"This Pound Serling Spike Demands Respect" says Soc Gen as GBP/EUR Exchange Rate Eyes 1.1930


"There is no significant new news in the UK but Sterling bears are still being run over by a rogue steamroller."

Euro

Pound to Euro Latest

1.1831▼

-0.29%

Previous Close:

1.1865

Today's High:

1.1889

Today's Low:

1.1816

US Dollar

Pound to US Dollar Latest

1.2943▲

0.31%

Previous Close:

1.2903

Today's High:

1.2956

Today's Low:

1.2889

Australian Dollar

Pound to Australian Dollar Latest

1.7298▲

0.11%

Previous Close:

1.7279

Today's High:

1.7322

Today's Low:

1.7245

New Zealand Dollar

Pound to New Zealand Dollar Latest

1.8833▲

0.4%

Previous Close:

1.8757

Today's High:

1.8863

Today's Low:

1.8711

South African Rand

Pound to South African Rand Latest

17.1806▼

-0.14%

Previous Close:

17.205

Today's High:

17.2488

Today's Low:

17.143

Canadian Dollar

Pound to Canadian Dollar Latest

1.7645▲

0.33%

Previous Close:

1.7587

Today's High:

1.7683

Today's Low:

1.7564

Latest British Pound News

GBP LIVE TODAY

British Pound hits Fresh Highs on Renewed Global Risk Aversion

27 April, 2017 |

Pound Sterling is in demand on Thursday, April 27 amidst a broad-based aversion to risk amongst global investors.

GBP LIVE TODAY

Deutsche Bank Release Upgraded Forecasts for Pound vs Dollar and Euro, Shows Outlook Finel…

25 April, 2017 |

Putting it all together, Deutsche Bank’s new Sterling forecast reflects a more optimistic view of the Brexit endgame, but not of Sterling fundamentals.

GBP LIVE TODAY

Election is no Game Changer for Pound Sterling say Crédit Agricole

21 April, 2017 |

The outlook for the Pound rests heavily on decision-making at the Bank of England where there is apparently little scope for a hawkish shift.

GBP/EUR: News and Forecasts

EUR

Pound to Edge Lower Against Euro Over Coming Months argue TD Securities

28 April, 2017 |

Foreign exchange strategists at TD Securities have updated clients with their latest projections for the foreign exchange and fixed income markets.

EUR

"This Pound Serling Spike Demands Respect" says Soc Gen as GBP/EUR Exchange Rate…

28 April, 2017 |

"There is no significant new news in the UK but Sterling bears are still being run over by a rogue steamroller."

EUR

British Pound to Test 2017 Lows v Euro Again Within 3 Months say Strategists

27 April, 2017 |

Credit Suisse have taken a conviction line on their forecast for the Pound to fall against the Euro by announcing a trade recommendation that seeks to take advantage of the decline.

EUR

Pound to Euro Exchange Rate: Lloyds Update End-2017 Forecast

27 April, 2017 |

One of the UK’s best-known high-street lenders has reaffirmed their view that Sterling is unlikely to advance further than current levels against the Euro.

GBP/USD: News and Forecasts

USD

Is the Pound to Dollar Rate Peaking?

28 April, 2017 |

The Pound has shrugged off worse-than-expected GDP data and is continuing to rise.

USD

No Boost for Dollar as Trump Releases Tax Plans Scant on Detail

26 April, 2017 |

The big event of the day for foreign exchange markets was the release of the US administration’s proposed changes to the US taxation system.

USD

Reagan Offers a History Lesson for the Dollar when it Comes to Tax Cuts

26 April, 2017 |

US tax cuts are likely to come with a hefty price tag, which will eventually weigh on the Dollar, argues HSBC’s David Bloom.

USD

US Dollar Peaking Against Western European Currencies: Soc Gen's Juckes

26 April, 2017 |

Regardless of what president Trump announces in his tax reform speech today, the Dollar is probably peaking versus western European currencies, says Société Générale’s Kit Juckes.

EUR/USD: News and Forecasts

Euro to Dollar

Euro to Intensify Pressure on the US Dollar, but Beware a May Bump in USD

28 April, 2017 |

The Dollar did not get the boost many thought it would from the US administration's announcement of new tax plans while analysts are becoming increasingly positive of the Euro. But, the month of May might just help the Dollar.

