Pound to Euro Week Ahead Forecast: Pullback Meets the Bank of England
Pound-Euro can retest 1.18 if support at 1.1670 survives a pivotal Bank of England week.
Pound-Euro can retest 1.18 if support at 1.1670 survives a pivotal Bank of England week.
"Burnhamโs clear preference for an expansionary fiscal stance, higher taxation and larger gilt issuance present a downside risk to markets"
More →The EUR/JPY exchange rate is currently trading at new 6-week high of 131.38, however, its uptrend is tenuous and not expected to last.
Read more … →Sweden's currency may fare better then its football team during the coming weeks if analysts are to be believed and the charts don't lie.
Read more … →The Dollar has risen to year-highs against the Yen and, judging by the continuation patterns forming on the charts, will probably continue rising.
Read more … →EUR/AUD has been in a relatively strong uptrend since the beginning of June but over the last few days the pair has undergone a pull-back.
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.
Alongside the central bank calendar, we're on the lookout for Andy Burnham to announce new spending giveaways this week.
Pound Sterling Heads For a Weekly Loss Against Euro and Dollar Pound Sterling is Wary that Burnham's Honeymoon Will be Over All Too Soon Pound Sterling Extends Pullback on Inflation UndershootPound-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 AUD rides high, supported by domestic data and a subdued U.S. dollar environment.
Pound-Australian Dollar Week Ahead: Setback Encountered Pound vs. Australian Dollar: What This Week Offers Pound-to-Australian Dollar: Further Gains PossibleAbove-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