29 November 2013 British Pound (GBP): Forecasting 1.7 for GBP/USD, Sterling Outlook Remains Positive

The British pound sterling (GBP) has seen its impressive ascent halted; however support remains firm. We consider the outlook for the UK currency and draw on the latest long and short-term forecast…

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28 November 2013 Pound Sterling: What the Bank of England did today was "absolutely huge"

By Gary Howes Stephen Gallo at BMO Captital Markets tells us why the today's events announced by the Bank of England and UK Treasury are incredibly important for the British pound sterling (GBP).

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28 November 2013 Why has the British pound sterling (GBP) risen today?

By Will Peters The British pound sterling (GBP) has powered higher on Thursday thanks to the Bank of England.

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28 November 2013 Exchange Rate Forecasts: Today's outlook for British pound, US dollar, Euro, Aus Dollar and Japanese Yen

By Gary Howes We take a look at today's exchange rate forecasts from analysts at both OCBC Bank and UBS.

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28 November 2013 British Pound (GBP) LIVE: Sterling Powers Higher as Bank of England Tightens Policy

The British pound sterling (GBP) remains well bid on Thursday morning with some interesting price action being seen against the New Zealand and US dollars in particular. We have some secondary data…

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27 November 2013 Why Scotland should peg an 'independent' currency to the British pound sterling

By Gary Howes The positive arguments for the retention of the British pound sterling (GBP) by an independent Scotland  outweigh the arguments for the establishment of an independent free-floa…

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27 November 2013 GBP/USD heads for highest levels of the year - more to come? LIVE coverage 27/11

The key event for the British Pound (GBP) this morning is the UK 3Q GDP readings revision. Will the UK's strong growth be confirmed and thus offer the UK currency further support?  

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26 November 2013 Best levels to buy Australian dollars with pound sterling "for quite a number of years"

By Will Peters The British pound sterling has enjoyed a strong run against the Australian dollar over the last couple of months; but will this run continue?

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26 November 2013 No to BRITISH Pound Sterling for a non-British Scotland

By Gary Howes The honey-laden tone adopted by Alex Salmond towards the British pound sterling and the Bank of England should worry the rest of the UK.

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26 November 2013 Sterling Firm as Carney & Co. Give Evidence to Parliament: GBP LIVE on Tue 26/11

The British pound sterling (GBP) will be prone to bouts of volatility at 10:00 London time when the Bank of England's Monetary Policy Committee, lead by Governor Carney, appear before the Treasury …

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25 November 2013 G10 exchange rate forecasts from Nomura

By Gary Howes For those keen to have a gander at the exchange rate forecasts from a leading investment bank we present the latest prediction on the G10 pairs from Nomura.

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25 November 2013 Euros to pounds: Exchange Rate Markets Punish EUR as ECB's Hansson opens his mouth

By Will Peters Yet another utterance aimed at quelling interest rate and foreign exchange rate markets by a member of the European Central Bank has pressurised the euro lower against the British …

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25 November 2013 Pound vs Dollar: "This could be a trigger for a GBP/USD break higher" says forecaster

By Rob Samson The British Pound sterling could yet test new highs in the week ahead according to Monday morning forecasts at Lloyds Bank Research.

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25 November 2013 How does CFTC positioning data impact foreign exchange rate markets? (And why does it matter?)

By Gary Howes Data from the major US futures & options exchanges (CFTC) are released each Friday evening and report positions up to the close of business on the previous Tuesday.

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25 November 2013 Sterling to test year's high vs USD: Live Coverage on 15/11

No UK economic reports were released on Friday and it was quiet trading for the British pound sterling (GBP). Sterling extended its gains against the U.S. dollar and Japanese Yen but retreated vers…

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22 November 2013 Euro exchange rates: EUR boosted by surprisingly strong IFO data

By Gary Howes Today we see the majority of euro exchange rates trading in positive territory as the ECB President pours cold water on speculation that the ECB will introduce negative interest rat…

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22 November 2013 Australian Dollar outlook deteriorates further, UBS analysts cut forecasts

By Sam Coventry The outlook for the Australian dollar has deteriorated markedly prompting analysts at UBS slashing their forecasts for AUD/USD.

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22 November 2013 Key levels for a bullish GBP/USD: Friday's LIVE GBP Coverage

The British Pound Sterling (GBP) is enjoying positive momentum amidst a vacuum of UK data; we predict we will see a decent close to the week for the currency. Keep watching the 1.2 level against t…

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21 November 2013 Australian dollar is overvalued, Stevens toys with the idea of a currency market intervention

By Will Peters The Australian dollar (AUD) has come under pressure today as the RBA Governor Glenn Stevens delivered  a speech entitled The Australian dollar: thirty years of floating.

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21 November 2013 British pound at best levels vs Canadian dollar since 2010, near-term forecasts are bullish

By Gary Howes The British pound (GBP) has cruised higher to reach new inter-year highs against the Canadian dollar (CAD) and forecasters suggest further gains lie ahead.

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21 November 2013 Today's exchange rate forecasts: EUR top-heavy, GBP contained and AUD under pressure in current pro-USD environment

Exchange rate forecasts from OCBC Bank place the EUR and GBP on the back-foot amidst a more confident US Dollar environment.

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21 November 2013 Pound Sterling repelled at 1.2 level by EUR; GBP/USD stuck in neutral: 21/11 Live Coverage

By Rob Samson The British pound sterling (GBP) powered above the 1.2 level against the euro yesterday on talk that the ECB would not be shy in cutting rates below 0%. The aggressive notion caught …

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20 November 2013 Alert: British GBP/EUR exchange rate in massive boost to above 1.2 level

By Gary Howes The British pound (GBP) to euro exchange rate has broken the 1.2 ceiling as the FX market rumour mill spins out talk of negative interest rates in the Eurozone.

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20 November 2013 Dollar / pound sterling exchange Rates: Are we about to open the door on a fresh GBP/USD rally?

By Will Peters We look at the increasingly bullish stance being adopted towards the pound dollar exchange rate at present.

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20 November 2013 Today's Dollar Rate: FX markets to focus on the USD today with retail sales numbers on tap

By Gary Howes It has been quiet week so far for U.S. data but that changes today with the October retail sales report and FOMC minutes scheduled for release.

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20 November 2013 Euro rate today: EUR underpinned by continued investor interest in Eurozone business climate

By Sam Coventry The euro exchange rate is today on a firm footing as foreign money continues to find its way into the Eurozone in anticipation of a stronger recovery.

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20 November 2013 British Pound: How will forex markets react to the BoE Minutes?

By Will Peters Today markets will digest the Bank of England Monetary Policy Committee's November meeting minutes.

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20 November 2013 GBP rockets higher against the Euro towards 1.2 on ECB rumour mill: Wednesday's Live Coverage

By Rob Samson The British pound (GBP) faces little by way of economic newsflow today but we do get to hear from the all-powerful Bank of England Monetary Policy Committee. The minutes of November…

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19 November 2013 Chinese Yuan liberalisation? Don't bet on it just yet

Chinese Yuan: Comments from PBoC Governor Zhou on liberalising FX, rates and capital flows earlier are long on intent but rather short on details.  

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19 November 2013 Dollar to pound sterling exchange rates: GBP/USD gains ahead of Bernanke appearance, EUR/USD seen flat

By Gary Howes Dollar exchange rates today continue to trade in a soft fashion; partly in response to Yellen’s testimony last week, partly in response to the fact of a rising equity market, and par…

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19 November 2013 Euro rate today (19/11): EUR exchange rates see strength ebb away as momentum runs out

By Rob Samson Euro Rate on Tuesday 19 Nov: (For Wednesday's latest news, please see here!!!) The EUR has failed to stay above the important 1.35 level today; however the outlook continues to sugge…

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19 November 2013 British GBP/EUR exchange rate: GBP/EUR firmly rooted above 1.19 but GBP could be overvalued say Barclays

By Sam Coventry Above: 3 month probabilities for EUR/GBP Pound to Euro Exchange Rate: A quantitative analysis of the pound to euro exchange rate conducted by Barclays suggests the Brtish pound (…

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19 November 2013 Australian dollar vs Pound Sterling: AUD Powers Ahead as Chinese Seek to Liberalise Yuan Control Regime

By Rob Samson The British pound sterling is seeing selling pressure against the Aus dollar on global foreign exchange rate markets thanks to the failure of the RBA to talk the currency lower. Also…

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19 November 2013 Is the Pound Sterling is overvalued against EUR warns Barclays Quant Analyiser? - Live Coverage on 19/11

The British pound sterling (GBP) is seeing broad-based selling pressure on Tuesday, a situation that could well extend into early December thanks to a lack of key data on offer. As technicals conti…

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18 November 2013 British pound (GBP) forecasted higher against commodity + high-beta currencies (CAD, AUD, NZD, NOK)

By Rob Samson The British pound sterling (GBP) is forecasted to undergo a period of outperformance against a number of high-beta currencies as interest rate hike expectations grow in the UK.

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18 November 2013 New Zealand dollar forecast & outlook: NZD predicted to outperform the Australia and US dollars

By Gary Howes The NZ dollar is today on a tear higher as sentiment returns to the commodity currency complex. What's more, we could see yet a continued outperformance by the NZD if the latest exch…

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18 November 2013 Outlook for euro dollar exchange rate constrained to 1.33-1.38

By Will Peters The positioning of the non-commercial traders on the global foreign exchange market place has mean it will be unlikely the euro dollar exchange rate will break out of tight range.

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18 November 2013 GBP/EUR exchange rates; GBP/EUR buyers struggle to realise better rates

By Will Peters Euro buyers this morning find themselves exactly where they started last week – with the Pound-Euro rate fairly level this morning compared with 7 days ago.

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18 November 2013 Euro Rates Today: EUR powers ahead vs the USD and GBP

By Gary Howes Euro Ratest Today (FOR TUESDAY THE 19th's REPORT PLEASE SEE HERE). The euro has found further buying interest as global forex participants bet that we have seen the last of the ECB's…

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18 November 2013 Dollar Rate Today: GBP/USD Forecasters Uncertain on Next Moves, EUR/USD Powers Higher

By Sam Coventry Dollar rates are today under pressure with the dollar basket 0.3 pct lower than where it was seen on Friday. That said, the longer-term picture could yet favour the USD thus exposi…

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18 November 2013 Pound sterling starts to feel the pressure as a lack of UK data starts to bite - Live coverage on 18/11

Where will momentum take the British pound sterling (GBP) this week? There is little by way of data or Bank of England event-risk; so technical considerations, sentiment and external drivers will d…

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15 November 2013 Money transfers: Will Yellen send the US dollar higher?

By Gary Howes Those looking to transfer money should be aware that we are at the cusp of a new phase of US dollar strength.

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15 November 2013 Will the GBP/EUR exchange rate break above 1.2 soon?

By Sam Coventry On Thursday GBP/EUR entered calmer waters before an afternoon really in the London session confirmed momentum is swinging in favour of GBP again. Cab the 2013 bogey of 1.2 be broke…

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15 November 2013 Euro Sterling: EUR/GBP could test previous major low at 0.8300

By Rob Samson The euro is widely predicted to remain heavy against the now dominant British pound. The only question, it would seem, is that of timing. We consider the latest predictions forwarded…

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15 November 2013 Exchange Rate Predictions: Outlook for pound sterling, euro, US dollar, Aus dollar, Japanese Yen on Friday

By Gary Howes Analysts at OCBC Markets give their views of where the major currency pairs are headed as we approach the close of another week.

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15 November 2013 Dollar Rate Today (15/11): USD strikes a softer tone, outlook dominated by empire manufacturing, IP data

By Sam Coventry Dollar Rate Today: Janey Yellen’s testimony before the Senate Banking committee did nothing to dispel impressions of her dovishness, and US short end yields edged lower in response…

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15 November 2013 British Pound Forecasts: Nomura are Fans of GBP - Friday 15/11 Live Coverage

The British pound (GBP) is looking to end what has been a good week on a high. We saw strong gains on Thursday afternoon against most of the majors and these have held overnight. Today we will cont…

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14 November 2013 Pound sterling in strong advance versus Australian, New Zealand dollars + South African Rand

By Rob Samson The UK currency has taken advantage of broad weakness being seen in the commodity currencies and has accordingly advanced in decisive fashion.

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14 November 2013 Dollar Rate Today (14/11): Outlook for USD dominated by Yellen; but expect volatility in coming hours

By Sam Coventry The US dollar traded on the front-foot in the morning session in London with the US dollar basket at IG being quoted 0.31 pct higher at one stage after reaching 8128. All data rele…

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14 November 2013 Pound euro exchange rate (GBP/EUR): Sterling seeks to regain lost ground after retail sales slump

By Gary Howes The British pound is seeing a good deal of volatility against the euro today following on from the release of retail sales data that came in below expectations.

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14 November 2013 Euro rate today: EUR sees mixed fortunes as Germany, France and Italy release subdued GDP figures

By Will Peters Euro rate today: 3Q13 growth across the board will likely remain the main driver for currencies today, although majors are expected to again trade sideways.

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14 November 2013 Pound Sterling in strong recovery following earlier retail sales disappointment - 14/11 Live Coverage

The British pound sterling (GBP) has enjoyed a roller-coaster of a week so far; the net sum for us is to ask what the near and longer-term now looks like. We deploy our sleuth-like skills to dig ou…

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13 November 2013 Euro sterling rate outlook: EUR/GBP crumbles before re-entering September's comfort zone

By Gary Howes Above: The euro is unlikely to re-enter the congestion zone that saw much of September's trading action. The euro to pound sterling exchange rate has slumped through the course of Wedn…

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13 November 2013 British Pound / Dollar Exchange Rate Outlook: GBP/USD picture remains unclear

By Sam Coventry Today's pound dollar exchange rate is notably higher being driven largely by the GBP part of the equation. However, there are no signs that the currency pair's sideways move is ready…

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13 November 2013 Alert: British Pound (GBP) Crusies Higher as Bank of England could raise rates next year

By Rob Samson The British pound has shot higher right across the global FX complex on the prospect that the Bank of England raise interest rates sooner than initially indicated.

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13 November 2013 Pound euro exchange rate: Does GBP/EUR at current levels offer a buying opportunity?

By Gary Howes Above: The British pound rallies against the euro in the wake of today's employment data. The British pound has managed to arrest the declines seen against the euro through the firs…

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13 November 2013 Euro dollar exchange rate (EUR/USD) approaching upside limits at 1.35

By Sam Coventry Will a technical resistance level on the euro dollar rate charts finally scupper the notoriously stubborn shared currency?

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13 November 2013 British Pound (GBP) LIVE: Sterling Surges as Carney Speaks + Unemployment Rate Falls to 7.6%

The British pound sterling (GBP) is tipped to come under further pressure through the course of Wednesday in a continuation of this week's theme that has placed the UK currency near the bottom of t…

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12 November 2013 Euro sterling exchange rate rockets higher - but the outlook is clouded by Wednesday's event risks

By Sam Coventry The euro to pound sterling exchange rate has powered higher through the course of Tuesday's trading session, but warnings abound suggesting that these gains are not guaranteed to l…

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12 November 2013 British pound (GBP) outlook uncertain even as Bank of England tipped to bring forward rate hike date

By Gary Howes The next big event on the horizon for the British pound is tomorrow's Bank of England Quarterly Inflation report.

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12 November 2013 Dollar rates today: USD broadly higher, risks remain that US data will continue to improve

By Will Peters Dollar Rate Today: Markets continue to mull prospects for the Fed taper (watch for Yellen’s appearance before the Senate banking Committee on Thursday), especially with the surprise…

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12 November 2013 14/11 Euro Report: Outlook, news and forecasts for the major EUR exchange rate pairs

By Sam Coventry The Tuesday Euro Report: Despite a mixed start to Tuesday the euro continues to be supported as far-eastern investors continue to demand euro's to buy undervalued European assets. …

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12 November 2013 GBP/EUR exchange rate crashes below 1.19 on UK inflation, but - is this an over-reaction?

By Will Peters   The British pound sterling has slumped on the global currency markets in early Tuesday trade on the back of a fall in the UK inflation rate. Is this selling pressure a mere kn…

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12 November 2013 Sterling Plummets on Inflation Data; Exchange Rate Markets Have One Eye on Tomorrow's BoE Inflation Report: 12/11 Live Coverage

The British pound sterling (GBP) got hammered against all the majors through the course of today owing to some poor inflation data. Indeed, the declines were sharp and have caught many FX commentat…

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11 November 2013 Australian, New Zealand, Canadian dollar exchange rate forecasts

By Will Peters Latest forecasts for the three dollar-bloc currencies courtesy of Bank of America Merrill Lynch Global Research.

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11 November 2013 Dollar rate today: Dollar Basket in the red but EUR/USD should remain capped

By Sam Coventry Dollar rate today (11/11): The USD is broadly lower on Monday morning after the buying interest sparked by Friday's US non-farm payrolls ebbs way. For Tuesday the 12th's dollar rat…

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11 November 2013 Outlook for the Euro Dollar Exchange Rate This Week

By Will Peters Where is the euro dollar exchange rate headed this week? We are currently seeing a decent rally by the shared currency; does it have the legs to extend?

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11 November 2013 Euro rate today (11/11): EUR/USD exchange rate continues to display a dogged resilience to selling pressure

By Rob Samson The euro has advanced against a host of major currencies as market traders continue to buy euro's at discounted rates.(For Tuesday's Euro Rate Today report, please visit here.

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11 November 2013 Pound euro exchange rate forecasted at 1.24 by TD Securities

By Sam Coventry One analyst at TD Securities has told clients that any bumps higher in the Euro Pound Sterling exchange rate will be temporary.

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11 November 2013 GBP/EUR Below 1.2, GBP/USD Struggling At 1.6: GBP LIVE on Mon 11/11

The first major data event of the week for the British pound sterling (GBP) comes on Tuesday with the release of October's inflation data. The global agenda is also light with the US Veterans Day H…

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08 November 2013 Euro Rate Today: EUR Down But Not Quite Out, Yet

By Gary Howes Euro exchange rates are looking remarkably firm on Friday - this as Eurozone inflation remains suppressed and Eurozone interest rates are cut.

