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British Pound to Return to post-Brexit lows vs Euro Warn CBA Exchange Rate Analysts

British Pound to Return to post-Brexit lows vs Euro Warn CBA Exchange Rate Analysts


We can report another major set of currency forecasts show the British Pound is not out of the woods against the Euro.

Euro

Pound to Euro Latest

1.1325▼

-0.24%

Previous Close:

1.1352

Today's High:

1.1355

Today's Low:

1.1323

US Dollar

Pound to US Dollar Latest

1.3895▲

0.02%

Previous Close:

1.3892

Today's High:

1.3943

Today's Low:

1.3887

Australian Dollar

Pound to Australian Dollar Latest

1.7339▼

-0.05%

Previous Close:

1.7349

Today's High:

1.7379

Today's Low:

1.7318

New Zealand Dollar

Pound to New Zealand Dollar Latest

1.9053▲

0.08%

Previous Close:

1.9038

Today's High:

1.9084

Today's Low:

1.9008

South African Rand

Pound to South African Rand Latest

16.9367▲

0.63%

Previous Close:

16.8307

Today's High:

16.9744

Today's Low:

16.7823

Canadian Dollar

Pound to Canadian Dollar Latest

1.7256▲

0.1%

Previous Close:

1.7239

Today's High:

1.7311

Today's Low:

1.7232

Latest British Pound News

GBP LIVE TODAY

Sterling Clings to 'Best Performer' Crown Despite Sharp Fall in UK Retail Sales

19 January, 2018 |

Pound Sterling is still the best performing G10 currency this week after shrugging off some dire news from the UK retail sector.

GBP LIVE TODAY

British Pound Growing in Popularity as Central Banks Seen Boosting Reserves of Sterling

19 January, 2018 |

Recent Sterling strength may be attributable to central bank buying as they recoup their Pound reserves.

GBP LIVE TODAY

'Overbought' Pound Sterling Doesn't Have Itself to Thank for Recent Gains Warn Analysts

18 January, 2018 |

Pound Sterling is sitting pretty against the Dollar, Euro and host of currencies, but here is the rub for Sterling: the gains are thanks to weakness elsewhere.

GBP LIVE TODAY

Pound Forecast to Fall Back to Multi-Year Lows vs. the Euro But Hold Ground Against the Do…

18 January, 2018 |

Two leading institutional forecasters reach the same conclusion on the outlook for Pound Sterling despite having differing views on the trajectory for UK economic growth.

GBP/EUR: News and Forecasts

EUR

British Pound to Return to post-Brexit lows vs Euro Warn CBA Exchange Rate Analysts

19 January, 2018 |

We can report another major set of currency forecasts show the British Pound is not out of the woods against the Euro.

EUR

Euro Exchange Rates Under Close Scrutiny at ECB

17 January, 2018 |

© Franz Johann Morgenbesser. Euro takes step back after trio of central bankers raise concerns over its recent rally.

EUR

Pound-to-Euro Outlook: Sterling to Hold its Ground but Remains a "Plaything of Brexit…

17 January, 2018 |

The Euro is unlikely to post large gains versus the British Pound in 2018 says German lender Commerzbank as they set out their forecasts for coming months.

EUR

'Stars Align' for the Euro

16 January, 2018 |

"The stars have aligned for EUR but where do we go from here?" - Valentin Marinov, Crédit Agricole.

GBP/USD: News and Forecasts

USD

Euro, Dollar Could Suffer Bout of Profit-Taking: Analyst

19 January, 2018 |

BK Asset Management's Kathy Lien tells us why the Euro could suffer some profit-taking ahead of the weekend while the Dollar could be undermined by political challenges in Washington.

USD

Pound / Dollar Rate Eyes Assault on 1.40

19 January, 2018 |

The Pound has powered higher versus the Dollar and is now close to levels where the risks increase of a pull-back or reversal.

USD

Apple's Cash Repatriation is no Biggie for the US Dollar

18 January, 2018 |

There has been much comment that the decision by Apple to repatriate $38BN in overseas earnings will boost the US Dollar. However, one analyst is not convinced.

USD

The US Dollar is Not Yet Ripe For a Reversal, Says Westpac

17 January, 2018 |

The US Dollar is not as oversold as it looks compared to similar episodes historically.

EUR/USD: News and Forecasts

Euro to Dollar

Euro-Dollar: Take Cash off the Table Ahead of ECB Traders Warned

18 January, 2018 |

The Euro-to-US Dollar rate has risen swiftly and strongly over the last year, and although they see it going higher in the future, now may be a good time to take some profit as risks of a pull-back start to threaten.

Euro to Dollar

Euro-to-Dollar Rate in Sudden Overnight Surge, Weidmann Makes the Case for Interest Rate R…

17 January, 2018 |

EUR/USD spikes higher in overnight trading before pulling back: Charts continue to suggest further upside over coming weeks and months, according to analysts.