Euro to Dollar

Euro Slips as Super Mario Strikes Again

27 April, 2017 |

Following a good run for the Euro over recent days markets will take their next cue on where to send the shared currency from the European Central Bank who today conduct their April 2017 policy meeting.

Euro to Dollar

"The Fundamental Picture for the Euro is clearly for Upside"

25 April, 2017 |

Analysts at Nomura have told clients they believe positive fundamentals continue to underpin the Euro exchange rate complex and markets are yet to fully accept the European recovery story.

Euro to Dollar

The EUR/USD Exchange Rate Could Hit 1.12 on Macron’s 1st Round Win

23 April, 2017 |

The Euro exchange rate complex has risen following news Emmanuel Macron is headed for the Elysee Palace and should head even higher says one analyst.

GBP/AUD: News and Forecasts

AUD

The Australian Dollar Tends to Struggle in May

28 April, 2017 |

Analysts are anticipating the Australian Dollar’s poor run to extend into the month of May based on current momentum, market positioning and seasonal factors.

AUD

Pound vs Australian Dollar Outlook: Momentum Indicators are Strongly Positive

27 April, 2017 |

The British Pound is tipped to extend its ongoing advance against the Australian Dollar by  a noted foreign exchange technical analyst.

AUD

Australian Dollar Outlook Negative and Latest Inflation Data Doesn't Help

26 April, 2017 |

The Australian Dollar lost over 0.80% versus the US Dollar after the release of inflation data showed price growth undershot analyst’s expectations in Q1.

AUD

Buying the Pound and Selling the Australian Dollar: A ‘Long Trade’ that Keeps Giving

25 April, 2017 |

“Sterling’s recent rally has supported a total gain of about 6% in our long GBPAUD trade since we initiated on 23 March,” says Hamish Pepper at Barclays.

GBP/NZD: News and Forecasts

NZD

Pound Extends Gains Against New Zealand Dollar, seen at Fresh 8-Month High

25 April, 2017 |

The New Zealand Dollar was seen as the worst-performing G10 currency on Tuesday April 25.

NZD

Pound Forecast to Extend Advance on New Zealand Dollar

23 April, 2017 |

The GBP/NZD pair is looking particularly bullish at the start of a new trading week.

NZD

New Zealand Dollar is the Star Performer as NZ Inflation Jumps

20 April, 2017 |

Currencies tend to move higher when inflation moves higher. This rule was applied to the New Zealand Dollar on April 20 when it jumped in response to news New Zealand’s annualised inflation rate had jumped to 2.2%.

NZD

Pound Enters New Uptrend Against New Zealand Dollar after Piercing Major Trendline

19 April, 2017 |

After breaking through a major trendline the GBP/NZD pair looks poised to extend higher and start a fresh bull trend.

GBP/CAD: News and Forecasts

CAD

Pound Living on ‘Borrowed Time’ Against Canadian Dollar

26 April, 2017 |

The Pound to Canadian Dollar exchange rate (GBP/CAD) trades near fresh 8-month highs having touched 1.7450 this week.

CAD

Pound Could Extend Gains Against Canadian Dollar in Coming Week, but Looking Increasingly …

23 April, 2017 |

The Pound to Canadian Dollar (Loonie) rose more than any other G10 Sterling pair last week, however, we now look to the charts for guidance on the week ahead.

CAD

Canadian Dollar: Better Times Ahead

20 April, 2017 |

"We think that the downward correction will not last long and may represent buying opportunities over the medium term"

GBP/ZAR: News and Forecasts

ZAR

GBP/ZAR Gaps Lower in Exhaustion Move – Recovery Expected

24 April, 2017 |

The Pound to South African Rand has gapped down on Monday morning due to market relief at the outcome of the first round of the French presidential election, however, it is tipped to recover my market technicians.

ZAR

South African Rand Looks to Establish Uptrend Once More

21 April, 2017 |

The Rand is one of the strongest currencies against the Pound in a landscape otherwise dominated by Sterling strength at the expensive of counterparts.

ZAR

GBP/ZAR – Uptrend Still Intact Despite Sell-Off to 16.70s

18 April, 2017 |

The Pound to South African Rand has fallen to the 16.70s -  below the target of 16.80 we stipulated in our midweek review, there is still a chance the pair may rebound higher again.

ZAR

GBP/ZAR: Midweek Review, Pulling-Back to 16.80

12 April, 2017 |

GBP/ZAR has formed a short-term top and is currently breaking lower.