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08 November 2013 Exchange rate outlook: Today's predictions for the British pound, euro, US dollar and Yen

By Sam Coventry We bring you a note concerning the outlook for the G4 currencies ahead of the all-important US Non-Farm Payroll data release.

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08 November 2013 Euro Sterling: GBP/EUR exchange rate forecasted to seek out 1.22 level

By Will Peters The British pound is forecasted to make an attempt on the 1.22 level against the euro owing to stable monetary policy in the UK.

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08 November 2013 Non-Farm Payrolls Key for Cable, Can 1.2 Hold vs EUR? - GBP Live on Friday 8/11

The British pound sterling (GBP) is at a key level against the Euro this morning; can the October highs be broken in coming sessions? All depends on the strength of the Euro which continues to suff…

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07 November 2013 Eurozone rate cut + Euro plunges: “Too little, and far too late!"

By Will Peters Latest comments and reactions to the interest rate cut made at the ECB today.

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07 November 2013 Australian dollar to pound sterling: GBP given a 'free pass' against the Aus dollar

By Gary Howes The GBP AUD exchange rate has powered ahead after markets took fright on some poor employment numbers. But, we hear from one analyst who says the employment picture will pick up agai…

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07 November 2013 ALERT: GBP/EUR exchange rate powers to 1.2 as ECB cuts interest rate ref. GBP/EUR

By Sam Coventry The pound to euro exchange rate has powered higher by 0.84 pct to hit 1.2.

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07 November 2013 Dollar Rate Today: Is the GBP overbought against the USD? Where is the EUR/USD headed?

By Sam Coventry Dollar rate today: We consider the latest levels and likely future direction of the major dollar exchange rate pairings today.

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07 November 2013 Euro Exchange Rate Today + ECB Press Conference LIVE: Will Draghi try and talk the EUR lower at today's conference?

By Gary Howes Euro rate today: The euro faces a crunch ECB interest rate and policy decision today; we could well see FX market volatility pick up at mid-day.

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07 November 2013 Euro Sterling Rate Today: The GBP Rally Looks to be Over for Now, ECB event risk ahead

By Rob Samson We consider the euro sterling rate on Thursday morning and note that momentum is beginning to slip away for the GBP.

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07 November 2013 Exchange Rate Outlook Today: Pound sterling, Euro, US dollar, Australian dollar, Japanese Yen

By Will Peters OCBC Bank issue their latest short-term forecasts for the most actively traded currencies.

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07 November 2013 GBP-EUR Powers To 1.2 as ECB Cuts Rate: LIVE Coverage on 7/11

The British pound sterling (GBP) is this morning subject to a 'wait and see' attitude amongst foreign exchange traders ahead of the BoE and ECB central bank meetings. The sense that the UK economy …

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06 November 2013 British GBP/EUR ALERT: GBP/EUR in fresh bounce as UK industry comes to the party

By Will Peters The British pound (GBP) has experienced a fresh wave of buying interest on Wednesday morning courtesy of yet more positive data surprises.

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06 November 2013 Aus dollar: Why is AUD falling on the global FX markets?

By Will Peters Today we take a look at the reasons behind the recent under-performance of the Australian dollar.

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06 November 2013 Outlook for Today is Bullish, Cable May Test 1.6260 Soon: Pound Sterling (GBP) Coverage 6/11

The British pound sterling (GBP) remained strong on Wednesday morning, outperforming all the majors after the release of a strong services PMI October print on the Tuesday. The figure jumped to 62.…

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05 November 2013 Is the Euro Sterling exchange rate at fair value?

By Gary Howes We consider a note issued on the valuation of the euro to pound sterling exchange rate on a day which has seen strong gains for the British pound.

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05 November 2013 Pound sterling (GBP) forecast: Cable tipped to break through to 1.61

By Rob Samson The pound sterling to US dollar has broken back into the 1.60's today. Is it possible that we could see this exchange rate break higher to 1.61?

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05 November 2013 Pound sterling (GBP) forecasted to hit 1.2 against the euro, 1.61 vs the US dollar

By Sam Coventry The British pound has surged higher against the euro through the course of the morning trading session in London owing to some better than expected economic data.

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05 November 2013 ALERT: GBP/EUR Surges Higher; GBP/EUR 0.6 pct higher as data beats expectations

By Gary Howes Above: A record reading from the all-important UK services sector confirms the UK recovery is far superior to that of the Eurozone. The pound euro exchange rate has powered ahead in …

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05 November 2013 GBP Surges as Service PMI Blow Expectations Out of the Water - LIVE Coverage on Tues 5/11

By Gary Howes The British pound sterling (Currency:GBP) has surged higher in morning trade following the release of some great stats out of the UK economy's services sector.

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04 November 2013 Euro vs Sterling: EUR goes from hero to zero in the space of a week

By Will Peters The euro sterling exchange rate has slipped through the course of today's trading session after it was shown that the UK construction sector continues to power ahead.

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04 November 2013 The British pound sterling (GBP) as seen by the speculators

By Will Peters How are the speculators betting when it comes to GBP and the other currency majors?

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04 November 2013 Australian dollar + New Zealand dollar outlook: AUD and NZD power higher vs pound sterling (GBP)

By Will Peters The Australian and New Zealand dollars are seeing fresh buying pressures on Monday as investors take commodity currencies and equities higher.

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04 November 2013 Dollar rate outlook for today: USD rally put on hold for now

By Rob Samson Dollar Rate Today: There is a fresh wave of optimism surrounding the US and if this continues this week the GBP/USD rate could be below 1.59 by the end of the week, despite good figure…

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04 November 2013 Euro exchange rate outlook for today: EUR/USD recovers but bias remains to the downside

By Sam Coventry Euro rate today: Supportive PMI gave a boost to EUR-bulls in the morning sending EURUSD above 1.3500, yet the outlook for the euro remains challenging.

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04 November 2013 Pound euro exchange rate (GBP) SURGES - Thanks to the UK Services Sector

By Rob Samson ALERT: Pound to Euro Surges Higher; GBP/EUR 0.6 pct higher as data beats expectations The pound euro exchange rate has powered ahead in the morning trading session in London as the UK…

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04 November 2013 GBP to be underpinned as analysts forecast UK economy to outpace Western rivals: Live Coverage on Mon 4th of Oct

By Rob Samson   The British pound sterling (Currency:GBP) starts Monday on a mixed note; however the currency is well supported. According to ICEAW and Grant Thornton this support will be un…

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01 November 2013 US Dollar Rate Today (1/11): Is the USD Seeing a New Phase of Strength? Yes.. Maybe

Dollar Rate Today: The US dollar continues to execute a broad-based recovery right across the breadth of the foreign exchange market place. How far can the rally last? [For Monday's Coverage of the…

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01 November 2013 Euro Rate Today: Why is the euro lower, and how far will it fall?

The euro has seen a dramatic decline in value against the majors over the course of the past 24 hours; and more losses are likely suggest the forecasters.

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01 November 2013 Exchange Rate Outlook Today: Pound Sterling, Euro, US Dollar and Japanese Yen

We present the latest short term exchange rate forecasts issued by OCBC Bank that suggest the euro will remain under pressure while the US dollar continues to see positive momentum return.

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01 November 2013 Pound euro exchange rates (GBP/EUR) sees best daily gains since April, more to come?

    The British pound has seen momentum return as markets decided to dump what was widely acknowledged to be an over-priced Euro.

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01 November 2013 Pound Sterling Live 1/11: GBP/EUR sees best gains since April but GBP/USD upside put on hold

The British pound sterling (Currency:GBP) has taken full advantage of the broad-based Euro weakness to break back into the 1.18's. However, whether the GBP can advance yet further will depend on th…

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31 October 2013 Euro forecast: EUR won't dip below 1.3475; beware of strengthening US dollar

The euro has come under significant pressure today. One analyst calls the bottom of the decline while another forecasts a return to strength for the US dollar sooner rather than later.

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31 October 2013 Aus dollar pushed higher by housing data; NZ dollar broadly firmer

It is proving to be a solid Thursday for the Australian and New Zealand dollar thanks to the latest housing data out of Aus which surpassed to the upside.

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31 October 2013 Dollar rate today (31/10): USD in control as EUR takes a hammering

Dollar Rate Today Report 31/10: The US dollar is firmer today after the Federal Reserve expressed a less dovish stance despite leaving interest rates and asset purchases unchanged. For the Friday r…

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31 October 2013 Euro rates today (31/10): Outlook Turns Decidedly Negative as Two Data Points Blow the EUR Out of the Water

What a day for those who were betting on declines in the value of the Euro - it seems prayers were answered on Thursday morning when two separate data releases torpedoed the euro in dramatic fashio…

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31 October 2013 ALERT: Pound euro exchange rate (GBP/EUR) in Strong Bounce; seen 0.44 pct higher

The pound to euro exchange rate has powered higher through the course of the Thursday morning session in London thanks to some eye-opening Eurozone data.

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31 October 2013 British Pound Sterling: GBP Takes Revenge Against the Euro

The British pound sterling (Currency:GBP) has found relief overnight as strong UK house prices confirm an improving situation for the all-important UK consumer. However; the outlook remains murky f…

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30 October 2013 Euro Rate Today (30/10): EUR no longer overbought; does this open the way for a challenge on 1.4?

  Note: For Thursday the 31st Oct Report, please click here - It is important reading as the EUR has really slumped today!! The Euro Rate Today Report: Euro rates are today swinging ahead of…

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30 October 2013 Dollar Rate Today (30/10): USD Could Surprise Us All And Bounce Higher In Post-FOMC Trade

PLEASE NOTE: Thursday the 31st's report on the USD is to be found here. Read about the impressive 0.7% advance we are seeing in EUR/USD. Dollar rate today: The USD has come under pressure followin…

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30 October 2013 GBP/EUR exchange rate at risk of further declines; where are the key levels?

A look at the pound sterling to euro exchange rate on Wednesday morning shows the euro poised for further gains.

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30 October 2013 GBP Remains Under Pressure, But Buy Dips Below 1.6 Say Lloyds Bank

The British pound remained under pressure against the Euro and US dollar on Wednesday. The selling of GBP continues with little satisfactory explanation; indeed we have heard talk of manipulation b…

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29 October 2013 Pound vs New Zealand and Australian dollar: AUD takes NZD Lower Following RBA Jawboning

The Australian dollar (AUD) is under pressure on Tuesday as comments from RBA Governor Stevens placed additional downward pressure on the AUD today.

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29 October 2013 Exchange Rate Forecasts: Sterling, Euro, US Dollar, Aus Dollar, Yen

Analyst Emmanuel Ng at OCBC Bank gives his forecasts for where the major foreign exchange pairs are headed in the short-term.

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29 October 2013 Dollar Rate Today Report for 29/10: Have Currency Markets Had Their Fill on USD Selling?

  Dollar Rate Today report for 29/10: It would appear that the appetite to sell the US dollar yet further has started to wane. Or are we merely seeing a break in the selling? [PLEASE SEE the …

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29 October 2013 Euro Exchange Rate Today (29/10): EUR Dominance Eases, Is the Euro Now Overpriced?

  Euro Rate Today: While the shared currency has lost some momentum through the Tuesday trading session we note the bias remains for further gains. This state of affairs has extended into the…

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29 October 2013 Euro to Sterling (EUR/GBP) UPDATED: Predictions Suggest a Strong EUR Will Be With Us For Some Time Yet!

The euro sterling exchange rate came under renewed pressure on Tuesday with heavy selling stepped up in the afternoon session taking the EUR yet higher. ON WEDNESDAY we see the currency pair has se…

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29 October 2013 Pound Sterling (GBP) LIVE on 30/10: GBP Under Renewed Assault From EUR + USD, BUT gains seen vs AUD and NZD

  The British pound sterling (Currency:GBP) is under pr essure on Tuesday with losses being witnessed against both the euro and US dollar. Meanwhile gains are being seen against the Aus doll…

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28 October 2013 Weekly forecast for the euro dollar exchange rate: EUR/USD to remain elevated on medium-term bullish momentum

Weekly euro dollar exchange rate forecast: The strength of the euro has been a feature currency markets have had to deal with over the course of the past month; will it be more of the same this wee…

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28 October 2013 GBP/EUR exchange rate: Weekly forecast shows rejection of 1.1695 is significant pro for GBP

This week's pound euro exchange rate forecast: Where is the pound to euro exchange rate headed this week? A look at the charts would suggest for now the outlook is balanced with the rejection of 1.…

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28 October 2013 British pound (GBP) vs Aus and NZ dollars: AUD rally has further to run, NZD supported by interest hike predictions

The pound managed to end last week on a high, closing above 1.68 on Friday. CBI realised sales should keep sterling competitive today however expectations that the Federal Reserve will refraining f…

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28 October 2013 Euro rate today (28/10): EUR outlook remains positive with shared currency remaining immune to sustained selling pressure

Euro rates are looking firm at the start of the new week; the critical question for forex markets will be whether the shared currency's recent strength has been overdone and whether a correction lo…

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28 October 2013 Dollar rate today (28/10): Outlook remains shaky despite Monday morning rally above 1.62

The pound dollar rate is today 0.23 pct higher than seen at Friday's close as a broad-based GBP recovery begins to take shape.

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28 October 2013 Euro Sterling: Outlook tipped ever so slightly in favour of the EUR; we predict sticky trading ahead

Early indications suggest the pound sterling is enjoying an early advantage against the shared currency on Monday. But judging by the recent stubborn price action calling the outlook will remain di…

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28 October 2013 GBP LIVE 28/10: Technical Forecasts + CBI Distributive Trends Data to Drive UK Currency on Monday

The British pound sterling (Currency:GBP) will today be at the mercy of the second-tier data due for release by the CBI - the Distributive Trends Survey. This really is second-tier so the focus wil…

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25 October 2013 Sterling vs Australian and New Zealand dollars: Can GBP end the week on a high?

  The British pound continues to maintain a positive tone against the Australian and New Zealand dollars on Friday morning with a strong end to the week looking possible.

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25 October 2013 Dollar rate today (25/10): USD selling starts to fade; EUR/USD gains halted as markets fear ECB intervention

  The dollar rate is today holding firm as we see downside pressures starting to ease. However, markets remain overwhelmingly pitted against the USD with the EUR being the favoured beneficiar…

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25 October 2013 Euro rate today (25/10): EUR refuses to be shunted lower - but how long can the strength last?

    The euro (EUR) rate is today as resistant to downside pressure as ever! This comes despite a soft read from the IFO.

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25 October 2013 Euro sterling exchange rate on 25/10: EUR remains a stubborn customer as GBP finds support from growth figures

The euro to sterling exchange rate is unchanged on Friday morning - even as markets have no shortage of data to digest when it comes to trading this pair.

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25 October 2013 GBP LIVE on 25/10: How will the UK currency react to today's GDP data?

The British pound sterling (Currency:GBP) will today be a slave to the release of third quarter GDP data. Ahead of the release we consider the possible reactions. We will of course bring you the re…

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24 October 2013 Foreign exchange rate forecasts on 24/10: British Pound, US Dollar, Euro, Aus Dollar

We bring a roundup of the top foreign exchange forecasts issued by some of the key investment houses we follow.

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24 October 2013 Euro Outlook: Is it time for Draghi to get aggressive on the Euro?

The euro sunk in response to the below-par data released today. However - it is back with a vengeance come late morning. There is just no holding the shared currency back it would seem!

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24 October 2013 Australian dollar (AUD) outlook: What is the key level that could see AUD/USD back at parity?

The Australian dollar (AUD) was little impacted by news out of China yesterday, however we are seeing the Aussie succumb to selling pressure in mid-morning trade in London.

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24 October 2013 Dollar Rate Today (Thurs 24/10): USD lower vs GBP and EUR but further losses will be hard to come by as USD-Index faces key support

This morning, EUR and GBP saw decent demand against the US dollar as Europe walked in.

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24 October 2013 Euro to pound sterling exchange rate (EUR/GBP) in slump as Eurozone composite PMI data disappoints

The pound sterling has had a tough week against the rampant euro so far; this morning's pullback in the EUR will be welcomed.

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24 October 2013 GBP LIVE on 24/10: Gilt Yields Conspire to Keep UK Currency Under Pressure

The British pound sterling (GBP) remains under broad-based pressure on Thursday but currency market observers will be watching if key support levels will provide some relief to the selling. It woul…

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23 October 2013 Today's exchange rate forecasts (Wed 23/10): Outlook for the pound, US dollar, Euro and Aus dollar

Daily / short-term foreign exchange rate forecasts updated by Pound Sterling Live in the afternoon forex trading session on Wednesday the 23rd of October.

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23 October 2013 Euro dollar exchange rate today (Wed 23/10): "A high probability that EURUSD will continue up towards 1.39 - 1.40"

The dollar rate is looking to maintain a rebound following sharp falls witnessed yesterday. However, the outlook continues to favour the euro.

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23 October 2013 Euro sterling exchange rate today (Wed 23/10): Why is the GBP struggling against the EUR?

The euro continues to thwart all of sterling’s efforts, and the market doesn’t look any less bullish on the euro this morning.

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23 October 2013 GBP LIVE: Euro / Sterling Under Pressure - BUT Positives Seen in BoE Minutes

The pound sterling (GBP) is unlikely to face any hurdles at today's main event - the release of this month's minutes from the Bank of England Monetary Policy Committee meeting. That said, markets a…

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22 October 2013 Euro dollar rate today (Tue 22/10): EUR forecasted to struggle against the US dollar on back of good NFP figures

The US employment report for September will be the main catalyst for currencies today. Higher-than-consensus payroll numbers may be USD positive, but not enough to fully reverse the USD's recent we…

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22 October 2013 Pound Sterling (GBP) on Tuesday: Outlook dominated by Charlie Bean, borrowing figures and non-farm payroll data

The pound sterling (GBP) sees the calendar start to pick up this Tuesday morning with Charlie Bean speaking and borrowing numbers due for release. Meanwhile, the US employment report for September …

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21 October 2013 Outlook for the Australian looks bright as ANZ Bank upgrade their economic forecasts

The Australian dollar is trading in firm fashion at the start of a new week. However, Monday also brings with it a new forecast note from ANZ Research that point to a robust Australian economy and …

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21 October 2013 Euro dollar rate today: EUR / USD outlook remains bullish, meanwhile EUR / GBP seen stuck in a rut

The euro is trading on the back-foot at the start of a new week for currency markets. However, we could actually be witnessing good entry points for the headline currency pair.

