt Woes Cast Burnham's Britain in a Positive Light Pound-to-Euro Rate Tests 1.1750Euro buyers secured a one-year best in midweek trade, and further gains depend on France delivering new bad news.
Pound Hits 1-year High Against Euro Pound Surges to One Year Best Against Euro Euro Predictions as France Strains at the SeamsPound 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 SplitMost Federal Reserve officials expect to raise interest rates again before the year is out, keeping the dollar supported.
Dollar Positioning No Headwind: Lloyds GBP/USD Week Ahead Forecast: Staying Under Pressure Pound-Dollar Rises After Jobs Report Kills Off October Fed HikeHigher 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 fall through 1.10 if markets unwind the ECB rate increases they currently price.
Euro Predictions: The Worst Has Passed says ABN AMRO Euro-Dollar On Course for 1.10: ING Euro Falls to 17-Month Low Against Dollar, 1.10 Comes into ViewThe 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