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Lloyds Cut Pound to Euro Exchange Rate Forecast Target

Lloyds Cut Pound to Euro Exchange Rate Forecast Target


Analysts at Lloyds Bank have downgraded their official forecast for the British Pound v Euro exchange rate.

Euro

Pound to Euro Latest

1.1349▲

0.04%

Previous Close:

1.1344

Today's High:

1.1357

Today's Low:

1.1326

US Dollar

Pound to US Dollar Latest

1.2666▼

-0.04%

Previous Close:

1.267

Today's High:

1.2687

Today's Low:

1.2655

Australian Dollar

Pound to Australian Dollar Latest

1.6805▲

0.23%

Previous Close:

1.6767

Today's High:

1.6809

Today's Low:

1.6727

New Zealand Dollar

Pound to New Zealand Dollar Latest

1.7474▼

-0.19%

Previous Close:

1.7508

Today's High:

1.7573

Today's Low:

1.7405

South African Rand

Pound to South African Rand Latest

16.4609▼

-0.63%

Previous Close:

16.5651

Today's High:

16.571

Today's Low:

16.3823

Canadian Dollar

Pound to Canadian Dollar Latest

1.6857▼

-0.2%

Previous Close:

1.6891

Today's High:

1.6914

Today's Low:

1.6833

Latest British Pound News

GBP LIVE TODAY

Pound to Euro Exchange Rate: Time to Get a Little More Positive say Credit Suisse

22 June, 2017 |

A less-confrontational UK government towards Brexit negotiations is one reason why analysts at Credit Suisse have adopted a more optimistic stance on the British Pound.

GBP LIVE TODAY

Pound Falls After Carney Says No Interest Rate Rise Coming Anytime Soon

20 June, 2017 |

The British Pound fell against the Euro, Dollar and other major currencies on Tuesday, June 20 following the release of a speech by Governor of the Bank of England Mark Carney.

GBP LIVE TODAY

Euro to Dominate the Pound Over Coming Weeks say Morgan Stanley

20 June, 2017 |

The Euro to Pound exchange rate has rolled at the range highs amidst a bearish consensus that the pair will go lower in the near-term.

GBP LIVE TODAY

Reality Check: Pound Sterling is Actually Being Incredibly Boring

20 June, 2017 |

The tabloids have picked up on Pound Sterling in a big way in 2017.

GBP/EUR: News and Forecasts

EUR

British Pound not Ready to Rise off Floor v Euro Suggest Latest Technical Studies

22 June, 2017 |

The Pound has reached the bottom of a range between €1.13 and €1.20 within which it has been trading all year. Is it time to recover from the bottom of this range back towards the top?

EUR

EUR/GBP: Decisive Break Lower on the Cards as Haldane Signals Shift of Intent at the Bank …

22 June, 2017 |

Pound Sterling jumped and the FTSE dropped after the Bank of England’s chief economist and Monetary Policy Committee member said he’s ready to vote for an increase in interest rates "relatively soon".

EUR

Lloyds Cut Pound to Euro Exchange Rate Forecast Target

22 June, 2017 |

Analysts at Lloyds Bank have downgraded their official forecast for the British Pound v Euro exchange rate.

EUR

Haldane's Surprise Supports British Pound v Dollar, Euro with pro-Rate Rise Message

21 June, 2017 |

Pound Sterling was seen outperforming its major rivals in mid-week trade following comments from a key Bank of England member.

GBP/USD: News and Forecasts

USD

GBP / USD Rate in New Downtrend as Peaks and Troughs Start Falling

22 June, 2017 |

Price action on the Pound to Dollar exchange rate's daily chart is indicating that exchange rate may have reversed trend.

USD

Bearish Leg Unfolds for Pound to Dollar Exchange Rate Suggests Technical Analysis

21 June, 2017 |

Historically GBP/USD has tended to bottom after EUR/USD, and since AFEX argue that EUR/USD has already bottomed the lag is about right for GBP/USD to soon follow suit.

USD

Sell Pound Sterling, Buy Dollars: Deutsche Bank’s Trade of the Week

20 June, 2017 |

Now could be a good time to bet on a more sustained decline in Pound Sterling we are told.

USD

Pound to Dollar Rate: Forecast For the Next Five Days

18 June, 2017 |

The Pound to Dollar rate looks like it is positioning for a move higher again as US data is expected to continue deteriorating in the coming week.

EUR/USD: News and Forecasts

Euro to Dollar

The Euro to US Dollar Exchange Rate's Recent Rally is Looking Shakey

21 June, 2017 |

The pair had been in an uptrend but recent weaknesses have made the outlook more bearish.