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21 October 2013 GBP/EUR Exchange Rate: Outlook for GBP/EUR on Monday shows a troublesome EUR continues to hamper advance to 1.19

The pound to euro exchange rate (GBP/EUR) is trading 0.14 pct up on last week's closing level at 1.1831.

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21 October 2013 Pound Sterling Live on Monday: Outlook for Today is GBP-Positive; a Busy Week Lies Ahead

The British pound sterling (GBP) has started the new week off on the front foot with gains being made against most of the majors. We have an action packed week ahead, so stay in touch with Pound St…

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18 October 2013 Euro Sterling: Outlook for EUR/GBP Hard to Call, Declining Channel Tips Odds in Favour of the Bears

Calling the near and medium term direction on the euro to pound exchange rate is increasingly difficult to call at this stage, but one analyst says he sees the pound sterling holding the edge.

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18 October 2013 Euro dollar exchange rate forecast: MIG Bank warn that the EUR/USD rally is overextended

However, analysts predict that the EUR/USD will still likely make a run towards 1.4 in the near-term.

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18 October 2013 Today's outlook for sterling, euro, dollar and Aus dollar from OCBC Bank

The OCBC short-term exchange rate outlook viewpoint.

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18 October 2013 Aus Dollar vs pound sterling: GBP/AUD advances despite strong pro-AUD Chinese data

The British pound sterling has traded in positive fashion against the Aus dollar on Friday, this despite some strong data out of China.

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18 October 2013 Live Coverage on Friday 18 Oct: GBP Predicted to Maintain Bullish Bias Towards 1.62 vs US Dollar

The British pound sterling (Currency:GBP) is looking solid on Friday morning with technical considerations and 'real money' demand keeping the UK currency well bid. There are no major data events o…

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17 October 2013 Pound sterling predicted to enjoy further gains vs US dollar today

We consider a couple of high-profile viewpoints on the outlook for the British pound sterling today.

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17 October 2013 GBP gets fresh boost as UK retail data series pip expectations

The British pound sterling (Currency:GBP) got a fresh does of impetus at 09:30 when the UK retail data series came in above expectations confirming the veracity of the UK economic recovery. The ove…

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16 October 2013 Pound vs dollar rate today: British pound on the offensive since biggest decline in the claimant count since 1997

News that more people have moved off the dole in a single month since 1997 has propelled the British pound higher on Wednesday.

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16 October 2013 Exchange rates outlook for today: Outlook for pound sterling, US dollar, euro, Japanese Yen and Australian dollar

  OCBC Bank have today issued their latest short-term exchange rate forecasts which shows the British pound continues to struggle at key resistance point, the breaking of which is key to furt…

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16 October 2013 Can sterling extend the recovery? Today's employment figures will decide

Can the British pound sterling (Currency:GBP) continue to edge higher against the euro and other major currencies today? This question will be answered at 09:30 when the latest UK employment number…

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15 October 2013 British pound in sudden plunge against US dollar, US leaders seen making progress on debt ceiling

US dollar vs pound sterling rate today: The GBP/USD exchange rate is 0.33 pct in the red at 1.5922. The declines come on a busy morning for the UK currency with 1.6 being breached at one stage.

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15 October 2013 Why has the British Pound increased in value today?

Above: The reaction of the pound to euro exchange rate indicates just how significant a driver inflation data can be.   For those who want a broad overview of how today's inflation data imp…

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15 October 2013 Great Comeback for GBP/EUR, But GBP/USD Prone to US Political Newsflow

The British pound sterling (Currency:GBP) has seen heightened volatility on Tuesday. News that UK inflation did not fall over the course of the last month got the GBP buyers stirring. However, the …

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14 October 2013 British Pound Sterling Live on Monday: GBP Exchange Rates Looking Top-Heavy, Technical Levels Key for Today's Trade

The British pound sterling (Currency:GBP) is holding onto levels seen at the close of last week. Tomorrow brings with it this month's all-important inflation data which could move the UK currency. …

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11 October 2013 British Pound Sterling Outlook vs US dollar, Euro, and Australian dollar: Short-term momentum against GBP, longer-term more favourable

We consult the charts to establish the momentum behind the British pound sterling with a view to try and best guess where the UK currency could be headed next.

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11 October 2013 Friday's Coverage: Where is the Euro to Pound exchange rate going next?

The British pound sterling (Currency:GBP) is firmer against the USD on Friday morning as key support levels continue to hold. The currency also remains at critical levels against the Euro, we will …

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10 October 2013 AUS dollar hit by unsupportive employment data, but Aussie registers advances against pound sterling

The Australian dollar is higher once more against the British pound on Thursday as a non-event Bank of England decision aids further GBP weakness, but we are seeing weakness elsewhere on the global c…

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10 October 2013 Exchange rate forecasts from Bank of America predict a weaker British pound and US dollar

Bank of America Merrill Lynch have collated the results of all their FX research together to help provide some clarity to G10 FX investors beyond the high current uncertainty.

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10 October 2013 Dollar rate today: Short-term outlook for GBP/USD favours USD, but longer-term GBP should comeback

We consider the latest developments behind the pound vs US dollar exchange rate and hear from a couple of currency market forecasters as to potential near-term direction.  

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10 October 2013 Euro to Pound: Sterling correction lower continues, but analysts predict this decline won't last forever

Our latest news and views on the pound sterling vs euro currency pairing.

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10 October 2013 Pound sterling to euro exchange rate: Struggling below 1.18 as wind is taken out of sterling's wings

The British pound has found the going against the euro tough this week with a key level of 1.18 being breached on the downside.

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10 October 2013 British Pound on Thursday 20 Oct: Outlook for GBP Remains Supportive, MPC is Today's Main Risk Factor

The British pound sterling (Currency:GBP) has recovered lost ground against the Australian and New Zealand dollars on Thursday, however levels against the US dollar and Euro are under pressure. We …

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09 October 2013 Pound euro exchange rate (GBP/EUR) crushed as manufacturing sector delivers "the worst readings in more than a year"

The British pound had started Wednesday off in poor fashion, setting the groundwork for a fresh sell-off when today's main data points disappointed.

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09 October 2013 Selloff: Pound sterling sharply lower vs Euro, US dollar, Australian and New Zealand dollars

The British pound has been sold heavily in Wednesday morning following the release of some key data out of the ONS.

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09 October 2013 GBP Hit Hard by Underwhelming Economic Data

  The British Pound Sterling (Currency:GBP) will on Wednesday find direction from a number of significant data releases on the trade, industrial and manufacturing production front. However, t…

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08 October 2013 Australian dollar vs pound sterling: Aussie takes GBP/AUD rate below 1.7 on strong rebound

The Aus dollar is in charge of the GBP/AUD equation on Tuesday morning following a positive data release out of the Australian economy.

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08 October 2013 Time to sell the euro, EUR-USD forecasted to fall by 0.5% - 1.5%

We hear from one analyst who says the euro is likely at the top end of its range and analysts should consider selling the currency.

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08 October 2013 Euro exchange rate today: EUR edges lower as German factory order data misses the mark

The euro has managed to maintain a positive bias on the global currency markets on Tuesday despite a key data release out of Germany coming in below expectations.

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08 October 2013 Pound euro exchange rate: GBP/EUR predicted to move lower as German economic data provides EUR impetus

The pound sterling is forecasted to come under pressure today amidst a dearth of data.

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08 October 2013 Exchange rate Outlook for today: Pound sterling, euro, US dollar, Australian dollar forecasts

We bring you the latest short-term exchange rate forecasts from analyst Emmanuel Ng at OCBC Bank.

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08 October 2013 Tuesday 8 Oct Coverage: Outlook for GBP Stable, Technical Forecasts and Predictions Likely to Be Today's Main Driver

Traders have proved nervous with regards to selling the British pound sterling (Currency:GBP) in aggressive fashion, as such the near-term outlook for the UK currency has stabilised. However, the UK …

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07 October 2013 Euro Rate Today: Warnings that Euro/Dollar Rally is Starting to Look Stretched, GBP/EUR in Relief Rally

Euro Exchange Rates Today: The EUR is witnessing mixed fortunes at the start of a new week with losses being seen against a resurgent British pound but gains seen elsewhere across the board:

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07 October 2013 GBP/EUR: GBP/EUR Must Hold Ground Above 1.1806 For the Bulls to End the Recent Correction Lower

Pound to Euro Exchange Rate Today: Trading for the pound and euro is predicted to be technical in nature on Monday morning, we consider the various levels involved.

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07 October 2013 Dollar Rate Today: GBP Back above 1.6; But Mysteries of Last Week's Declines Advocate for Fence-Sitting

Dollar rate today: We consider the outlook for the pound sterling to US dollar exchange rate on Monday morning and note a market with widely differing views.

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07 October 2013 Sterling Live on Mon 7th Oct: GBP in Recovery Mode, What to Look Out for in the Week Ahead

The British pound sterling (Currency:GBP) has put in a decent recovery on Monday morning after the declines witnessed at the close of last week. This will be a busy week for those with an eye on GB…

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04 October 2013 Pound sterling at attractive selling levels vs the US dollar, further declines predicted

Analysts note the pound to US dollar rate is at the top of a 4-year trend line and the scope for further declines from here are possible.

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04 October 2013 Euro exchange rate today: EUR carefree and on a tear higher, but will resistance levels scupper the rally?

It is all about a rampant euro on Friday morning as the shared currency dictates play against the majority of foreign exchange majors.

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04 October 2013 Is the British pound sterling rally now over?

Those with an eye on buying foreign currency using their British pound holdings should consider acting now says one currency market specialist.

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04 October 2013 Pound Euro: "The tables have turned and the euro is now dictating the GBP/EUR rate"

The pound to euro exchange rate has come under significant pressure over the course of the past 24 hours as a resurgent euro takes full advantage of an under-performing British pound.

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04 October 2013 Pound Sterling Live on Friday 4 Oct: The Slide vs the Euro Continues Towards 1.18, but why has the pound weakened?

The British Pound Sterling (Currency:GBP) may not face any exciting data releases today but eye-brows are being raised as to the recent depth in the decline being witnessed against the Euro. The big …

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03 October 2013 Euro pound exchange rate: EUR/GBP (aka Royal Pair) forecasted to extend today's gains

(click on above to enlarge). One analyst is forecasting further gains ahead for the euro pound exchange rate, but we must first wait for confirmation.

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03 October 2013 Euro Rate Today: Outlook for the EUR boosted by better-than-expected PMI data and retail sales data

Euro exchange rates: Today we see the euro continues to trade in positive fashion following the release of some positive economic data.

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03 October 2013 Is the Pound Sterling Overbought and Exhausted? Latest Pound Dollar Exchange Rate Viewpoint

Our exchange rate morning viewpoint concerns that of the pound vs US dollar exchange rate which has failed to capitalise on some good economic data out of the UK economy.

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03 October 2013 Dollar Rate Today: Outlook for USD Remains Pressured, Forecasts Suggest Further Declines Possible

US dollar exchange rates are today under pressure with the US Fed’s inaction being credited with keeping the dollar cheap in both FX and funding terms.

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03 October 2013 Exchange Rate Outlook Today: Forecasts for Pound Sterling, Euro, US Dollar, Australian Dollar

We consider the latest exchange rate forecasts issued by OCBC Bank analyst Emmanuel Ng.

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03 October 2013 GBP/EUR @ 1.19 again as UK currency is hit by all-round Euro strength

The pound sterling to euro exchange rate has been unable to capitalise on good economic data which indicates the UK economy is steaming ahead.

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03 October 2013 Sterling Live Thurs 4th Oct: GBP at Key Crossroads vs US Dollar, Is GBP Momentum Finally Waning?

The British Pound Sterling (Currency:GBP) is predicted to maintain a positive tone against the US dollar today, however a resurgent Euro has pushed the GBP/EUR rate lower. Look out for Service Sector…

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02 October 2013 British Pound vs South African Rand Outlook: Barclays Forecast ZAR Weakness in Coming Days

The South African Rand (Currency:ZAR) has been forecasted to come under pressure as as global markets are prone to a fresh bout of risk-off trading.

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02 October 2013 GBP/EUR exchange rate: GBP/EUR sinks as shared currency takes heart from Italian Senate vote + Draghi reassurances

It is all about the euro in the early afternoon currency market trading session in London.

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02 October 2013 Exchange Rate Outlook Today: Short-term forecasts for pound sterling, euro, US dollar and Australian dollar

Emmanuel Ng at OCBC Bank gives his short term forecast for the foreign exchange rate markets today.

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02 October 2013 Euro Exchange Rate Today: Stay on your toes - ECB risk lies ahead, EUR/USD seen remaining in 1.35-1.3580 band

Watch out for the European Central Bank interest rate decision and press conference ahead starting at 12:45.

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02 October 2013 Euro pound exchange rate: GBP still unable to capture 1.2 level against the Euro as battle of contrition continues

The British pound is currently fixed in a tense battle with the Euro; the 1.2 level is so close but the Eurozone currency is giving absolutely nothing away.

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02 October 2013 Pound vs US dollar foreign exchange rate: Outlook for GBP/USD is sketchy with UK construction PMI unable to reassert upside pressur

The pound sterling has found today's PMI data unhelpful ensuring the upside move in GBP/USD appears stalled for now but the US government shut-down saga could yet hamper the USD.

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02 October 2013 British Pound Sterling Live on Wed 2nd OCT: GBP Outlook Remains Bullish say OCBC, Construction PMI @09:28 Will Test UK Currency

The British Pound Sterling (Currency:GBP) today again saw a below-target PMI reading; however currency traders largely ignored this as the UK construction PMI is still in strong expansionary territ…

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01 October 2013 Outlook for the Euro vs US dollar exchange rate: Beyond the Shutdown, Focus on the ECB

The euro is struggling somewhat on Tuesday with data points out of Europe not proving helpful. We hear from Shaun Osborne at TD Securities who is forecasting the Euro to struggle as we close out 2013…

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01 October 2013 Euro Exchange Rate Today: EUR/USD Really Should Have Rallied Higher, Eurozone Data Releases Have Anchored the Shared Currency

The euro dollar exchange rate is 0.15 pct up on Monday night's closing level; EUR/USD is now quoted at 1.3546.

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01 October 2013 Why is the British pound sterling higher against the US dollar?

We take a look at the some of the reasons that have allowed the UK currency to advance against its US counterpart.

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01 October 2013 Pound euro exchange rate: Outlook for GBP/EUR remains positive as Eurozone data easily under-performs that of the UK

The pound to euro exchange rate is trading 0.12 pct higher on a day-to-day basis; GBP/EUR is quoted at 1.1970 at 09.53 in London.

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01 October 2013 Sterling Live on Tuesday 1st Oct: Euro to Pound exchange rate outlook ultimately remains bearish, Manufacturing PMI dominates today's agenda

The British pound sterling (Currency:GBP) is predicted to stay on the front foot against the Euro by TD Securities. The key drivers for the Pound Sterling today will be data released by Markit at 09:…

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30 September 2013 Trading Success: 272% Gains and Now You Can Copy Him

The quest to succeed in trading often ends in understandable disappointment owing to the sheer difficulty of calling the currency markets correctly. Fortunately the march of technology and the eme…

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30 September 2013 Euro vs Pound Sterling: Which is more popular amongst the exchange rate market speculators

The latest data on speculative positioning by currency traders shows a massive increase in those backing further gains for the Euro.

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30 September 2013 Exchange Rate Outlook: Weekly forecasts for the Euro vs the British pound sterling and US dollar

TD Securities give their latest views on the outlook for the major currencies.

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30 September 2013 Euro exchange rates today: EUR in fresh slump, EZ inflation data falls faster than expected

The euro is under pressure on the final day of September as Eurozone inflation comes in below expectations:

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30 September 2013 Pound sterling vs US dollar exchange rate predictions: GBP/USD outlook uncertain as GBP faces a critical week

The pound sterling to US dollar exchange rate is 0.16 pct up on Friday night's closing rate at 1.6164.

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30 September 2013 Pound euro exchange rate outlook: GBP/EUR forecasted to retake 1.2 level, Italian politics could destabilise EUR

The pound to euro exchange rate is trading 0.2 pct higher than seen at Tuesday night's close; GBP/EUR is quoted at 1.1962.

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30 September 2013 British Pound on Monday 30 Sept: GBP forecasted to extend gains vs Euro, money supply data released today, AUD on the back foot

The British Pound Sterling (Currency:GBP) has made a strong advance in its bid to take out 1.2 against the Euro over the course of the past 24 hours of currency trading with analysts forecasting more…

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27 September 2013 Pound sterling to euro exchange rate Outlook: GBP/EUR breaks above 1.19; is 1.20 achievable?

Pound sterling has moved above the psychological level of 1.19 against the euro on Friday morning; we consider the outlook for the pound to euro exchange rate and ask whether the 1.2 level is now att…

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27 September 2013 British Pound Sterling on Friday 27 Sept: GBP In Fresh Gains, Nationwide House Prices Surge, US Dollar Weakness a Key Theme

The British pound sterling (Currency:GBP) is trading in bullish fashion on Friday morning following the release of a strong set of housing stats by the Nationwide. US dollar weakness and technical …

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26 September 2013 Pound Sterling on Thurs 26th: Deutsche Bank calls to sell the pound and the euro against the dollar

The British Pound Sterling (Currency:GBP) continues to maintain an overall bullish position on the global currency markets. GDP data from the ONS showed a disapointing revision lower for the year-on-…

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25 September 2013 British Pound overvalued? At levels above 1.5500 GBP is overextended forecast BMO Capital

The British pound sterling (Currency:GBP) has enjoyed a good summer on the currency markets. But has the UK currency now got ahead of itself? One currency forecast suggests it has.

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25 September 2013 Sterling Live on Wed 25th Sept: GBP Risks 'Skewed to the Downside' When GBP vs USD Moves Above 1.5500

The British Pound Sterling (Currency:GBP) remains on the back foot against the US dollar and euro on Wednesday morning, essentially maintaining a similar tone to the previous days trade. There is n…

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24 September 2013 British Pound Sterling on Tues 24 Sept: GBP Outlook Technically and Externally Driven as UK Calendar Thins

The British Pound Sterling (Currency:GBP) will be driven by external factors today owing to a thin UK domestic calendar. The technical output for the British pound continues to broadly favour the U…

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23 September 2013 British pound sterling finds a favourite amongst currency market speculators once more

The British pound sterling has witnessed a strong about-turn in favour amongst currency market speculators.