Euro to Dollar

More Euro Upgrades in the Pipeline at JP Morgan After Stellar Start to 2018

16 January, 2018 |

The Euro has risen strongly and most analysts think this is just the beginning, but could its own increasing value become the very thing that limits its growth?

Euro to Dollar

Euro-to-Dollar Rate Still Undervalued Despite Hitting Three-Year Highs

16 January, 2018 |

EUR/USD is returning to "normal levels" but low inflation could become a stumbling block later in 2018 while the pace of Euro gains is more important for the ECB than the overall size of them.

GBP/AUD: News and Forecasts

AUD

Australian Dollar Boosted by “Phenomenal” Jobs Market and Strong Chinese Economic Performa…

17 January, 2018 |

Australia's labour market created jobs at twice the pace of population growth in 2017, which has implications for the Reserve Bank of Australia and interest rates.

AUD

Australian Dollar in Strong Start to Week as Markets Anticipate Robust Chinese Growth Data…

15 January, 2018 |

Faster than expected Chinese GDP growth would lift commodity prices and boost the Dollar in the short term but bank forecasts show a double digit loss could be in store for the AUD in 2018.

AUD

The Pound-to-Australian Dollar Rate Week Ahead Forecast

14 January, 2018 |

Jobs data is the highlight of the calendar in the week ahead for the Australian Dollar, whilst inflation and retail sales data dominate the outlook for the Pound - the charts show the pair at a crossroads with the potential to rotate higher.

AUD

The Australian Dollar's Rally Probably Won't Last Longer-Term, Says NAB

12 January, 2018 |

The underpinnings of the current uptrend are likely to be eroded as 2018 progresses leading NAB to keep their forecasts for the Aussie Dollar bearish.

GBP/NZD: News and Forecasts

NZD

New Zealand Dollar Seen on Road to Recovery as Dairy Prices Bottom and Political Risk Fade…

18 January, 2018 |

Political uncertainty is fading and milk prices now appear to have bottomed, which could lift NZD/USD to multi-year highs in 2018. But the Pound still looks set to rise further against the Kiwi currency.

NZD

New Zealand Economy Shakes Off Post-election Jitters but Kiwi Dollar Still Faces Headwinds…

16 January, 2018 |

New Zealand's economy faces a choppy few quarters but will ultimately shake off its post-election jitters. However, the same cannot be said for the Kiwi Dollar.

NZD

The Pound-to-New Zealand Dollar Rate's Week Ahead Forecast

14 January, 2018 |

New Zealand's largest type of export - dairy products, will have their price fixed at auction this week, with a higher figure supporting the NZD; meanwhile, Sterling traders will be watching inflation data, and the charts point to more downside.

NZD

New Zealand Dollar to Forge Ahead in 2018 as Darkest Days Are Behind It Say MUFG

10 January, 2018 |

Economic fallout from New Zealand's 2017 election has been limited to a slump in confidence, while estimates of past GDP growth have been revised higher.

GBP/CAD: News and Forecasts

CAD

Canadian Dollar Sinks After BoC Rate Hike: Analysts are Giving their Views on What Happens…

17 January, 2018 |

It's a hike. Analysts give their views below on what Wednesday's interest rate rise might mean for the Canadian Dollar going forward.

CAD

Sombre Canadian Dollar Heads into BoC Day with Analysts Expecting Little Help from Poloz a…

16 January, 2018 |

Analysts are unanimous: the BoC will raise rates Wednesday. But...it could struggle to live up to market expectations, which is bad news for the Canadian Dollar.

CAD

The Pound-to-Canadian Dollar Rate Week Ahead Forecast

14 January, 2018 |

The Bank of Canada will this week meet to decide whether to increase interest rates and may help provide some much-needed clarity on the future direction of the GBP/CAD exchange rate.

CAD

Canadian Dollar Will Weaken on Mounting Fears Over US Protectionism Say Morgan Stanley

12 January, 2018 |

The Canadian Dollar is at risk of weakening because of Canada's disproportionate reliance on exports, which are under threat from US protectionism.

GBP/ZAR: News and Forecasts

ZAR

South African Rand Rises Marginally After Reserve Bank Leaves Rates Unchanged

17 January, 2018 |

The South African Reserve Bank (SARB) left base interest rates unchanged at 6.75% at their meeting on Thursday.

ZAR

Pound-to-Rand Rate's Week Ahead Forecast

15 January, 2018 |

The Pound-to-Rand is expected to continue struggling higher in the coming week, according to the charts.

ZAR

South African Rand Will Weaken Before February Budget and See Double-digit Loss in 2018 sa…

12 January, 2018 |

High interest rates and falling inflation mean that “real yields” have risen in recent months, supporting the Rand, but this could change in 2018. 

ZAR

The South African Rand's Rampahosa Rally Might Already be Done

09 January, 2018 |

The Rand's 2018 fortune rests on whether Cyril Ramaphosa can get to grips with the ANC and wield enough influence to drive change in South Africa.