Euro to Dollar

Euro v US Dollar: Technical Forecast, Data and Events to Watch in the Week Ahead

18 June, 2017 |

There is still no change to our forecast of the pair reaching 1.1390 except that now there is na bearish tenor to the chart.

Euro to Dollar

EUR/USD Avoids Breakdown After May Inflation Data

16 June, 2017 |

The EUR/USD is rising after the release of inflation data showed no change from analyst’s expectations.

Euro to Dollar

The Euro to US Dollar Short-Term Up-Trend Intact At End of Week

14 June, 2017 |

The pair is still forecast to rise as per our June 11 report despite a pull-back following the Fed's decision to hike rates.

GBP/AUD: News and Forecasts

AUD

Pound to Australian Dollar Rate: Next Stop 1.6500

21 June, 2017 |

The Pound to Australian Dollar has continued falling in a trend established after the exchange rate peaked at the 1.7660 May highs.

AUD

Lloyds Constructive on Australian Dollar Outlook, Others Disagree

20 June, 2017 |

The outlook for commodity prices may be the key factor influencing the direction of the Australian Dollar, according to the views of leading FX analysts.

AUD

Australian Dollar in U-Turn, Gives Back Early Gains as Citi Cut Iron Ore Price Forecasts

19 June, 2017 |

The Australian Dollar was unable to hold onto early gains against the majors on Monday morning after intial strength faded due to a lack of confidence in future commodity prices.

AUD

Downtrend in GBP / AUD Forecast to Extend Lower Near-Term According to Technical Studies

18 June, 2017 |

The Pound to Australian Dollar continues to show a downtrending bias at the start of the new trading week.

GBP/NZD: News and Forecasts

NZD

New Zealand Dollar in Strong Rally v Pound as RBNZ Strikes Positive Tone at June Meet

21 June, 2017 |

The GBP/NZD pair is in a steady downtrend, which despite having reached support from the major down-sloping trendline, will probably continue sliding lower – and definitely shows no signs of recovery yet.

NZD

Pound to New Zealand Dollar: Technical Forecast for Coming Week

18 June, 2017 |

 The Pound looks poised to rise against the New Zealand Dollar in the week ahead after reaching a significant layer of chart support from which to launch a new phase of rallying higher.

NZD

Strong Economy Underpins New Zealand Dollar as Best-Performing G10 of the Past Month

16 June, 2017 |

The New Zealand Dollar (Kiwi) gained support on Friday after a gauge of Manufacturing Sector, similar to the Purchasing Manager Indices (PMI’s), revealed more growth than expected.

NZD

GBP/NZD Outlook: 1.7400 Still in Sight

14 June, 2017 |

The Pound to New Zealand Dollar has extended its previous decline through several major support layers but it is approaching another in the shape of a major multi-year trendline which is expected to halt declines, at least temporarily.

GBP/CAD: News and Forecasts

CAD

Pound v Canadian Dollar Rate Enters New Downtrend

21 June, 2017 |

The collapse in the price of crude oil has weakened the Canadian Dollar against many currencies, but not against the Pound which is even weaker.

CAD

Pound to Stay Under Pressure v Canadian Dollar Suggest Technical Studies

18 June, 2017 |

The Canadian Dollar is benefiting from a positive assessment from the Bank of Canada, and assuming data continues to be positive in the week ahead will probably have the upper hand over politically risk sensitive Sterling.

CAD

Beware Squeeze Higher in Pound to Canadian Dollar Exchange Rate

16 June, 2017 |

The Canadian Dollar could be at risk of falling against the Pound Sterling over the near-term.

CAD

The Pound to Canadian Dollar Bearishly Consolidating into Weekend

14 June, 2017 |

The Pound to Canadian Dollar has declined steeply from highs of 1.78 in May to the current level in the 1.68s, however, now it has paused to consolidate before its next move.

GBP/ZAR: News and Forecasts

ZAR

South African Rand's Gains Halted by BEE Legislation, but Longer-Term Uptrend v Pound Inta…

19 June, 2017 |

The Rand is falling against the Pound due to political and economic risks as the new trading week begins.

ZAR

GBP / ZAR Forecast for This Week

12 June, 2017 |

GBP/ZAR has traded in wide, volatile, daily ranges after political and economic development but what is the outlook for the week ahead?

ZAR

Pound / Rand Rate: Downtrend Might be Fading

07 June, 2017 |

Unfortunately for those anticipating a stronger South African Rand, the momentum indicator MACD has been going sideways and not confirming the new downtrend.

ZAR

RMB: South African Rand's Rally Might Take a Breather

02 June, 2017 |

It would be easy to suggest ZAR is outperforming owing to a review by Fitch Ratings, but RMB are sceptical that this is the driver behind ZAR at present.