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23 September 2013 Pound euro exchange rate powers higher as EUR is hit by Draghi event risk

Pound to euro exchange rate registers gains of half a percent as event risks pile up on the shared currency.  

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23 September 2013 New Zealand Dollar predicted to outperform other major currencies

The New Zealand Dollar is predicted to maintain a positive bias against the majors in coming sessions.

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23 September 2013 Euro Exchange Rate Today: EUR Predicted to Remain Firm, But LTRO Repayments and Liquidity are a Concern

Euro Rate Today: Preliminary PMI estimates across the Euro-zone have been mixed. French and German manufacturing PMIs deteriorated in September.

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23 September 2013 Pound Sterling / US Dollar Forecasts Upgraded at UBS; GBP Predicted to Remain Dominant in Remainder of 2013

The latest currency predictions issued by UBS show the British pound is expected to remain dominant over the US dollar through the remainder of 2013.

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23 September 2013 British Pound on Monday 23rd Sept: GBP Outlook Remains Positive, Beware of a Correction on Overbought Conditions

The British Pound Sterling is on a firm footing at the start of the final week of September. There are no economic events due from the UK today with the ability to shift the currency. Technical consi…

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20 September 2013 Time to short GBP say UniCredit Bank who also see an overstretched US Dollar

The British Pound is predicted to return to a period of weakness warn analysts at UniCredit Bank.

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20 September 2013 British Pound Sterling on Friday 20th Sept: GBP Faces Weale Speech, forecasting PSNBX at £13.2bn this month

The British Pound Sterling (Currency:GBP) is firm on Friday morning after a busy few day's of tumultuous trade. There is a degree of event risk ahead today and we will be bringing you the latest curr…

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19 September 2013 Exchange Rate Forecasts Today: Pound Sterling, Euro, US Dollar, Swiss Franc and Japanese Yen

Exchange rate forecasts from Swissquote Research on a day of heightened currency market volatility.

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19 September 2013 Pound Sterling Today: GBP Slumps, Maybe Carney is right? GBP/EUR, GBP/USD and GBP/AUD All Deep in the Red

Pound Sterling is being sold off as currency markets begin to consider that the guidance laid down by Mark Carney and the Bank of England could indeed be spot on.  

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19 September 2013 Australian, New Zealand Dollars forecasted higher as risk-takers are predicted to take this rally further

  The Australian Dollar has benefited from the reality of monetary policy in the US remaining very accommodative for longer than had been priced in by markets.

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19 September 2013 Euro Exchange Rates Well Bid Today + Outlook for the Euro Turns Firmer in Short to Medium Term

Euro Exchange Rate Today: Forex markets are still extremely volatile after yesterday’s surprise decision by the Fed to postpone tapering asset purchases. The Fed abstained from tapering its QE sendin…

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19 September 2013 Pound euro exchange rate down 0.6% as UK retail sales prove to be a game-changer; GBP/EUR breaks below 1.19 level

A turn in fortunes for the British pound against the euro has been witnessed in morning trade on Thursday.

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19 September 2013 GBP on a Tear Higher vs US Dollar; Warnings that Today's Retail Sales Could Pare Gains

The British Pound Sterling (Currency:GBP) enjoyed massive gains over the US Dollar overnight. This morning however we see the UK currency is flat ahead of retail sales due at 09:30. Markets are decid…

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18 September 2013 British Pound Sterling Surges against the US Dollar; GBP/USD over a percent higher in wake of FOMC event

The British Pound Sterling (Currency:GBP) is powering higher against the US Dollar, taking along some key resistance areas in the process.

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18 September 2013 Pound Sterling to Canadian Dollar (GBP/CAD): CAD has a fair bit on its plate today

A busy day ahead for the Canadian Currency that sees the BoC's Poloz attracting focus while the big ticket FOMC event threatens to send CAD lower.  

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18 September 2013 Exchange Rates Today: Pound Sterling, US Dollar and Euro Gear up for Today's US FED Event Risk

Latest insights into the global foreign exchange rate markets in early afternoon trade in London on Wednesday the 18th of September.

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18 September 2013 Australian Dollar Decline Could Restart Soon: Today's Outlook for the AUS Dollar

We try and ascertain whether the recent recovery in the performance of the Australian Dollar is likely to continue or whether the British Pound can break higher.

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18 September 2013 Euro Exchange Rate Today: EUR Forecasted Higher in Short-Term; Outlook Could However Change at 19:00

The Euro (Currency:EUR) is holding steady against the US currency in Wednesday morning trade. We are forecasting rates to be stuck around current levels until the run up to the big event at 19:00 Lon…

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18 September 2013 Outlook for Pound / US Dollar Exchange Rate Confirmed as Positive as GBP Surges in Morning Trade

Pound Sterling has found favour amongst currency traders on Wednesday morning as the UK central bank acknowledges an improving economy. However, US Dollar volatility will pick up later today as the U…

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18 September 2013 Pound Euro Exchange Rate: GBP/EUR Outlook is Positive as the Bullish Wave Remains Intact

  Pound Sterling has made a convincing start against the Euro on Wednesday morning. GBP will be in the driving seat today with the Bank of England MPC Minutes release at 09:30 being key.

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18 September 2013 British Pound Sterling on Wed 18 Sept: GBP Bullish Outlook Cemented as First Big Central Bank Hurdle is Vanquished

The British Pound Sterling (Currency:GBP) is in robust form following the key release of the Bank of England Minutes at 09:30. The big event for wider currency markets however comes at 19:00 London…

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17 September 2013 Outlook for the Euro darkens further

Are currency markets ignoring the shaky foundations of the current bout of Euro strength?

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17 September 2013 Euro Pound Exchange Rate: GBP hit by profit-takers, EUR Boosted by Latest Confidence Data Amongst Eurozone Business

The Euro clawed back ground against the dominant British Pound over the course of the past 24 hours as traders call time on the recent rally in the UK currency.  

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17 September 2013 Outlook for the euro exchange rate: The latest bullish and bearish views to consider on the 17th of Sept

Is the Euro going to stay strong for much longer? What are the numbers and events to look out for when it comes to forecasting direction from here?

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17 September 2013 GBP/USD Breaking Lower: Transferring Money Forecasted to Start to Get a Little More Expensive from Here

Have we seen the best levels in the British Pound to US Dollar exchange rate?

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17 September 2013 Pound Euro Exchange Rate About to Break Back Below 1.19 as ZEW Survey Smashes Expectations - the optimists now outweigh the pessimists

A strong data reading out of the Eurozone has seen the shared currency stage a strong advance against the British Pound on Tuesday morning.

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17 September 2013 Pacific Rim currencies looking firm, Australian Dollar outlook remains challenging with key data points lying ahead

The New Zealand and Australian Dollars have edged higher against Sterling in the past half hour, however the GBP remains poised for further gains.

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17 September 2013 British Pound Sterling on Tues 17th: Pound Euro Exchange Rate Awaits ZEW Survey + UK Inflation Data Presents GBP With Immediate Threat

The British Pound Sterling (Currency:GBP) had an unconvincing day on the global currency markets yesterday; today will provide traders with some tangible data with the inflation figures due at 09:3…

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16 September 2013 The Pound Sterling Rally Will Fizzle say RBS; GBP the Beneficiary of 'a Summer boomlet'

RBS currency forecasts suggest the ongoing British Pound Sterling rally is not built on solid foundations. Expect a reversal in fortunes.

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16 September 2013 A Better Euro to Australian Dollar Exchange Rate Sees France and Spain Become an Expat Destination of Choice for Aussies

  "One Australian I spoke to recently was looking for a home in France, which he liked for the lifestyle and proximity to the UK, where he visited frequently with no desire to live there."

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16 September 2013 New Zealand + Australian Dollar: AUD Remains Prone to Interest Rate Cut, Relief Rally Lifts Both NZD and AUD in Short-Term

Riskier assets, commodities, emerging market investments and high yielding currencies like the Australian and New Zealand Dollars have all received a boost today.

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16 September 2013 Euro Exchange Rates Today: EUR Strong; But Spot Rate Still Divorced from Yields, Summers Moves are Overdone

  We look at the Euro on Monday and see the shared currency enjoying a fresh bout of strength but question the  rally attributed to the US Fed's Summers.

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16 September 2013 Foreign Exchange Outlook for the Euro, Dollar, Pound Sterling, Australian Dollar and Japanese Yen

Emmanuel Ng at OCBC Bank gives his predictions for the main currencies on Monday morning.

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16 September 2013 Pound Dollar exchange rate forecasted to hit 1.6; US FOMC dominates the outlook

  The US Ddollar is weaker across the board as Larry Summers, the leading candidate for Fed Chairman, announced he would withdraw from the race.

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16 September 2013 Speculators Continue to Predict British Pound Sterling Will Decline

The latest data from the major US futures & options exchanges (CFTC) continues to show a bearish stance amongst speculators towards the British currency.

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16 September 2013 Pound Euro Exchange Rate: GBP/EUR Sitting Well Above 1.19, UBS Forecast Rate to Hit 1.22

The Pound Sterling to Euro exchange rate continues to ascend towards the 1.2 level, but is such a move possible in the near-term?

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16 September 2013 GBP Boosted as ICAEW Forecast Better Growth; GBP/USD Faces Barrier at 1.6

The British Pound Sterling (Currency:GBP) is mixed on Monday morning. With a lack of mainstream UK data on hand Sterling will be dictated to by moves in the US Dollar and technical positioning by tra…

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13 September 2013 GBP/EUR exchange rate (GBP/EUR) lurking underneath 1.19, analysts predict a breach of this level, but beware a EUR revenge rally

The British Pound Sterling continues to lie just about the next important psychological level in its conquest against the Euro. Is a breach possible?

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13 September 2013 Buy GBP/AUD on Dips: Pound sterling to Australian Dollar exchange rate forecasted higher as AUD dollar's positive Sentiment is 'Rudely Shattered'

The Australian Dollar has seen a rude shift in sentiment over the course of the past 48 hours with traders now predicting that a multi-month downtrend is likely to resume.

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13 September 2013 GBP "upside momentum is building" - or is it declining? Mixed forecasts for the pound sterling on Friday

There are no major data points on offer for the British Pound Sterling (Currency:GBP) on Friday. Instead broader market themes including US Dollar strength will be important. In addition technical fo…

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12 September 2013 New Zealand Dollar + Australian Dollar Forecasts: AUD Downtrend Predicted to Resume, NZD Strength Lies Ahead

Price action in the New Zealand and Australian Dollars has provided much of the excitement for today's currency market trading session. We consider the outlook for both the NZD and AUD.

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12 September 2013 Currency Outlook and Forecasts: Euro, Pound Sterling, US Dollar and Japanese Yen from OCBC Bank

Where are the currency markets likely to go from here? Don't fear, Emmanuel Ng at OCBC Bank is here with his latest short-term technical forecasts.

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12 September 2013 Euro Exchange Rate: EUR Outlook Turns Bearish Again as IP Data Puts the Brakes on Recent Rally

A nascent Euro rally appears to have hit a wall with the outlook for the currency once again turning bearish owing to poor industrial data out of the Eurozone this morning.

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12 September 2013 Aus Dollar Takes a Hit vs British Pound as Australian Employment Provides us with a Shocker

The British Pound to Australian Dollar exchange rate has recovered lost ground owing to some eye-raising Aussie employment figures released overnight.

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12 September 2013 Pound Euro Exchange Rate: GBP/EUR Volatility to Spike; What are the Key Numbers to Watch out For?

The Pound Sterling has stalled somewhat against the Euro in recent trade; but watch out for price action from 10 AM London time onwards - we forecast a spike in volatility and interest in this pairin…

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12 September 2013 Expect EUR/GBP Losses; MPC's Treasury Select Appearance GBP-Neutral: Thursday's Live Coverage

It has been a busy day for currency markets with the British Pound Sterling (Currency:GBP) being tested at 10:00 AM when the Bank's MPC members appeared before parliament. The event proved to be GBP-…

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11 September 2013 Euro / Australian Dollar Exchange Rate Forecasted to Fall by UniCredit Who Say 2Q 13 EUR-AUD Ascend was Excessive

Italy's UniCredit Bank have today presented three arguments in favour of EUR-AUD weakness in the foreseeable future.

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11 September 2013 Euro Pound Exchange Rate Forecasted to Decline: EUR/GBP is a Sell, Even if Carney Talks Sterling Lower

We hear from Kathy Lien at BK Asset Management who is forecasting further declines in the value of the shared currency.

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11 September 2013 GBP Surges in Wake of Employment Data, But Why Has it Since Fallen Back? - Wednesday 12th Live Coverage

The British Pound Sterling (Currency:GBP) has powered higher on Wednesday morning after some solid eco-stats out of the UK economy. However, we note that after an initial spike the UK currency has di…

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10 September 2013 Welcoming the plastic pound: Your money will last at least 2.5 times longer

Above: The Australian dollar is currently made out of plastic. They are also very bright which can come in handy.Are you ready for your pound to be both waterproof and last at least 2.5 times longer …

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10 September 2013 GBP/EUR exchange rate rally tipped to boost number of Brits buying European homes

The summer rally in the Pound to Euro exchange rate (GBP/EUR) could see an increase in the number of Brits making second-home purchases on the continent according to one overseas buying specialist.

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10 September 2013 The Outlook for the Pound Sterling to US Dollar Exchange Rate (GBP/USD) this Week: A Bearish Week for the US Dollar?

US Dollar Outlook for the Week Ahead: Fresh Selling of the USD Ahead say the short term forecasters, but longer-term outlook could see USD take revenge.

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10 September 2013 British GBP/EUR Exchange Rate (GBP/EUR): Sterling 2.46 pct Up on the Month, Why the GBP has Enjoyed Fresh Success

Just where does the Pound to Euro exchange rate (GBP/EUR) stand on the 10th of September? A look at the markets shows the Pound Sterling remains in a dominant position in relation to the Eurozone's s…

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10 September 2013 GBP Rally Forecasted to Run out of Steam; RICS Confirm UK Housing Market Racing Ahead - Tuesday's Live Coverage

The British Pound Sterling (Currency:GBP) has seen a halt to recent gains with market players no doubt awaiting tomorrow's important employment data. We hear from RBS that the British Pound is likely…

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09 September 2013 Euro to Pound Sterling exchange rate rallies capped at 0.8450, EUR technically challenged across FX space

The pound sterling is predicted to maintain the upper hand against the Euro this week. Indeed, the Euro is tipped to remain under a degree of broad-based pressure.

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09 September 2013 Short-Term Forecasts: British Pound, Euro, US Dollar, Australian Dollar, Canadian Dollar and Swiss Franc

Pound Sterling Live brings you the latest short-term exchange rate forecasts as presented by the currency strategy team at UBS.

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09 September 2013 British Pound Sterling: Lloyds Bank forecasting further squeeze higher in GBP as CBI call for 'unrelenting' focus on infrastructure growth

The British Pound Sterling (Currency:GBP) is proving once again to be a solid contender in the global FX space on Monday.

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09 September 2013 Outlook for the Pound vs US Dollar: "The GBP-USD may attempt to ride the vulnerable dollar higher" - But Longer-Term Forecasts at Barclays favour USD

The US Dollar is forecasted to drive the GBP-USD exchange rate lower in a second-phase of US Dollar strength warn analysts at Barclays. However, the near-term outlook favours GBP.

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09 September 2013 British Pound Sterling Live: GBP Predicted to Advance vs Vulnerable US Dollar, UK Claimant Count Forecasted Sharply Lower: Live Coverage on Monday the 9th

The British Pound Sterling (Currency:GBP) is firm on Monday as investors continue to price in an improving UK economy. Ahead this week we have all-important employment data which will form the domest…

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06 September 2013 Is a British Pound to US Dollar Exchange Rate Rally on the Cards Today? Outlook for GBP/USD on Non-Farm Payroll Day

The British Pound Sterling bulls will be chomping at the bit to carry the GBP/USD exchange rate higher should today's key US data point fail to impress.

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06 September 2013 Pound Sterling vs Australian Dollar and New Zealand Dollar: The Outlook Starts to Swing Back Towards the AUD and NZD

Have we witnessed the best levels for the British Pound Sterling against the AUD and NZD?

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06 September 2013 EUR Outlook Remains Challenging With a Dip Below 1.31 Increasingly Likely

Will the Euro break below 1.31 today? With a big data event due out of the US later today we could well see broadband Euro selling ahead.

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06 September 2013 Pound euro exchange rate: Today's data just won't allow GBP/EUR to take a crack at 1.19

The GBP continues to hover around inter-month highs against the Euro; there just wasn't enough good news in today's raft of data points to allow an attempt at 1.19.

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06 September 2013 Pound Sterling Share of Global Markets Slides but London Cements Number 1. Spot as World's Leading Trading Centre

Just where does the British Pound Sterling stand in the global foreign exchange market? The Bank for International Settlements has some new data suggesting GBP's share is slipping.

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06 September 2013 GBP Rallies on NIESR Growth, Up Against the US Dollar as US NFP Data Underwhelms: Friday's Coverage

The British Pound Sterling (Currency:GBP) has a busy day ahead with trade and industrial production data due in the morning session. We also consider the British Pound's share of global forex markets…

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05 September 2013 Sterling to Euro Forecasts: EUR at Top of its range say Lloyds Bank Research

Sterling to Euro exchange rates will be well protected to downside moves suggest analysts.

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05 September 2013 Euro to Pound Sterling Exchange Rate Forecast: EUR/GBP Predicted to Maintain the Upper-Hand for the Next Month

The Euro to Pound exchange rate is forecasted to continue to benefit from the UK economy's outperformance of that of the Eurozone by Lloyds Bank Research.

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05 September 2013 Euro Dollar Exchange Rate Forecast: EUR/USD Could Receive Draghi Boost, But One-Month Bias is Towards Downside

A roundup of the latest long-term and short term technical and fundamental forecasts for the Euro.

