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The British pound (GBP) is forecast to enjoy a bullish run against the euro in the long-term thanks to widening interest rate differentials between the UK and Eurozone.
June 12,2014
The pound euro exchange rate faces an important session on Thursday while the pound dollar rate will see increased volatility on Friday.
June 6,2014
Above: The pound euro exchange rate shot higher after the ECB announced it is cutting the refinancing rate to 0.15% from 0.25%.
The British pound (GBP) exchange rate complex is one of the better performers in global FX as economic data releases continue to make the UK unit a preffered destination. We saw this play out Thursday when the ECB announced an interest rate cut.
For the sterling dollar rate Friday's US Non-Farm payroll release becomes the central theme. A look at the exchange rate markets on Friday shows:
June 6,2014
Today's exchange rate market place remains confined to recent ranges with the UK's sterling suffering a lack of interest.
May 24,2014
The best GBP exchange rates of 2014 are falling well out of reach on Wednesday as sterling is hammered.
May 14,2014
The British pound (GBP) is under pressure ahead of the Bank of England QIR, but interest rate yields suggest upside potential ahead.
May 14,2014
The outlook for the pound sterling (GBP) suggests recent losses may have ended. For today, the exchange rate complex is predicted to be steady after a poor Friday session.
May 14,2014
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