Le Pen Advance sees Pound / Euro hit Best Rate in a Month

Le Pen Advance sees Pound / Euro hit Best Rate in a Month


 French Bonds and the Euro are selling off on investor concerns that Marine Le Pen might win the French Presidency.

Euro

Pound to Euro Latest

1.1885▲

0.42%

Previous Close:

1.1834

Today's High:

1.1893

Today's Low:

1.1826

US Dollar

Pound to US Dollar Latest

1.2488▲

0.13%

Previous Close:

1.2471

Today's High:

1.2507

Today's Low:

1.2466

Australian Dollar

Pound to Australian Dollar Latest

1.6222▼

-0.14%

Previous Close:

1.6246

Today's High:

1.6291

Today's Low:

1.6217

New Zealand Dollar

Pound to New Zealand Dollar Latest

1.743▲

0.13%

Previous Close:

1.7407

Today's High:

1.7465

Today's Low:

1.7399

South African Rand

Pound to South African Rand Latest

16.3345▼

-0.19%

Previous Close:

16.3658

Today's High:

16.4299

Today's Low:

16.3109

Canadian Dollar

Pound to Canadian Dollar Latest

1.6414▲

0.17%

Previous Close:

1.6386

Today's High:

1.6429

Today's Low:

1.6381

Latest British Pound News

GBP LIVE TODAY

Carney & Co Retain a Cautious Optimism Before Treasury Select Committee

21 February, 2017 |

The Treasury Committee hears from Governor and Chief Economist of the Bank of England, and External Members of the Monetary Policy Committee on its Inflation Report for February.

GBP LIVE TODAY

Pound Sterling Outlook: Brexit Risks Rising Again as EU Pushes for Hard-Landing

20 February, 2017 |

The British Pound sees the data calendar dry this week, which could be a good thing if we consider the string of sub-expectations economic releases seen in mid-month.

GBP LIVE TODAY

British Pound Slumps as UK Retail Sales Data Confirm Consumers Tighten the Purse Strings

17 February, 2017 |

"Retail was the beating heart of the UK economy in 2016, so with consumer spending expected to slide in the coming months we could see the Pound push lower against both the Euro and the Dollar."

GBP LIVE TODAY

Pound Slips on Disappointing Earnings Data

15 February, 2017 |

"Today’s weaker wage data could take the pressure off the Bank of England, hence the decline in UK bond yields this morning, which has also weighed on the Pound."

GBP/EUR: News and Forecasts

EUR

Pound to Euro Rate Above 200 Day MA for 1st time Since 2015: What this Means for the Outlo…

22 February, 2017 |

A big day for Pound Sterling as it breaks above a key technical level against the Euro for the first time in months in what could be a a sign that the recovery is becoming more entrenched.

EUR

Le Pen Advance sees Pound / Euro hit Best Rate in a Month

21 February, 2017 |

 French Bonds and the Euro are selling off on investor concerns that Marine Le Pen might win the French Presidency.

EUR

EUR/GBP Maintains Bearish Bias, Parity still a Remote Prospect at this Stage

21 February, 2017 |

The Euro to Pound is showing a bearish bias on its charts despite recent calls - from UBS - that that pair will reach parity by the end of the year.

EUR

Pound to Strengthen Against Euro: Morgan Stanley

21 February, 2017 |

One of the world’s most prominent investment banks has confirmed to clients that they see value in betting on a rise in the Pound against the Euro.

GBP/USD: News and Forecasts

USD

US Dollar Loses Some Shine as US PMI Data Suggests Economic Activity Cooling

21 February, 2017 |

The US Dollar has given back some of the gains it enjoyed earlier in the day after two noted data releases came in below expectation.

USD

Pound to Dollar Rate: Get Ready, a Break Out is On the Cards!

21 February, 2017 |

“While prices remain trapped in their current range, we are getting to a window of opportunity for a breakout to develop, so we are watching price action closely today," says Lloyd’s Bank’s Robin Wilkins.

USD

6% US Dollar Upside Forecast by Citi

20 February, 2017 |

The currency markets remain without direction and there is little by way of trends to be found in the short-term.

USD

Time to Bet on a Pound / Dollar Advance as Real Wages are Rising Faster in the UK than in …

20 February, 2017 |

In a contrast to the general view that the Dollar is going to continue rising and that the Pound is doomed, Nordea Markets' Aurelijia Augulyte is retaining a bullish GBP/USD stance.

EUR/USD: News and Forecasts

Euro to Dollar

Euro / Dollar Rate 5-Day Forecast has 1.0490 Lined Up

19 February, 2017 |

EUR/USD surged unexpectedly higher on Thursday, reaching highs of 1.07 but then gave back most of its gains on Friday as it moved back down to the lower 1.06s .