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05 September 2013 New Zealand Dollar: Citibank Forecast NZ Dollar to Rise against USD to 100 Day Moving Average

The New Zealand Dollar (Currency:NZD) is forecasted to enjoy further gains against the US Dollar and other cross rates such as the British Pound in coming sessions. However, any gains will have to …

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05 September 2013 GBP Forecasted to Touch 1.57 vs US Dollar BUT the BoE Looms Large: GBP on Thursday 5th Aug

The British Pound Sterling (Currency:GBP) remains firm following a non-event Bank of England MPC decision.  Technical forecasts continue to point to the possibility of further gains for the UK c…

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04 September 2013 EUR in Relief Rally vs US Dollar as Confidence Improves but Composite PMI Revision Weighs

The Euro has seen some relief against the US Dollar today, however against the likes of Sterling and the Aussie the going remains tough:

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04 September 2013 Outlook for the Euro: EUR Forecasted to Undergo a Deeper Selloff Should Today's Spike Prove Temporary

We bring you the latest forecasts for the Euro on Wednesday the 4th of September, and it seems as though the bears remain in charge of the shared currency.

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04 September 2013 Pound Sterling / Aus Dollar Outlook: Aussie Currency Determined to Push GBP/AUD Below 1.7 Level

The Australian Dollar is beginning to regain the initiative against the British Pound with a break below the key 1.7 level looking increasingly likely.

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04 September 2013 Australian Dollar: ANZ Research Warn that Despite Today's GDP Data, RBA Still on Course to Cut Interest Rates

The Australian Dollar (Currency:AUD) is staging an impressive relief rally on Wednesday morning in Europe:

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04 September 2013 Euro Pound Exchange Rate Forecasts: EUR Predicted to Sink to 0.83 by OCBC; British Pound Misses out on Post-PMI Bounce

The Euro to Pound exchange rate (EUR to GBP) has held its ground in morning trade as the British Pound fails to realise a strong bounce following record Service PMI numbers.

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04 September 2013 GBP Forecast vs Euro Upgraded at OCBC; Lloyds Bank Forecasting 60.5 For Services PMI: Pound Live on Wed 4th Sept

The British Pound Sterling (Currency:GBP) is becoming increasingly perceived in a positive light as the UK's economy continues to surprise with the strength and nature of its recovery. For the UK c…

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03 September 2013 Pound / Dollar Outlook: A strong continuation up toward 1.5700 is likely later this week

Predictions for the Pound vs US Dollar: The British Pound has enjoyed further gains on Tuesday following on from a positive Construction PMI release.

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03 September 2013 Australian Dollar Outlook: Could we See Tactical Buying of AUD Towards 0.92?

The AUD is the top performing G10 currency this morning after the RBA kicked off this week’s slate of developed-world central bank meetings with a message that was less dovish than expected.  

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03 September 2013 Outlook for Pound vs Euro Exchange Rate: Further Sterling Appreciation Towards 1.20 Could Be a Slow Process

The appreciation in the Pound Sterling to Euro exchange rate has been impressive with many analysts predicting short term gains. However, the longer term outlook for the Pound Sterling could see an e…

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03 September 2013 Pound to US Dollar Exchange Rate Forecasts: "It may well attempt to creep towards 1.5600"

We bring a roundup of the latest views and forecasts for the British Pound Sterling vs the US Dollar on Tuesday morning in London.

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03 September 2013 GBP Forecasted to Extend Gains vs US Dollar and Euro, Construction PMI Tipped to Decline: Live Coverage on Tue 3rd of August

The British Pound Sterling (Currency:GBP) faces another eco-stat test at 09:30 - is it finally time for a negative data surprise? Either way, the UK currency continues to trade in robust fashion with…

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02 September 2013 Euro Dollar Exchange Rate Outlook: CFTC Data Shows Achieving Gains Through 1.34 Expected to be Difficult

A look at the latest positing amongst currency speculators shows extended Euro gains are likely to be harder to achieve in coming sessions.

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02 September 2013 Outlook for Pound Sterling this week: Thursday BoE rate decision + US Non-Farm Payrolls

Monday has seen the Pound Sterling receive a boost with UK factory orders propelling the UK currency higher:

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02 September 2013 Outlook for Pound Sterling to Australian Dollar Exchange Rate: "The Australian dollar faces a week of concentrated event risk"

The outlook promises a bumpy ride for the Australian currency with analysts at UBS warning that they retain a bearish stance toward the AUD.

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02 September 2013 EUR Outlook Dominated by Support at 55-day MA (1.3194) vs the US Dollar, EUR/GBP in Fresh Slump

The Euro is primarily data driven on Monday morning; however today's positive PMI data has not provided enough of a boost to see the Euro break out of recent ranges and as such we will continue to fo…

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02 September 2013 GBP/EUR Exchange Rate: GBP-to-EUR Sails Towards 1.18, Debate over Bank of England Policy Tipped to Heat Up

The GBP to EUR exchange rate is attempting to break out of recent ranges as a busy week of data opens in promising fashion.

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02 September 2013 The Euro to Pound Exchange Rate Mystery: "Something deeper and perhaps more profound"

Monday morning sees the release of the first economic data in what will be a week filled with data points for the British Pound Sterling (Currency:GBP) to latch onto. The outlook for GBP is mixed as …

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30 August 2013 Forward Contracts for Money Transfers to India: Lock in these great GBP to INR rates today

Take advantage of these current record-high rates on GBP/INR before a correction lower occurs - book your Pound Sterling / Rupee exchange rate for the future.Our partners, RationalFX, are currently t…

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30 August 2013 Australian Dollar Outlook Remains Challenging: "GBP/AUD moved from an overnight level of 1.73 to gain almost a cent to 1.7390"

The POUND STERLING is predicted to maintain a positive tone against the Aussie in coming days as the technical indicators remain in beairsh territory and US data improves.

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30 August 2013 Euro Exchange Rate Forecasts: "We remain EUR bears, targeting 1.25 into year‐end"

A number of short-term forecasts have been issued on the Euro Dollar exchange rate this Friday morning; we note that yesterday's declines have prompted a shift towards a more coy stance regarding the…

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30 August 2013 Outlook for the Pound: EUR/GBP Bearish Theme Continues; Eventual Decline Towards 0.8411-0.8398 Predicted

The Euro continues to trade with a negative bias against the UK currency on Friday morning with analysts now predicting further declines.

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30 August 2013 Pound Sterling to US Dollar (GBP/USD) Outlook: "Complexion for the pair to turn perceptibly top heavier"

The US Dollar is keeping steady at 4 week highs on Friday morning and the near-term outlook is predicted to continue to favour the global reserve currency.

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30 August 2013 GBP Boosted by a Bullish UK Consumer, EUR-GBP heads below 0.8550 on supported UK yields: Friday's Live Coverage

After a slow couple of days the British Pound Sterling (Currency:GBP) finally has some data points to latch onto this Friday. We have already heard from GfK and Nationwide; consumer confidence data p…

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29 August 2013 A German Shot in the Arm for GBPEUR as German Unemployment Figures Disappoint

The GBP/EUR pairing has today reacted to poor news out of the German economy; however the technical picture or this pairing shows trading promises to be volatile in coming sessions.

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29 August 2013 EUR Defending 1.34: How Large are the Stops at This Level?

The outlook for the Euro is dominated by tactical and technical considerations, however there is some fresh news due out of Germany soon which will also drive investor sentiment towards the shared cu…

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29 August 2013 GBP Inches Lower Against US Dollar in Quiet Trade, Vodafone Deal Puts Bid Under GBP/EUR: Rolling Coverage on Thurs 29th Aug

The British Pound Sterling is on the front foot against the Euro on Thursday morning, however an easing of global tensions has seen markets, commodities and emerging market currencies staging a relie…

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28 August 2013 The Outlook is Bright But Euro Dollar Gains to be Capped at 1.3420

The Euro (Currency:EUR) has taken heart from recent German economic releases, but what does the near-term outlook look like? We explore the prospects for the Euro below.

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28 August 2013 GBP to EUR Breaks Below 1.16

The GBP faces a busy day today with the UK's Carney dominating the stage. We also have some data points to account for but it seems the key drivers for the near-term outlook are central bank related.…

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28 August 2013 GBP Bites into Aus Dollar Indian Rupee While Carney Takes "a Second Bite of the Forward Guidance Cherry": Wed 28th Live Coverage

The British Pound Sterling (Currency:GBP) has today taken another chunk out of the Indian Rupee and Australian Dollars as emerging markets continue to correct lower in anticipation of US Fed tapering…

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27 August 2013 Euro In Strong Recovery, Analysts Predict Consolidation Above 0.84

"After the August repositioning, EUR/GBP has incorporated the recent improvement in the UK eco data. Even so, we think that the downside in sterling has become well-protected." - KBC Markets.

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27 August 2013 GBP/USD: Forecasting a Decline Below 1.54 as Analysts Refuse to Discount an Appreciation of USD in 2013

The British Pound has been tipped to decline towards 1.54 as analysts continue to forecast USD strength into year end.

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27 August 2013 Indian Rupee in fresh slump: GBP to INR Slips 2.5 pct Alongside Other Emerging Market Currencies

Asian equities heavily sold off: Jakarta Composite dropped 3.55%, Philippine’s SE IDX lost 4.25%. MSCI Emerging markets started the week 1.09% down on the geopolitical concerns in Syria.

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27 August 2013 Forecasts Suggest Further Gains Lie Ahead for EUR/USD, But is Shared Currency now Overbought?

Today sees the release of further positive forecasts for the shared currency; however geo-political tensions, as well as Italian political tensions, could see the outlook for the Euro turn dark.

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27 August 2013 GBP advances 0.44 pct against AUD as Investors Edge Towards Safe Havens

The term 'safe haven' has grown in popularity as of late; a sell-off across global markets has caught the Australian and New Zealand currencies on the back-foot; the British Pound is benefiting at th…

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27 August 2013 The Pound Stages a Retreat; GBP/EUR Could Soon be Testing 1.16 Again

Could this be the conclusive evidence that suggests the GBP/EUR rally of 2013 has run its course?

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27 August 2013 GBP in Renewed Slump vs Euro and US Dollar, Outlook to be Technically Driven Ahead of Carney Speech: Pound Live on Tuesday the 27th

The British Pound Sterling (Currency:GBP) has staged a significant retreat against the Euro and US Dollar on Tuesday, however there are some decent gains to be had against emerging market and commodi…

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23 August 2013 EUR/USD Advance Capped @ 1.34, New Ascending Wave has Begun

EUR/USD slipped under 1.33 yesterday but only very briefly before meeting solid demand at the figure and shooting back above 1.3350.

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23 August 2013 Indian Rupee Forecasted Higher by Barclays: INR Supported as Brazil Intervenes in Global Currency Markets

The Indian Rupee’s losses have been tempered somewhat in the last 12/24 hours but as of yet the first EM country to decisively intervene to halt the depreciation of their currency is Brazil, will Ind…

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23 August 2013 Euro UP 0.2 pct: It's Germany vs the UK in the Economic Stakes, But Why is EUR Higher in the PM Session?

The British Pound has slipped up against the Euro in afternoon trade in London. Expectations for a fresh dash above 1.17 in the GBP/EUR have now been scuppered.

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23 August 2013 GBP/NZD Exchange Rates Breaks 2.0 Level, AUD at Inter-Year Highs

The British Pound has achieved an inter-month high against the New Zealand and remains at multi-year highs against the Australian Dollar.

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23 August 2013 GBPEUR Tipped to Challenge 1.17 Once More

The British Pound is challenging the 1.17 level against the Euro this morning following fresh confirmation that the UK economy is recovering in robust fashion. A miss on BBA Mortgage Approvals has da…

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23 August 2013 GBP Rally Comes to a Sudden Halt as Profit Takers Press the Sell Button: Pound Sterling Live on Friday 23rd

British Pound Sterling (Currency:GBP) faces its only real test of the day at 09:30 when we get a slew of data releases, the big one to watch is the revision to Q2 GDP. Technically speaking, the outlo…

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22 August 2013 Weale Proves to be the Catalyst Needed to Trigger Fresh Sterling Weakness

The Euro Pound exchange rate has risen off August lows in a sign that we could be seeing the end of recent British Pound dominance:

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22 August 2013 Canadian Dollar Continues to Feel the Heat Against USD, EUR and GBP; Outlook Remains Poor for CAD

The Canadian Dollar (Currency:CAD) is weak leading into the NA session, trading to a fresh one‐month low. Both EURCAD and GBPCAD have dropped slightly below their recent highs but remain elevated:

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22 August 2013 NZD and AUD Stage Strong Comebacks as Commodity Prices and Equities Recover

The Australian Dollar (Currency:AUD) had fallen to a 2-week low against the US currency alongside similar weakness in other major currencies. However, the London trading session has witnessed an impr…

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22 August 2013 Getting That Sinking Feeling

The US Dollar is on a tear higher; the GBP/USD has subsequently crashed through technical support levels with matters only being made worse thanks to comments from the BoE's Weale.

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22 August 2013 Indian Rupee Exchange Rate Crisis: Is it Now Time to Buy Cheap INR?

We look at the under-pressure Indian Rupee and see that it remains under heavy selling pressure. However, one currency commentator asks whether now is the time to buy INR ahead of any recovery.

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22 August 2013 EUR Underpinned by EM + Corporate Flows, Eurozone PMI Exuberance Tempered by Poor French PMI Readings

We are seeing some volatility in the Euro exchange rate pairings today; however the outlook for the EUR is looking a sight brighter as we get confirmation the Eurozone economy is finally at the start…

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22 August 2013 A Fresh Slump as Eurzone PMI Data + Martin Weale Comments Scupper Sentiment in the GBP/EUR

Are we witnessing the end of the Pound Sterling's mid-year rally against the Euro? If the latest PMI data out of the Eurozone is anything to go by Sterling's recent dominance could well be over.

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21 August 2013 Australian Dollar Forecasted to Come Under Consistent Pressure against the British Pound

The forecast for the Aus Dollar in the near-term is for more losses, particularly against the British Pound according to one analyst. However, some believe Aussie losses will be contained...

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21 August 2013 EUR/USD and Cable Poised to Strike Recent Highs Should US Fed Sound Dovish

The Pound Sterling has made fresh advances against the Euro on Wednesday while the major currency pairs lie in wait of the next big market-moving event.

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21 August 2013 Outlook Favours EUR Going Forward, But Will US FOMC Minutes Scupper Further Rallies?

The Euro may be lower on Wednesday morning in an apparent correction following yesterday's strong gains, but the outlook continues to favour the single currency going forward.

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21 August 2013 NZD Worst Performer on Global FX Space Over Past 24 Hours

The New Zealand Dollar (Currency:NZD) is under the hammer on Wednesday morning; yesterday's sell-off has provided the momentum for further losses today.

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21 August 2013 GBP/EUR 0.25 pct Higher Thanks to CBI Industrial Trends - "Continual good news from the UK manufacturing sector"

The British Pound has advanced against the Euro on Wednesday morning to recover a good portion of the losses registered during yesterday's foreign exchange trading session.

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21 August 2013 Pound Dollar at 2 Month High; But Will the Bank of England Spol GBP's Party?

The British pound is holding steady close to two-month highs against the US dollar on Wednesday morning; the outlook continues to favour the British pound from a technical perspective but there are c…

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21 August 2013 US Tapering, the US Dollar and Wider Currency Markets: Likely Impacts of Today's Big Event

Expect today's financial and currency market discourse to be anchored firmly around the issue of the scaling back of the extraordinary fiscal support measures currently underway in the US - a proce…

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20 August 2013 Australian + New Zealand Dollars Slump by Over a Percent versus Pound Sterling; RBS Forecast Current Levels to be Maintained

The Australian Dollar (Currency:AUD) is over a percent lower against GBP on Tuesday thanks to further signs that the Reserve Bank of Australia is to cut interest rates.

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20 August 2013 Why are the Euro Exchange Rates so Strong Today?

"If EUR/USD manages to hold the breakout above 1.34, the next level of resistance will be 1.35." - Kathy Lien @ BK Asset Management.  

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20 August 2013 Euro Upside Limited say UBS (THIS as EUR/USD and EUR/GBP Surge Higher During Tuesday Trade)

The Euro has staged an impressive advance through the course of Tuesday's trading session in London but one analyst is not expecting the good run to last for much longer.

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20 August 2013 "We Remain Cautious on Sterling" say UBS; Possibility Grows of Bank of England Actively Talking the British Pound Lower

If the BoE's forward guidance endures the currency will slide again particularly against the dollar say UBS.

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20 August 2013 GBP/EUR Under Pressure as Profit-Takers Finally Show Their Hand + Stay Cautious on Sterling Warn UBS

The strong run in the GBP to EUR exchange rate has come to an end as traders call time on this month's impressive British Pound rally.

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20 August 2013 British Pound Predicted to Gain versus US Dollar + Possible Scenarios and Outcomes to Tomorrow's US Fed Minutes

The market's interpretation of tomorrows Fed July policy meeting minutes will be key for GBP/USD direction; in addition we consider the the latest technical forecasts on offer.

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19 August 2013 Outlook for New Zealand Dollar: Upside Risks to NZD Grow as NZ Economic Data Strengthens

Where is the New Zealand Dollar headed against the British Pound and Euro this week? We assess the big events facing the NZD this week and take a look at the currency's technical outlook to ascertain…

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19 August 2013 EUR/USD at an Important Technical Crossroads as Signs Emerge of an Overextended Euro Rally

The Euro is looking good on Monday morning; our latest quotes from the wholesale spot markets show:

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19 August 2013 GBP/USD Forecasted Higher in Short-Term, But Lower in the Longer-Term Timeframe

Sterling finished the week on Friday fairly inconspicuously, showing little change across the day, but still ending ahead for the week against both the dollar and the euro. Today we see further stren…

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19 August 2013 AUD Predicted to Remain Under Pressure Long Term, But Near-Term Currency Market Action Could See Further Gains

The Australian dollar is predicted to enjoy a period of strength in coming days; further out, however, analysts point out the Aussie remains prone to a resumption of a longer-term downtrend.

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19 August 2013 Analysts Forecasting Further Gains for GBP/EUR; Barclays Pencil in 1.2, Nordea Bank 1.19

The British Pound is predicted to continue outperforming its continental peer over the course of the next 12 months.

