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 Australian Dollar is the biggest mover today thus far but the Pound is back in focus with inflation data coming on tap while the Dollar will be watching retail sales and industrial production nโฆ
Read more … →We will be watching developments in Turkey from a global perspective today, domestically UK employment and wage data will steal the focus. In the Eurozone we have some key sentiment indicators out โฆ
Read more … →Capital is flowing into safe-haven assets like the Dollar and Japanese Yen at the start of the new week as the situation in Turkey gives traders a reason to reduce positions in riskier assets.
Read more … →There is a notable amount of data on the calendar today so expect triggers at set points in the day. There is a deluge out of the UK at 09:30 while the US and Canada steal the limelight in early afโฆ
Read more … →GBP tipped to remain under pressure over ongoing 'no deal' Brexit concerns, the NZD is underperforming on an underwhelming RBNZ event and the CAD looks to put Saudi Arabian induced volatilityโฆ
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