Euro to Dollar

Euro a Buy as Le Pen Win Over Exaggerated by Nervous Markets

17 February, 2017 |

Too much political risk has been priced into the Euro, says RBC Capital Market’s Elsa Lignos, who sees a much lower (0.1%) probability of Marine Le Pen winning the French presidency than the market seems to be pricing in.

Euro to Dollar

The EUR/USD's Best Day of 2017 was Corrective, Not a Game-Changer

17 February, 2017 |

Traders who trade the news would have been bewildered by the rise of the Euro on Thursday.

Euro to Dollar

Euro to US Dollar Rate Decline Predicted to Extend, US Inflation Data Boosts USD

15 February, 2017 |

The EUR/USD pair is pushing relentlessly lower.

GBP/AUD: News and Forecasts

AUD

Australian Dollar at Risk as Storm Clouds Gather Over China

20 February, 2017 |

 The global reflation story which has powered equity markets higher, driven Commodity prices up and led to a resurgence in risk appetite may soon reach a climactic end, and this could be a negative for the Australian Dollar.

AUD

UK Pound / Australian Dollar Forecast for the Coming Week: Emerging Triangle Pattern Sugge…

19 February, 2017 |

 GBP/AUD may be forming a triangle pattern as price action consolidates in between two narrowing lines.

AUD

Australian Dollar can Advance Even Further as the 'Carry Trade' is Back in Favour

17 February, 2017 |

The Australian Dollar is the year’s best performing major currency having advanced by 6.10% against the US Dollar.

GBP/NZD: News and Forecasts

NZD

New Zealand Dollar Falters after Dairy Prices Fall at Auction

21 February, 2017 |

 The New Zealand Dollar moved slightly lower versus the Dollar and the Pound after the release of Global Dairy Trade (GDT) Prices on Tuesday. GDT prices are fixed at a bi-weekly global auction of a variety of Dairy products, the largest of which is dried whole milk.

NZD

Pound to New Zealand Dollar: Tech Forecast for the Week Ahead, Can the Uptrend Restart?

19 February, 2017 |

As we enter the new week, the GBP/NZD continues snaking sideways below the 50-day moving average which must be overcome if we are to see the early-February recovery extend.

NZD

New Zealand Dollar Dips as Shoppers Show Considerable Restraint

17 February, 2017 |

The New Zealand Dollar dipped on Friday after data released overnight showed a slight slowdown in shop sales in the fourth quarter of 2016.

NZD

GBP/NZD Tipped to Edge Lower According to Mid-February Technical Analysis

15 February, 2017 |

GBP/NZD is stuck in a range between 1.68 and 1.75.

GBP/CAD: News and Forecasts

CAD

UK Pound to Canadian Dollar Rate: Tech Forecast Eyes Potential Breakout Higher

19 February, 2017 |

The GBP/CAD pair continues to move sideways under a trendline in the 1.65s forming a bull flag pattern in the process which is likely to breakout higher and rise roughly the same distance as the length of the ‘pole’.

CAD

Pound to Canadian Dollar Poised for Gains as Bull Flag Pattern Forms

16 February, 2017 |

 The pair has been pushing up against the trendline in the 1.65s and although it has been repulsed following successive attempts to break above, we still see a slight bias towards more upside and therefore an eventual break higher emerging.

CAD

UK Pound to Canadian Dollar Rate: Forecast and Data For the Next Five Days

12 February, 2017 |

GBP/CAD continues to move up and down in a sideways range after an initial bullish rally from off of the mid-January lows.

CAD

The Pound v Canadian Dollar Rate's Decline Could be Over as Major Basing Pattern Observed

08 February, 2017 |

 A broad-based bullish reversal appears to be taking place on the GBP/CAD pair.

GBP/ZAR: News and Forecasts

ZAR

Bruised Pound / Rand Exchange Rate Could Slip to Fresh Multi-Year Lows, but Politics Remai…

20 February, 2017 |

A triangle pattern has formed on GBP/ZAR with bearish connotations.

ZAR

Rand hits Multi-Year Best Against Pound as Carry Trade Returns with a Vengeance

16 February, 2017 |

The Pound to Rand exchange rate has this week fallen to its lowest levels since October 2013 when it recorded a conversion of 16.0685 in mid-week trade.

ZAR

Pound / Rand Exchange Rate Tipped for a Ride Higher Following Significant Break Above Tren…

13 February, 2017 |

The GBP/ZAR pair has broken above a key multi-month trendline signalling the balance of probabilities now favour more upside, with 17.50 providing an initial target but the potential for much higher rates thereafter, in the medium term.

ZAR

South African Rand: Still below Fair-Value, Should Rise in 2017

06 February, 2017 |

 The outlook for the South African Rand has undergone something of a transformation according to a recent note by Deutsche Bank’s Gautam Kalani.