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16 August 2013 "I'm chronically bearish on this pair" says one commentator

As the Euro to Pound exchange rate stages a relief rally many in the currency market place are in agreement that the Pound Sterling rally may have run its course for now.

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16 August 2013 EUR/USD in Desperate Tug-of-War, Eurozone in Trade Surplus, US Data is Key Event on the Horizon

"The tug of war between EZ and US data releases may keep the EUR-USD trapped in recent ranges" - OCBC Bank.

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16 August 2013 Outlook for Australian and New Zealand Dollar Brightens Considerably as Gold, Silver and Copper Prices Start to Shine Again

The Australian Dollar is on the front foot on Friday morning as commodity prices continue to firm resulting in hopes that the worst has now passed for commodities, and thus the Aus Dollar.

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16 August 2013 Pound's Rally Running Out of Steam Warn Analysts; A Period of Consolidation Around 1.17 Lies Ahead

Have the good fortunes behind the British Pound come to an end? Are we about to see the EUR/GBP recover lost ground?

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16 August 2013 GBP/USD Remains Well Poised for Further Gains, But US Data Points Could Scupper Progress

The outlook for the foreign exchange markets has shifted from domestic data events to global responses to US data releases. Today should provide us with much volatility.

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15 August 2013 Sterling to Extend Decline Towards 0.82 (GBP/EUR at 1.2)

The British Pound is on the front foot as UK gilt yields rise and analysts start forecasting a more solid performance from the UK currency.

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15 August 2013 New Zealand Dollar Outperforms Australian Dollar as a US Dollar Rally Commences in the Wake of Strong US Data Releases

The foreign exchange market place is overwhelmingly pro-US dollar on Thursday afternoon London time; this has significant implications for the outlook of the Australian and New Zealand Dollars.

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15 August 2013 Euro predicted to advance, US data points could however scupper forecasted gains

The dollar chalked up a mixed performance against the majors on Wednesday with the run of positive GDP numbers (EZ, French, German) out  of the EZ failing to stick, leaving the EUR-USD relativel…

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15 August 2013 AUD Could Swing Higher as a Reversal Pattern Emerges, US Data Points are Main Risk Ahead

In the absence of any major news events coming out of Australia we are left looking at external drivers to try and determine the outlook for the Australian dollar today. What we see is the potential …

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15 August 2013 UK Retail Stats Ensure GBP/EUR Consolidates Ground North of 1.17

The British Pound has advanced in Thursday morning trade thanks to yet another stellar set of UK economic figures. The forecast continues to show scope for further GBP/EUR gains.

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15 August 2013 Outlook Firmly in Favour of GBP as GBP/USD Smashes Through Important Resistance Level

GBP/USD has made fresh advances on Thursday morning thanks largely to the latest set of consensus busting UK economic data.

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14 August 2013 New Zealand Dollar is Today's Best Performing Currency; GBP/NZD 0.36 pct in the Red

The New Zealand Dollar (Currency:NZD) has pushed higher in global FX trade on Wednesday:

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14 August 2013 Pound Reaches New Milestone Against Euro in Impressive Recovery; 1.17 Breached as EZ GDP Data Unable to Halt GBP/EUR Rally

A good day of data out of the Eurozone has proven to be not enough to halt a rampant British Pound push GBP/EUR to 1.17.

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14 August 2013 Pound Sterling Forecasted to Gain versus US Dollar in Near-Term, But USD Strengthens Towards Year-End Warns Scotiabank

GBP/USD biased to gain further in the short-term but Scotiabank are forecasting the US dollar to strengthen into the year end.

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14 August 2013 Australian Dollar slips lower against the British pound, Caxton FX forecasting 1.71 for GBP/AUD ahead

UK labour market statistics handily beat analyst expectations ensuring the British pound holds onto recent momentum against the Australian currency.

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14 August 2013 EUR in the red on GDP numbers, but outlook for the Euro remains positive thanks to momentum

The shared currency is under pressure on Wednesday morning thanks to a string of GDP numbers which needed to give more in order to ensure further gains. That said, the outlook is not all doom and glo…

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14 August 2013 GBP/EUR Eyeing Out 1.17 Level As Currency Markets Like the Latest Eco-Stats From UK Economy

The Pound Sterling has notched further advances against the Euro on Wednesday morning confirming that momentum between the two lies behind GBP.

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13 August 2013 Australian Dollar Forecast: RBS Foretell of Further AUD Declines as GBP/AUD Cracks Ceiling at 1.17

"The mood shift in the mining sector in Australia towards a clear peaking in the investment boom made the AUD less response to signs of stability in China." - Greg Gibbs at RBS.

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13 August 2013 New Zealand Dollar Outlook: "Up this week" say the forecasters at Westpac (But mind the Tuesday afternoon tumble)

We take a look at the latest views on the outlook for the NZ dollar held by the foreign currency team at Wespac Institutional Bank and note the issue of Federal Reserve tapering is critical for this …

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13 August 2013 GBP/EUR advances a further 0.2 pct, EUR weakness seen as being widespread

The Euro has failed to capitalise on some outstanding ZEW figures out of Germany - as such the momentum remains with GBP at present.

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13 August 2013 UK Homeowners Releasing Equity to Fund Overseas Property Purchases + Better Euro Exchange Rates Coming?

As house prices in England and Wales reached an all-time peak in July, driven primarily by huge demand for property in the capital, it should come as no surprise that those in the market for property…

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13 August 2013 Social Trading Focus: ApeBurger Notches Up in Excess of 300% Gains Over the Last Year

We hear from one social trader who has a knack for identifying and copying the most successful traders on the world's largest social trading network.

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13 August 2013 EUR Boosted by ZEW Survey Data, Technical Forecasts Suggest a Further Retreat in EUR/USD is Likely

The Euro has received a mid-morning boost in the form of some good business data out of the Eurozone, however the technical outlook for the shared currency remains challenging.

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13 August 2013 Pound Predicted to Bounce Back Against Australian and New Zealand Dollars: GBP-AUD at 1.7 Again?

We take a look at the latest performance in the GBP/AUD and GBP/NZD exchange rates in light of the poor Australian confidence data released today.

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13 August 2013 GBPUSD Rejecting the 1.56 Level + US Retail Sales Figures to be Key for USD Today

The US dollar has firmed up this week and once again it really all comes down to the swings in the debate over QE3 tapering. With today’s US retail sales figure likely to be strong, we could well see…

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13 August 2013 GBP "has certainly become more data dependent" say RBS; EUR Awaits ZEW Survey Data

The outlook for both the euro and British pound is highly dependent on data at present; Tuesday promises to provide currency watchers with some decent action.

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12 August 2013 Warning: Latest forecasts for the Euro Dollar exchange rate predict an 'intensive' movement back down to 1.2

The current tight ranges witnessed in the Euro Dollar exchange rate are predicted to come to an end by analysts at Jyske Bank.

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12 August 2013 Pound slumps lower as GBP continues to enjoy positive momentum; speed bumps ahead though

A week of packed data events could torpedo the British Pound's recent strong run against the shared currency.

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12 August 2013 What Could Drive Sterling Above 1.56?

The start of a new week sees us trying to establish the next big drivers for the British Pound; unsurprisingly the Bank of England will be key.

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12 August 2013 EUR Outlook Turns Softer; GDP Data out of Germany, France and Eurozone to be Keenly Watched

Euro exchange rates are today suffering a bout of weakness, however whether or not this weakness persists will come down to the shape of the Eurozone GDP numbers due this week.

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09 August 2013 Get Ready: US Dollar / Swiss Franc Exchange Rate Rally Forecasted at Bank of America Merrill Lynch

"US dollar basing argument remains intact. Dollar Bulls need to put USD/CHF on their radar."

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09 August 2013 EUR to Advance Gains versus US Dollar, However Losses versus Pound Likely

The Euro is strong against the US dollar on Friday and today's price action is tipped to determine next week's moves.

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09 August 2013 Aussie to Enjoy Relief Rally; But the Longer-Term Downtrend is Predicted to Remain Intact

We have witnessed a decent end to the week for the Aussie dollar despite today's dreary quarterly Statement on Monetary Policy.

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09 August 2013 Is GBP/AUD About to Crash?

A flash note on the British Pound versus Australian dollar exchange rate: We ask if the bottom is about to fall out of GBP/AUD?

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09 August 2013 Pound Boosted by UK Trade Data + Latest Forecasts for British Pound versus the Euro

The GBP has managed to consolidate its position above 1.16 following on from decent trade data while forecasts continue to favour the UK currency in the near-term.

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08 August 2013 GBP favoured over SA Rand in all time frames

The South African Rand has enjoyed a strong day of gains against sterling today in line with other commodity currencies such as the Australian dollar. The reason for the gains lie with some strong ec…

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08 August 2013 Momentum Continues to Swing Into Sterling's Favour

The short, medium and long term charts are all starting to show sterling is beginning to enjoy a return to strength against the NZ Dollar.

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08 August 2013 Continued weakness suggests scope for a larger corrective phase lower

The Euro has today been tipped to extend recent declines against the British Pound thanks to the gravity of recent declines.

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08 August 2013 Pound Sterling Retreats from 2 Year High vs Australian Dollar

The Australian dollar is higher on Thursday morning, however this strength comes courtesy of China - we will need to see some improvement in the domestic picture before AUD is able to recover fully.

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08 August 2013 EUR Higher in the Short-Term, Focus Today is on the Technicals

The Euro remains well poised on the global currency markets, however a few key resistance areas are proving troublesome for the shared currency.

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08 August 2013 Markets Price in 2015 Interest Rate Hike

Can the British Pound hold ground above 1.16 today? A renewed sense of strength behind the UK currency suggests momentum has swung back into the GBP's favour, but whether the UK currency can hold mom…

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07 August 2013 BoE Forward Guidance Announcement is Less Dovish Than Expected

It is all about the GBP part of the EUR/GBP equation today - and what a day it has been courtesy of an historic new strategy being adopted at the Bank of England.

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07 August 2013 GBP/USD Predicted to Sink to 1.45 by Year End

The long-term forecasts for GBP/USD remains unchanged at Scotiabank as today's guidance from the Bank of England does not fundamentally change the GBP/USD dynamic in the long-term. Short term outlook…

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07 August 2013 Latest Reactions to Bank of England Quarterly Inflation Report and Press Statement

We bring readers a selection of views issued following today's big event at the Bank of England.

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07 August 2013 What to Look Out For at Today's Big Event

The Euro has rallied against the Pound over the past 24 hours as investors nervously await guidance from the Bank of England. What are some of the issues we should be looking out for from a currency …

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06 August 2013 AUD Predicted to Enjoy a Bounce, NZD Outlook Improves Markedly

We take a look at the latest price action involving the Australian and New Zealand Dollars and note the near term outlook has improved over the course of the past 24 hours with the potential for a 's…

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06 August 2013 A Triple Whammy of Positive Economic News

The British Pound is currently enjoying a buoyant tone against the US currency, and forecasters are predicting this scenario to remain in place.

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06 August 2013 FX Traders Turn Wary Ahead of BoE Event-Risk

The British Pound continues to enjoy positive momentum courtesy of strong economic data releases, however the Euro has today been boosted by some strong data coming out of Germany and Italy.

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06 August 2013 German Factory Orders Surprise, Italian GDP Suggests the Worst Could be Over

The Euro is looking strong on Tuesday morning with some encouraging economic data from Germany and Italy underpinning the shared currency.

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05 August 2013 EUR Forecasted Lower by the Technical Analysts

The technical outlook for the Euro versus US dollar exchange rate at the start of the new week.

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05 August 2013 Can a Recovering Gold Price Drag the Aussie Dollar Higher?

The downtrend in AUD remains with us, but be aware that there are a number of factors that could drag the Aussie higher.

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05 August 2013 NZD-AUD Correction Lower Ahead

The New Zealand dollar is by far the worst performing currency on Monday morning; the possibility for further declines has become all the more real with the Fonterra issue proving to be a potent trig…

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05 August 2013 GBP/USD Predicted to Hit 1.5350 as Combined PMI Readings at Highest Level Since Records Began in 1998

We take a look at the latest predictions for the headline GBP/USD exchange rate following today's strong Services PMI data release.

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05 August 2013 HiFX Forecasting Further Gains as UK Economy Outperforms that of the Eurozone

More analysts are predicting an outperformance by the British Pound over its continental counterpart.

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05 August 2013 Consensus-Beating Services PMI Data, More Gains Forecasted

The British pound has powered higher in Monday morning trade thanks to another great economic data release. Some analysts are now forecasting yet further gains for GBP/EUR.

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02 August 2013 Euro Forecasted to Decline as Long-Term Barrier Comes Into View

Could we be seeing the end of a long-term rebound in the Euro/Pound exchange rate? One analysts suggests this could well be the case.

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02 August 2013 NFP Data Could Favour NZD

The New Zealand currency has headed lower through Friday morning trade largely thanks to a broad-based bid for the US dollar.

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02 August 2013 Aussie Dollar: Some Fresh Bad News to Contend With

We hear from FX Strategist Gareth Berry at UBS who says things are only getting worse for the Australian dollar (Currency:AUD).

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02 August 2013 Outlook Remains Biased Against the Aussie Currency

The Australian dollar could be at the start of a fresh leg lower, however the outlook favours volatile moves as we have some key event risks ahead.

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02 August 2013 Can Services PMI and Non-Farm Payroll Data Scupper Rally?

The technical charts are telling us that momentum favours the US dollar, however we predict volatility with two big data events dominating the outlook for GBP and USD.

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02 August 2013 Euro Exchange Rate Forecast: EUR to resume upward trend

The Pound Sterling continues to struggle against a persistently stubborn Euro, this despite the UK enjoying what is becoming a clearly superior economic recovery to that being witnessed in the Eurozo…

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01 August 2013 GBP boosted as Bank of England sounds Hawkish (by not making a sound at all)

We look at the recent good fortune experienced by the British pound sterling (Currency:GBP); particularly that emanating from the Bank of England.

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01 August 2013 EUR Flops Against Majors

Latest data out of the Eurozone manufacturing sector confirms the Eurozone economy will continue to lag the rest of the world; this is being expressed via the currency markets today.

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01 August 2013 Strong Growth in UK Manufacturing

The UK PMI figures were tipped to be the big event of the day for the UK currency, and they have not disappointed.

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31 July 2013 The Outlook in the Next 24 Hours

Latest forecast and outlook note on the EUR/GBP issued by analyst Kathleen Brooks at at Forex.com.

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31 July 2013 Flash: British Pound Sterling in 0.7 pct losses versus US Dollar - ADP and GDP numbers send USD shooting higher

The US dollar is back with a vengeance on Wednesday afternoon in London.

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31 July 2013 GBP/USD Turns Bearish, But Plenty of volatility ahead

The short-term bias for the British pound in its efforts against the US dollar has turned bearish.

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31 July 2013 Beware an increasingly busy calendar for the USD

The US dollar sees an increasingly busy calendar with today's ADP data offer the first hurdle to the Euro / Dollar exchange rate rally.

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31 July 2013 Sterling forecasted to hit 1.7 against the AUS dollar

The outlook for the Australian dollar remains challenging while the New Zealand currency has received another timely boost, this time from business confidence data.

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31 July 2013 EUR Strength Remains the Dominant Theme on Global Currency Markets

The Euro continues to hold the upper hand on global foreign currency markets ensuring the GBP/EUR exchange rate could head back to 1.14.

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30 July 2013 USD/CAD Now Looking Oversold

The CAD continues to trade in firm fashion, but the USD could be due a correction higher.

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30 July 2013 EUR forecasted to maintain advantage against the UK currency in the near-term

With no real data or event risk for sterling until Thursday at the earliest the UK currency remains at the whims of external currency drivers.

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30 July 2013 Why, when and to where to next for the AUD and NZD?

We hear from various prominent currency market commentators on the recent sell-off being experienced by the Australian dollar, and by proxy, the New Zealand dollar.

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30 July 2013 Barclays FX Analysts Forecast a US Dollar Comeback

There are reasons to expect a return to form by the US dollar in coming sessions.

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30 July 2013 Short-term Forecasts Favour the Euro

The Euro is tipped to advance against the British Pound according to the work of some short-term technical analysts, however consumer confidence data could dent any major EUR advances.

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30 July 2013 GBP/AUD at 1.7 soon?

The Australian dollar has been hit by dovish commentary from the RBA which has combined with a shock release of building approvals data to send AUD lower.

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29 July 2013 Euro Could Find Itself Stuck at 0.86 Level Against GBP for a While Yet

Are we about to see the GBP and EUR locked in stalemate around the 0.86 region for the remainder of this week?

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29 July 2013 Betting on a fall in the British Pound - CFTC reports increase in speculative positions geared against sterling

There has been an increase in the number of speculators betting on a fall in the British pound sterling (Currency:GBP) suggests the latest data from the CFTC.

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29 July 2013 Latest New Zealand dollar outlook and forecasts from Westpack Institutional Bank

We look at the latest New Zealand dollar exchange rate forecasts as issued by Westpac Institutional Bank.

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29 July 2013 Event risks for AUD rises alongside possibility of RBA rate cut

The technical outlook for the Australian dollar remains challenging and on Monday we see the AUD start to give back gains made in its recent recovery.

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29 July 2013 Will the bulls take EUR/USD to 1.33 this week?

Monday morning sees the Euro maintain a broadly positive trading bias suggesting we could possibly see 1.33 achieved this week.

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29 July 2013 Bank of England should prompt a spike in volatility

On Monday the US dollar remains on the back-foot, but all that could change come Thursday when the Bank of England grabs the spotlight once more.

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29 July 2013 Pound flat as a pancake

The outlook for the pound euro exchange rate will be heavily dictated to by central bank policy. We also note technical trading will be more important than would usually be the case.

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26 July 2013 US dollar pressured, euro sees broad support, pound sterling steady

A roundup of the key performances witnessed on the foreign exchange rate markets ahead of a busy week.

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26 July 2013 Pound nets some sly traders

Good GDP data should really have boosted GBP/EUR, instead the currency pair is remain on the cusp at 1.16.

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26 July 2013 Warnings That EUR/USD Exchange Rate is Now Peaking, Fresh Declines Ahead?

