Pound Sterling, Oil and Yields Ease
The British Pound extends its late-July slide, although the pace of declines has eased.
The British Pound extends its late-July slide, although the pace of declines has eased.
"Burnhamโs clear preference for an expansionary fiscal stance, higher taxation and larger gilt issuance present a downside risk to markets"
More →The Pound will be watching retail numbers mid-morning but Brexit developments from the EU summit in Salzburg remain a key consideration. Global sentiment is meanwhile constructive, ensuring the Dolโฆ
Read more … →The British Pound will be subject to inflation data today while the US Dollar awaits current account and building starts. Overall risk sentiment is proving supportive to the likes of the New Zealanโฆ
Read more … →The Dollar and currency markets in general have shown a lacklustre response to the latest moves on Chinese imports by the US administration. The Pound will today be eyeing Brexit developments in Brโฆ
Read more … →The global picture will be important at the start of the week owing to both a thin calendar and thin trading conditions in Asia thanks to Typhoon Mangkhut and a Japanese public holiday.
Read more … →Unless we receive any developments pertaining to global trade from the White House today we see little reason why the US Dollar will suffer a weekly decline.
Read 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 British Pound extends its late-July slide, although the pace of declines has eased.
Pound Sterling on Burnham Watch, Week 2 Pound Sterling Heads For a Weekly Loss Against Euro and Dollar Pound Sterling is Wary that Burnham's Honeymoon Will be Over All Too SoonPound-Euro can retest 1.18 if support at 1.1670 survives a pivotal Bank of England week.
Pound-to-Euro: Lloyds Forecast Lands North of 1.20 Pound's Healey Relief is Fragile, Warns deVere's Green Pound-to-Euro Forecast for a Busy WeekPound sterling's next hurdle is PMI data for May, due mid-morning London time.
Pound Sterling's Reaction to Inflation Data Undershoot Won't Last Rising Unemployment, Cooling Wages: Bank of England Can Hold Back Hikes Pound Sterling Isn't Fooled by Q1's UK GDP SurgeDMP survey shows little sign of brewing inflationary pressures.
Pound Passes Bank of England Test Pound Sterling Hangs on Bank of England's Vote Split Pound's Rate Hike Support Dented by Bank of England InterventionPound-Dollar risks a slide towards 1.3250 unless the Federal Reserve disappoints hawkish expectations.
Dollar Strength Ramps Up, Pound Eyes 6 Daily Losses on the Trot Pound-to-Dollar Week Ahead Forecast: Confirmation Phase Dollar Loving the AI TradeThe Australian Dollar slumped after RBA Governor Bullock declined to signal an August hike.
Australian Dollar Rebound Bolstered by "Exceptional" Jobs Print Pound-Australian Dollar Week Ahead: Setback Encountered Pound vs. Australian Dollar: What This Week OffersAbove-consensus inflation locks in further RBNZ rate hikes and New Zealand Dollar support, say analysts.
Pound-New Zealand Forecast for the Week Ahead New Zealand Dollar Powers On Pound vs. New Zealand Dollar: The Coming WeekThe euro finds little support from the central bank's verification of market bets for a September rate hike.
Euro Outlook Rests on a War-wary ECB Euro-Dollar to Stay Under Pressure this Week Euro-Dollar: Scoping 1.15The Canadian dollar lets an oil rally pass it by. Here's why.
Pound-Canadian Dollar Week Ahead Forecast: More CAD Gains Pound-to-Canadian Dollar Week Ahead Forecast: Resistance Becomes Support Pound-Canadian Dollar Rate at Decade HighsThe Pound's uptrend against the Swiss Franc has more to give, according to Bank of America, which says both its quantitative signals and the charts point h...
Swiss Franc Most Vulnerable to Oil Spikes: HSBC Pound-Franc On Course to Slide Below Parity: J. Safra Sarasin Swiss Franc Tipped to Make a Comeback by UBS