The latest views on the recent rally by the euro - are we at the top or will momentum continue to favour the shared currency?

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26 July 2013 GBP/AUD overextends

There are warning sings that the rally in the GBP/AUD exchange rate will soon run out of steam, opening the door for steady declines.

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25 July 2013 New Zealand dollar surges and gains 1.4 pct on sterling

The New Zealand dollar is the currency to beat today as currency traders now see the RBNZ as less of a threat.

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25 July 2013 GBP/USD recovers losses

Above: Eur shoots higher on back of US jobs data disapointmentThe euro, and indeed the pound sterling, have now recovered earlier losses against the US dollar following a poor economic release in the…

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25 July 2013 GBP/EUR + GBP/USD forecasted lower

In response to today's British pound losses which come in the wake of on-target GDP data, we see the GBP/EUR has been forecasted lower (EUR/GBP higher) by analysts at Trading Central:

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25 July 2013 Immediate outlook favours EUR/GBP gains to 0.8675

The British pound has been sold against the euro through the course of the morning trading session in London - we ask how far the exchange rate can sink from here.

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25 July 2013 UK GDP Growth Data at +0.6 pct: Reactions from those qualified to comment

We cut the political fluff out of commentary on today's UK economic growth figures.

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24 July 2013 Canadian Dollar Manages to Avoid Commodity Currency Sell-Off, For Now at Least

A big question for foreign exchange market participants is whether the USD/CAD exchange rate is now at oversold levels.

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24 July 2013 Australian and New Zealand dollar bear the brunt of Chinese slowdown, RBNZ decision looms

The Australian and New Zealand dollars are the whipping boys of global FX on Wednesday. Here we take a look at the factors contributing to the decline in these two commodity currencies.

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24 July 2013 Outlook remains overwhelmingly in favour of EUR

The Euro has proven dominant through Wednesday trade thanks to a stream of strong data including both German and French manufacturing PMI.

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24 July 2013 AUD/USD is a Sell with 0.9 as a target

The Australian dollar has been sold in Wednesday's foreign exchange trading session thanks to underwhelming Chinese data.

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24 July 2013 German PMI sees strong recovery

Euro dollar exchange rate rally exerts upward pressure on Euro / Pound exchange rate, however we are seeing consolidation ahead of today's US data.

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24 July 2013 EZ Advance PMI data confirms a broad-based EUR uptrend

Solid data out of the Eurozone on Wednesday morning has confirmed that the Euro is the flavour of the week - GBP-EUR is now testing a break below 1.16.

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24 July 2013 EZ PMI data beats expectations

The data calendar is quite heavy today, although mostly centred on PMI surveys across the eurozone while US housing data are expected to come in on the strong side, choppy trading is likely to contin…

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23 July 2013 Euro forecast to register strong declines over the Pound the course of next 18 months

Bank of America Merrill Lynch have today told clients that the British pound will maintain the upper hand versus the euro over the next year and a half.

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23 July 2013 Australian dollar holds recent gains as copper and gold prices head higher + China pledges to maintain growth at 7 pct

The Australian dollar edged higher on Tuesday lifted by investors demand for riskier assets.

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23 July 2013 Technical considerations gain utmost importance

The New Zealand dollar (Currency:NZD) is looking pretty good on the currency markets today, indeed on a day with little by way of currency action this is one of the only currencies on the move:

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23 July 2013 EUR at risk of fresh sell-off

The euro was supported overnight after hitting a one-month high yesterday against the greenback; today those gains are being maintained but the calendar is getting busier.

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23 July 2013 Baby boom for British pound sterling as Emirates Windsor is born

"With two bites of the cherry, investors hope the wee chap will provide double the boost to the UK economy." - Mark Deans at MoneyCorp.

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23 July 2013 BBA Mortgage approvals miss expectations

The British pound is currently in stalemate versus the shared currency; however when pressed for a prediction we note technical considerations would hand the edge to GBP.  

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22 July 2013 A milestone too far for the shared currency

The euro is seeing fresh declines against the British pound on Monday as the UK currency continues to benefit from last week's MPC minutes.

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22 July 2013 AUD outlook remains poor

The Australian dollar has staged an advance on Monday, however analysts need a significant dose of convincing before backing any significant AUD recovery.

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22 July 2013 EUR advances on broad-based USD weakness

The euro failed to break significant resistance against the US dollar last week, will the shared currency be able to take another crack this week?

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22 July 2013 But ... remain alert!

The Australian and New Zealand dollars, as well as the South African Rand, have all benefited today from robust price action in the commodity markets.

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22 July 2013 Pound Tipped to Head Higher as Royal Baby Gets Nearer… yes really!

One currency commentator has not allowed himself to be left out of Royal Baby talk this morning saying GBP-EUR could well be boosted on its arrival. However, the more sober commentators point to this…

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22 July 2013 Housing stats of utmost importance on Monday

The US dollar is the currency to watch today as analysts latch onto some all-important US housing data.

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19 July 2013 Markets hit 'the summer stall' - US dollar favoured through rest of 2013

It's been a very quiet lacklustre night of trade in the currency market as the summer stall is clearly upon us.

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19 July 2013 Aussie dollar finds solid support levels for now

Aussie dollar finds solid support levels however GBP tipped to realise further gains on interest rate cut expectations.

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19 July 2013 Profit taking at the end of a good week is possible threat

The British pound is hoping to end the week on a positive note against the euro. Early trade in London suggests this could be the case, but questions are raised about GBP-EUR in the longer term.

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19 July 2013 AUD 'in period of rest'

"AUD is weak, having trended lower during the Asian and European sessions, but still trading within its recent range."

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18 July 2013 British pound finds fresh form

We take a look at the next stage in the relationship between the pound and the euro following on from yesterday's release of the July MPC minutes.

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18 July 2013 Positive… well sort off

The US dollar continues to be prone to Bernanke-related risks; in this choppy market environment we turn to the charts to try and establish the outlook for the GBP-USD exchange rate.

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18 July 2013 pro-GBP in the short term, but further out the EUR is favoured

While the short-term may favour the pound, it is worth noting that longer term the technicals favour the euro.

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18 July 2013 British pound / New Zealand dollar to lose fresh ground in the short-term, medium-term more positive

The outlook for the New Zealand dollar against the British pound remains positive in the short term, while the medium term favours sterling.

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18 July 2013 Pound records strong recovery in wake of retail sales

The pound has recovered lost ground against the euro but continues to struggle against a persistently stubborn single currency.

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18 July 2013 EUR Tipped to Hug Trading Range Above 1.3

Analysts warn that they see little case for a sustained rebound in the euro today.

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18 July 2013 Australian dollar under renewed pressure on 'exotic payout'

The Australian dollar is under fresh pressure and it appears to be down to some interesting occurrences in the speculative and commercial side of the foreign exchange market.

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17 July 2013 EUR forecasted to correct lower, the question is how low?

The euro to pound exchange rate has been sent lower today after it was revealed that the vote against increasing QE at the Bank of England was surprisingly unanimous at 9-0.

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17 July 2013 GBP pushes higher versus US dollar, Australian dollar, Euro, South African Rand and more

The British pound has been boosted as currency traders come to terms with the likelihood of quantitative easing becoming a thing of the past.

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17 July 2013 UK unemployment and claimant count fall - What the pro's are saying

The British pound has today been boosted by news that the UK's employment situation remains robust.

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17 July 2013 UK Employment Data and Bank of England Minutes Paint a Prettier Picture of UK Economy

The British pound has enjoyed a strong recovery across the foreign exchange markets as the two main events of the day go GBP's way.

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17 July 2013 One man will dominate the FX scene today, how will FX markets react?

The testimony of Fed Chairman Ben Bernanke will clearly dominate the scene today, but the rest of the daily agenda is busy too. Nervous trading and large intraday swings are expected to prevail today…

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16 July 2013 EUR ignores concerns about German performance in the third quarter 2013

The euro is strong right across the board today and has advanced against the British pound which was sold off on the back of today's inflation data.

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16 July 2013 Outlook / Predictions for the Euro versus US dollar Exchange Rate: Euro has the upper hand

The US dollar slipped across the board overnight as investors pared exposure to the greenback ahead of key testimony by Fed Chairman Ben Bernanke tomorrow. The momentum has thus shifted onto the side…

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16 July 2013 British pound surprisingly weak in 2013, today's reaction to inflation data unwarranted

We hear from Stephen Gallo at BMO Capital Markets on today's reaction to the UK's latest inflation data.

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16 July 2013 UK inflation less than expected, German ZEW rises, Eurozone inflation in line with expectations

The pound sterling has lost ground to the euro as currency markets contend with a host of inflation figures from both the UK and Eurozone.

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16 July 2013 Inflation data, ZEW Survey key for EUR, but the bigger picture for currency markets dominated by Bernanke

Range trading still characterises currency majors ahead of Fed Chairman Ben Bernanke's testimony before Congress later this week. Hence, the busy daily agenda for today may at best exacerbate intrada…

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16 July 2013 Australian dollar is up today, but risk of further declines are 'concrete for now' warn UniCredit Bank

The Australian dollar has attracted much of today's currency market focus with investors now believing the Reserve Bank of Australia to be somewhat content with the level of the Australian currency f…

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15 July 2013 Pound / US dollar exchange rate faces upside risks in the near term say RBS

The latest viewpoints on the British pound from RBS are tipping the British pound to realise near-term gains versus the US dollar.

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15 July 2013 Rand outlook and forecasts: South African Rand is undervalued alleges prominent currency analyst

Investors currently holding 'too negative' a view on South African economy says Jyske Bank analyst Leander Dreyer.

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15 July 2013 Is the worst over for the Australian dollar?

The Australian dollar could be approaching a fairer value suggesting declines could be nearing an end.

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15 July 2013 A weak British pound lets Asian investors snatch up London property on the cheap

London property prices have today been reported to have hit all time highs.

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15 July 2013 Euro exchange rates forecasted to break lower as 2013 is forecasted to favour the US dollar

The euro is trading lower on Monday morning with one analyst forecasting sustained losses in the EUR-USD pairing for the remainder of 2013.

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15 July 2013 GBP in 'appalling' condition against the EUR

The pound sterling has managed to eke out gains against the euro in recent sessions, but GBP remains under pressure by 2013 standards.

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15 July 2013 Aussie dollar powers higher but outlook remains compromised by looming RBA decision

The Australian dollar has today taken a boost from economic news out of China; but the AUD is still a sell when encountering such rallies.

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15 July 2013 South African Rand forecasted to come under pressure this week; but ZAR is higher today thanks to China

SARB likely to invite more Rand weakness as interest rate decision looms.

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12 July 2013 British pound and euro forecasted to endure for 2-3 months of decline versus the US dollar

Both the euro and pound sterling are today forecasted to feel the wrath of a strengthening US dollar for the next couple of months at least.

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12 July 2013 'It's grim' as Australian dollar outlook deteriorates further on growing expectations of interest rate cut at RBA

More analysts are suggesting the Reserve Bank of Australia will cut rates sooner rather than later, thus hampering gains in the Australian currency.

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12 July 2013 GBP/EUR Exchange Rate Forecast: GBP Now Targeting 1.18 as Momentum Returns to the British Pound

Can the British pound maintain its recent advantage as we head into the weekend? Or will a bearish forecast by UniCredit Bank come to pass?

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11 July 2013 Flash: Australian dollar forecasted to decline versus US dollar, GBP-AUD pushes higher

A note from a prominent technical commentator suggests the Australian dollar is ripe for a decline versus the US dollar.

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11 July 2013 British pound sterling (GBP) powers higher versus US dollar, finds form versus Australian dollar, marginally higher against the euro

We take a look at the state of the four larger currencies we focus on here at Pound Sterling Live in early afternoon trade in London.

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11 July 2013 Pound manages to advance but the outlook favours the euro

The outlook for the pound euro exchange rate remains biased towards the shared currency.

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11 July 2013 Euro / Dollar skyrockets as stop loss levels are breached

A massive 'short squeeze' has seen the shared currency enjoy some solid gains against the US dollar on Thursday morning.

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11 July 2013 Why is the US dollar under pressure today?

Kathy Lien at BK Asset Management explains why the US currency is feeling the heat on Thursday morning.

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11 July 2013 Australian dollar hit by disappointing unemployment numbers as August RBA rate cut becomes more likely

The Australian dollar is finding the going tough on Thursday morning following some unhelpful unemployment figures out of the Australian economy.

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10 July 2013 Copy the Trades of Proven Winners and Increase Your Odds on the FX Markets

The eToro social trading network is the world's largest - it brings together thousands of currency traders and leverage's the power of the crowd to actually deliver success in what is a notoriously d…

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10 July 2013 Why was the euro pushed higher against the US dollar today?

BMO Capital Markets analyst Stephen Gallo gives his views on today's trade in the euro dollar exchange rate. Before we hear from Stephen we take a quick peek at the latest spot rate. The euro dollar…

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08 July 2013 Has the British pound peaked against the Australian and New Zealand dollars?

Can the British pound hope to resume 2013 gains against the Australian and New Zealand dollar's or have we witnessed this year's peaks?

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08 July 2013 Euro / Pound exchange rate gains hit resistance, but upward bias favoured ahead of UK Industrial Production data

The euro has taken a massive chunk out of sterling over the past two sessions and remains in favour; however unopposed EUR-GBP gains are unlikely owing to various resistance levels.

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23 June 2013 GBPUSD Friday Roundup

  The GBP/USD reached a daily low of 1.5367 on Friday despite the positive data from the UK showing that public sector borrowing had increased at a lower rate than expected. Economists had pr…

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20 June 2013 Nothing seems safe! Outlook for British pound, euro, Australian dollar versus the US dollar amidst all this equity market blood-letting

We consult the charts to get a feel for the likely direction of some of the majors we follow against the US dollar.

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19 June 2013 Can GBP-NZD crack 2.0? Outlook and forecast for the British pound versus the New Zealand dollar

We consult the charts to try and ascertain where the British pound is headed next against the New Zealand dollar.

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19 June 2013 Fresh attempts to retrace Tuesday's gains

The euro is under pressure in early afternoon trade in London, and the British pound has taken full advantage of this fact.

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19 June 2013 Pound, euro in the red versus the New Zealand and Australian dollars, GBP-AUD forecasted to maintain upward bias

But for now sterling can’t quite kick on and post fresh highs against the AUD.

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19 June 2013 Predictions for the British pound: GBP-USD tipped to head lower… and higher, depending on your time-frame of mind

The British pound's near to medium term direction against the US dollar has recently lost momentum. Can the pound reasert its dominance over the US dollar? This is what the pro's have to say...

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19 June 2013 GBP struggling to regain the initiative, Bank of England minutes fail to deliver a boost

The British pound is struggling to regain the initiative against the euro today; what does the outlook hold?

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19 June 2013 British pound fails to realise a boost following MPC minutes release

  The key sterling-focused event of the day has passed by without incident.

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19 June 2013 US dollar predictions: FOMC Scenarios, Changes in US Economy, US Fed predicted to lower economic forecasts

We have already heard how today is "the biggest day of the month, if not for the next several months" for global financial markets. We now hear from Kathy Lien at BK Asset Management on how today's F…

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19 June 2013 Bernanke/Poloz preview: "The biggest day of the month, if not for the next several months"

Lloyds Bank Research have already told us that Ben Bernanke faces a tough line of questioning today. Greg Anderson, Global Head of FX Strategy, BMO Capital Markets who says this may be the biggest da…

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19 June 2013 Views ahead of the Fed: Ben Bernanke to face a potentially challenging press conference

Ahead of today's key event for currencies we bring you the views of the various analysts who attempt to preempt what the Fed's Ben Bernanke and FOMC will say.

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18 June 2013 Flash: Pound / Euro exchange rate in aggressive sell-off; GBP-EUR 0.9 pct in the red, is Vodafone behind today's sell-off

The British pound has undergone significant selling pressure against the euro today.

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18 June 2013 Today's euro exchange rates: EUR forecasted lower in short and medium term; ZEW data proves supportive

Latest news, views and insights into the shared currency: Analysts see further weakness from here.

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18 June 2013 Sterling / Australian dollar: RBA wants to see the AUD shed even more blood

Another day of blood-letting for the Australian dollar as the RBA says it would consider cutting interest rates further.

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18 June 2013 Ben Bernanke will 'attempt to pour oil on the slightly turbulent financial markets'

Above: Kim Fæster Senior Economist at Jyske MarketsAs we have shown today the issue of stemming the flood of cheap money onto global financial markets is incredibly important for exchange rates. We…

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18 June 2013 South African Rand remains at high risk of global capital outflows

Why has the South African Rand fallen so sharply in 2013?

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18 June 2013 British pound under pressure as UK inflation data sends mixed messages to markets

The UK inflation releases have failed to provide any support for the British pound. We digest today's data.

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18 June 2013 UK inflation and German ZEW are good focal points for investors today

What can the keenly-watched pound to euro exchange rate expect from today.

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17 June 2013 Outlook for British pound on Tuesday the 17th of June: It's all about inflation data

Tuesday the 17th of June should see the event calendar pick up for the British pound - we have a raft of inflation data to digest.

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17 June 2013 Is the euro overvalued at current levels?

The euro is tipped to decline against the euro in the long-term; however the near-term is dominated by the risk of further euro gains.

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17 June 2013 Canadian dollar gains coming to an end?

Latest news, views and insights into the performance of the Canadian dollar.

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17 June 2013 Sterling hits lofty 4-month highs vs US dollar, but resistance arises

Can the British pound register fresh advances against the US dollar or has a strong run finally come to an end?

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17 June 2013 Pound to take a fresh crack at 1.18 against the EUR as sentiment towards the EUR turns negative

Will the GBP-EUR maintain a positive bias as we head into the new week?

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17 June 2013 Outlook for the euro turning bearish in short-term: Technicals advocating break lower to 1.311-1.305

  The euro is tipped to come under pressure with the outlook having turned bearish last week. However, we would expect trading to be constrained ahead of this week's US Federal Reserve meetin…

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14 June 2013 US Dollar strength forecasted to take global forex markets into the weekend

The U.S. dollar recovered from yesterday’s four-month trade-weighted low overnight, with investors booking profits and squaring positions ahead of the weekend.

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14 June 2013 Euro outlook is positive should ground above 0.8465 be maintained; target 0.8565

The euro pound exchange rate is struggling to gather any sustained traction, however one analyst tells us that the bias for the currency pair is higher.

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14 June 2013 EUR slips lower as European CPI and EU Employment figures fail to provide support

The euro has slipped lower in Friday trade suggesting that there will be no follow-through to the preceding four successive days of gains.

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13 June 2013 New Zealand dollar bound to be talked down: Currency Outlook and Forecasts

Greg Anderson at BMO Capital Markets tells us that the RBNZ would still like to see a lower valuation on the New Zealand currency and intervention remains a possibility.

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13 June 2013 HiFX predicting a retracement in Japanese Yen exchange rates

Retracement move could be aggressive warns analyst.

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13 June 2013 What just happened to the Japanese Yen?

The Yen has roared higher in line with a slumping Japanese equity market. We hear from Boris Schlossberg, Managing Director of FX Strategy at BK Asset Management, on why the Japanese currency has bee…

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13 June 2013 Currency bargain-hunters stock up on their Australian dollar holdings; GBP-AUD forecast down to 1.64

The Australian dollar is witnessing fresh buying interest in the wake of recent sharp declines.

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13 June 2013 Strong recovery by pound / euro exchange rate as a 'rich' euro is finally sold-off

A sharp retreat by the euro through the mid-day session in London has aided a recovery in GBP-EUR.

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13 June 2013 New Zealand dollar outlook against British pound is rangebound as the issue of currency devaluation is raised at RBNZ

The New Zealand dollar is steady today despite a broad-based equity and commodity sell-off; the RBNZ can be thanked for providing the necessary support.

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13 June 2013 US dollar strengthens versus the British pound - are the best GBP-USD rates now slipping away?

Today, the calendar is in Europe is again thin. However, the US data are very interesting with the retail sales and the jobless claims on the agenda - will further US dollar gains be realised?

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13 June 2013 Pound heads lower once again; but why? It is all about the 'carry trade' says one analyst

Why is the pound euro exchange rate being sold-off again today?

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13 June 2013 Euro exchange rate outlook remains positive: Today's market action suggests the shared currency is something akin to a safe haven

The euro remains firm on the global currency markets today - we ask what the next 24 hours have in store for the euro.

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12 June 2013 Euro pound exchange rate battles back after earlier losses

The euro to pound exchange rate is currently 0.08 pct in the red at 0.8502 in London - sterling had enjoyed strong gains against the euro following on from today's labour force data; but it appears e…

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12 June 2013 British Pound forecasts and outlook from Lloyds Bank: Gains versus EUR, losses versus USD

The British pound is tipped to enjoy a better second half of 2013 against the euro, however forecasters are suggesting the currency will likely come under pressure against the US dollar.

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12 June 2013 Euro forecasts and outlook: Lloyds Bank June exchange rate forecasts

Where to for the euro over the coming months? The economists over at Lloyds Bank Research have had a shot at predicting the next moves in the euro.

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12 June 2013 US dollar forecasts and outlook: The Lloyds Bank June exchange rate forecasts

Where is the US dollar headed in the coming months? Analysts at Lloyds Bank Research have updated their June exchange rate forecasts to shed some light on the outlook for the US dollar.

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12 June 2013 British pound boosted by good news on the employment / unemployment front - wage growth also increases

Good news for the UK economy and its currency this morning as the country's employment picture improves once more.

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11 June 2013 Outlook for the British pound on Wednesday the 11th of June

A busy day for sterling today with some supportive data from the ONS and NIESR. Tomorrow it's all about employment data.

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11 June 2013 Lloyds Bank reassert year-end forecast for euro dollar exchange rate

Lloyds Bank have today confirmed an unchanged forecast for the euro dollar exchange rate in 2013.

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11 June 2013 Canadian dollar outlook: CAD in fresh sell-off but avoids the liquidation experienced by fellow commodity currencies

The commodity and equity sector has come under renewed pressure today which has in turn seen the Canadian currency head into the red. However, the CAD has some supporters out there and the outlook …

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11 June 2013 EUR is 'remarkably robust' as it avoids Japanese inspired market sell-off

We take a look at the performance of the euro on Tuesday the 11th of May and see a currency that is standing firm as global markets sink deep into the red.

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11 June 2013 Giving up: Pound threatens to break into 1.16's once more

The British pound appears to have thrown the towel in against the euro as it continues to give up hard-earned gains made last week.

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11 June 2013 RBS forecasting 0.5 pct growth for UK economy in Q2 2013

Good news on the economic front with analysts at RBS today telling markets they are predicting the UK economy to grow 0.5 pct in 2013.

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11 June 2013 Outlook alert: Australian dollar, New Zealand dollar and South African Rand forecast to slip yet further against the pound

One of the key events on the global foreign exchange markets at present is the drubbing being experienced by the three of the most prominent commodity currencies: The Australian dollar, New Zealand d…

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10 June 2013 Outlook for the British pound on Tuesday the 11th of June: Featuring NIESR GDP estimate, UK Industrial Production, RICS House Prices

The British pound faces a more interesting day on Tuesday than was the case on Monday with a number of data releases coming on hand for investors to consider.

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10 June 2013 Flash: Sterling forecast at 1.10 versus the euro… yikes!

So you thought the pound sterling to euro exchange rate was on an inevitable recovery back to the mid 1.18's did you?

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10 June 2013 Pound in fresh advances against Australian dollar; trend lower for AUD appears to be intact

The Australian dollar (Currency:AUD) has today been negatively impacted by the latest bout of underwhelming Chinese economic data which has served to reinforce the AUD trend lower.

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10 June 2013 EUR forecasted to come under pressure today; German constitutional ruling lies ahead

The euro has been tipped to head lower against the US dollar ahead of any fresh attempts at breaking higher.

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10 June 2013 Sterling will be under pressure until later this year say CaxtonFX

The pound sterling is under pressure against the euro in Monday morning trade as investors sell the UK currency largely on the back of technical considerations.

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10 June 2013 Forex drivers: Chinese data sets the tone for the commodity currencies

The key forex drivers on Monday morning are weekend Chinese data releases; the Chinse data of course follows on from a positive outturn in the US where Friday's non-farm payrolls beat expectations.

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07 June 2013 Outlook for the British pound for the week commencing Monday the 10th of June

The UK data calendar calms down in the week commencing the 10th of June; however currency traders are offered some potential sterling-shifting events.

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07 June 2013 Canadian dollar's outlook boosted by 'gleaming' jobs report; CAD seen surging on FX market place

The Canadian dollar is powering ahead on the global foreign exchange market at present owing to an impressive job report.

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07 June 2013 US Non-Farm payrolls: What happened

Currency markets are all over the show following the release of US Non-Farm Payroll data in the US. The British pound is down sharply against the US dollar which is appearing increasingly confident.

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07 June 2013 'Goldilocks' US data sees the Euro the big winner, British pound sterling emerges as the loser

Currency markets have reacted in a hap-hazard fashion to one of the more critical US Non-Farm Payroll data releases of 2013.

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07 June 2013 US dollar faces "one of the more significant economic data points in recent history"

Will Non-Farm Payrolls Data Destroy the US Dollar's Hopes of a Happy 2013?

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07 June 2013 A barnstorming week for the British pound to US dollar exchange rate, can it continue?

The British pound has had a great week against the US dollar thus far; will today's key data release out of the UK ensure sterling closes the first week of June on the front foot?

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07 June 2013 Pound sees 1.18 vs EUR as being tantalisingly close... but yet still unattainable

The British pound has failed to realise any extension of this week's gains against the euro on Friday morning with an improvement in the UK's trade position given little notice early on.

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07 June 2013 Forecasts for the Australian and New Zealand dollar's downgraded at TD Securities

TD Securities have told clients that they have revised down their forecasts for the Australian dollar and (to a lesser extent) the New Zealand Dollar, following the upgrade of out broader USD outlook…

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06 June 2013 Long-term outlook for the British pound sterling: GBP looks 'relatively cheap' against the euro say TD Securities

Analysts at TD Securities have today updated their exchange rate forecasts which sees the pound sterling as being undervalued against the euro.

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06 June 2013 Euro forecasts: EUR outlook predicted to deteriorate towards the close of 2013

Analysts at TD Securities have today updated their exchange rate forecasts which sees the euro sliding towards the end of the year.

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06 June 2013 Euro / dollar exchange rate surges ahead but euro / pound exchange rate just won't budge

The euro has burst higher in the wake of today's European Central Bank interest rate decision and subsequent press briefing.

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06 June 2013 Australian dollar continues to be crushed on the crosses as long-term outlook for British pound over AUD improves

Today has seen the Australian dollar endure another wave of selling with the pair breaking the key 0.9500 barrier against the US dollar and hitting a multi-year low against the British pound.

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06 June 2013 British pound hits a 5-month high of 1.94 versus New Zealand dollar - fears mount that RBNZ is keeping itself busy intervening in the FX markets

The New Zealand dollar is lower against a host of currencies today as it is lumped in the same basked as the AUD. Added pressure is expected as the RBNZ is tipped to intervene in the forex market.

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06 June 2013 Euro Exchange Rate Outlook for Today: EUR biased towards the upside with ECB meeting likely to raise levels of volatility

The euro faces a testing day with the ECB interest rate decision and press conference looming large. We hear from a number of analysts who chime in with their thoughts of what today's big event will …

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06 June 2013 Australian dollar at multi-year lows against the British pound - we haven't seen this exchange rate since October 2011

The British pound has staged a fresh advance against the under-fire Australian dollar overnight, it appears that the momentum rests with the pound. However, as we note below, current levels have prov…

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06 June 2013 Outlook for GBP/EUR exchange rate is positive as we approach today's central bank decisions; GBP/EUR heads towards 1.18

Today is sees both the ECB and the Bank of England finish their latest meetings today with both unlikely to change policy this month. However; beware any surprises!

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05 June 2013 Outlook for the British pound on Thursday the 6th: BoE Asset Purchase Facility + Interest Rate Decision

The British pound sterling (Currency:GBP) has benefited from some positive data releases over the course of the first week of June with all three PMI data releases beating expectations.

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05 June 2013 Pound versus South African Rand: Technical forecasts and predictions for GBP-ZAR

We take a step back from all the fundamental currency drivers such as economic data and central bank posturing and take a look at the technical charts to try and forecast where the British pound / So…

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05 June 2013 Pound versus New Zealand Dollar: Technical forecasts and predictions for GBP-NZD

We take a step back from all the fundamental currency drivers such as economic data and central bank posturing and take a look at the technical charts to try and forecast where the British pound / Ne…

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05 June 2013 Pound versus Australian Dollar: Technical forecasts and predictions for GBP-AUD

We take a step back from all the fundamental currency drivers such as economic data and central bank posturing and take a look at the technical charts to try and forecast where the British pound / Au…

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05 June 2013 Pound versus Euro: Technical forecasts and predictions for GBP-EUR

We take a step back from all the fundamental currency drivers such as economic data and central bank posturing and take a look at the technical charts to try and forecast where the British pound / Eu…

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05 June 2013 Pound versus US dollar: Technical forecasts and predictions for GBP-USD

We take a step back from all the fundamental currency drivers such as economic data and central bank posturing and take a look at the technical charts to try and forecast where the British pound / US…

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05 June 2013 British pound jumps higher versus US dollar, euro, Australian dollar and Rand - but upside is predicted to be limited

The British pound is enjoying a day of positive trading in the wake of some affirming economic data released out of the economy today.

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05 June 2013 Alert: British pound sterling powers higher on back of eye-opening (as in good!) UK Services PMI - UK economy has "all cylinders now firing"

The British pound sterling (Currency:GBP) is on the offensive on Wednesday morning following the release of some solid economic data.

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05 June 2013 Pound powers higher as UK Services PMI data smacks expectations

The pound to euro exchange rate has gained steadily through the morning ahead of today's key PMI Services event. GBP-EUR is 0.2 pct higher on last night's close at 1.1732. UPDATE: GBP-EUR powers high…

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05 June 2013 Pound sterling surges to 1.6 versus the Australian dollar; Aussie takes 'another broadside' as GDP disappoints

The Australian dollar is feeling the heat today as a miss on economic growth numbers give forex market participants a fresh excuse to pare back exposure to the Australian currency.

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04 June 2013 British pound sterling: The outlook for tomorrow dominated by the Service Sector PMI reading

In late afternoon trade in London we see the British pound sterling (Currency:GBP) is having a good day against an under pressure Australian dollar today, however losses are seen against the euro and…

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04 June 2013 Outlook for the euro: ECB meeting and the 'nuclear' option of negative interest rates

We look at the various viewpoints ahead of the week's European Central Bank interest rate and policy meeting, and what does it all mean for the euro?

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04 June 2013 Could 0.856 and 0.858 now be in EUR-GBP crosshairs?

The euro has powered higher against the GBP in today's currency trading session; EUR-GBP is 0.15 pct up on Monday's close at 0.8547.

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04 June 2013 Australian dollar forecasted to see more woe: AUD could be pressured below 0.96 versus Dollar should GDP data disappoint

  The Australian dollar has been forecast to come under fresh selling pressure over the course of the next 24 hours provided latest GDP data fails to live up to expectations.

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04 June 2013 Pound to US dollar exchange rate outlook clouded as technical indicators suggest GBP-USD is in overbought territory

The pound to US dollar exchange rate is 0.17 pct in the red at 1.5298 at 10:24 on Tuesday; after yesterday's strong gains a pullback was due.

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04 June 2013 Outlook for the Euro rests on critical day of trading from a technical perspective + Eurozone inflation rate rises to 1.4 pct in May

The euro (Currency:EUR) has firmed up in morning trade following the release of some strong inflation data.

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04 June 2013 PMI Construction ahead of expectations GBP/EUR ticks higher, Eurozone inflation figures ahead

The pound euro exchange rate is still above the 1.17 area after heading higher into the mid 1.17-1.18 region over the course of the past 24 hours.

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03 June 2013 British Pound Sterling: The outlook for tomorrow - Featuring BRC Retail Sales Monitor, Halifax House Prices and Construction PMI

The outlook for the British Pound Sterling (Currency:GBP) promises to offer currency watchers much excitement tomorrow; the 4th of June.

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03 June 2013 Canadian dollar outlook dominated by employment data; CAD sees firm trading at start of new week

The Canadian dollar (Currency:CAD) is firm right across the board at the start of a week that presents a lot of data for Canada and the US, culminating in the employment reports for both countries.

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03 June 2013 A fresh failure to break below 0.8400

The euro pound exchange rate is 0.3 pct down on Friday night's close owing to some decent sterling strength witnessed today.

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03 June 2013 Australian dollar forecasted to gain as Jyske Bank issue a BUY recommendation on AUD-USD; parity vs US dollar forecast

The Australian dollar (Currency:AUD) is amongst the winners on the global currency markets today; the AUD was boosted by some better than expected PMI data out of China.

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03 June 2013 EUR given boost as Italy leads the way with consensus-beating Manufacturing PMI reading

The euro (Currency:EUR) is in favour versus the US dollar today courtesy of some decent data out of the Eurozone.

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03 June 2013 Pound gains forecast to be short-lived as GBP/EUR pushes into mid-1.17 on the back of good data

The pound to euro exchange rate is 0.23 pct higher at 1.1720 at 10:00 in London; driving GBP-EUR above 1.17 is today's Manufacturing PMI release which beat expectations.

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03 June 2013 Pound / US dollar exchange rate surges higher as UK Manufacturing PMI expands at fastest rate since March 2012

The pound to US dollar exchange rate has shot half a percent higher to reach 1.5277 at 9:35 in London.

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31 May 2013 The outlook for the pound sterling for the first week of June

A busy week for currency markets next week - the pound sterling is no exception.

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31 May 2013 Canadian dollar delivers a 'pasting' on forex markets - but 1.03 proves handy support for US dollar, GDP ahead of expectations

The Canadian dollar (Currency:CAD) is mixed today - however we note the US dollar is staging a slight comeback in the early afternoon session in London in an attempt to close off what hasn't been a g…

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31 May 2013 Pound sterling holds onto gains versus euro as Bank of Italy Governor Iganzio Visco hints at ECB rate cut

The euro pound exchange rate has slumped in morning trade following comments from Bank of Italy Governor Iganzio Visco.

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31 May 2013 EUR in Friday morning sell-off; long-term outlook for the euro remains negative say Jyske Bank

The euro (Currency:EUR) is under pressure today with a host of economic data events released in the Eurozone proving to be underwhelming.

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31 May 2013 GBP-EUR boosted by lending data while EUR is hit by unemployment figures but rise in inflation provides support

The pound to euro exchange rate (GBP-EUR) is 0.2 pct higher on a day-to-day basis; GBP-EUR is at 11698 at 9:55 in London.

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30 May 2013 British pound sterling outlook for Friday: GBP faces a slew of economic data releases from the Bank of England

The British pound sterling (Currency:GBP) has had a slow day on Thursday in a vacuum of data releases. This should all change tomorrow.

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30 May 2013 The mighty US dollar loses its lustre as crowded trades and poor US economic data releases bite

The US dollar is on the defensive as we head into the final sessions of May - this USD decline comes in line with equity market sell-off's and month of end currency flows.

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30 May 2013 GBP/USD is medium term bullish say Barclays

Overnight the the GBP strengthened against the USD, marginally gaining 0.01 pct, to trade at $1.5131, ahead of the Nationwide housing prices data in the UK to be released later in the day.

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30 May 2013 Eurozone business sentiment surveys ahead, all eye on industrial optimism

GBP/EUR is at 1.1698 at 8:32. 1.17 seems to be the sticking point at present.

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13 May 2013 Yen behaving badly? I personally think so!

After a positive run in the week, sterling started to weaken against its major counterparts as the UK trade report showed the current account position has deteriorated - effectively undermining the p…

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11 May 2013 GDP data for 1Q13 are scheduled for release in France, Germany and Italy next week

Next week, GDP data for 1Q13 are scheduled for release in France, Germany and Italy - this will form the key driver for the euro on the currency markets.

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11 May 2013 Pound loses ground to resurgent US dollar

Various reasons have been advanced for the broader rally in the USD yesterday afternoon (US data pointing to Fed “tapering” QE, which a well-known WSJ Fed-watcher would point out in an article or it …

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