Month: March 2018

Home 2018 March
Pound (GBP), Canadian Dollar (CAD), US Dollar (USD), Euro (EUR), Exchange Rate Forecast
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Pound (GBP), Canadian Dollar (CAD), US Dollar (USD), Euro (EUR), Exchange Rate Forecast

Pound Sterling (GBP) Exchange Rate Forecast to Fluctuate on Mortgage Data The Pound could be in for some movement today with the release of the latest UK Net Consumer Credit, Mortgage Approvals, and Net Lending Secured on Dwellings ecostats. Additionally, the final Q4 Gross Domestic Product (GDP) figures are due out which could cause movement...

Pound Euro, Pound US Dollar, and Pound Rand Exchange Rates Fall
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Pound Euro, Pound US Dollar, and Pound Rand Exchange Rates Fall

The Pound exchange rate had a bad start to Tuesday when it retraced some of its gains against the euro (GBP/EUR), US Dollar (GBP/USD), and South African Rand (GBP/ZAR). Monday’s trading had seen the British currency climb against the US Dollar and Euro as Sterling strength swept across the board on hopes for a soft...

Pound Exchange Rate Higher (GBP/EUR, GBP/AUD, GBP/NZD) as UK Inflation Falls – GBP/USD Softens
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Pound Exchange Rate Higher (GBP/EUR, GBP/AUD, GBP/NZD) as UK Inflation Falls – GBP/USD Softens

The Pound exchange rate continued to climb higher in Tuesday’s European session, making gains against the Euro (GBP/EUR), US Dollar (GBP/USD), Australian Dollar (GBP/AUD) and New Zealand Dollar (GBP/NZD). Brexit transition deal progress buoyed sterling, and latest ecostats showed a drop in the UK’s inflation level, meaning households are better off.  Update: As Tuesday’s session...

Pound Euro (GBP/EUR) Exchange Rate Climbs on Praet Inflation, Turkish Lira (TRY) Falls
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Pound Euro (GBP/EUR) Exchange Rate Climbs on Praet Inflation, Turkish Lira (TRY) Falls

The Pound to Euro (GBP/EUR) exchange rate climbed by around +0.40% in the afternoon of Friday’s European trading after the European Central Bank’s (ECB) Peter Praet commented on inflation and ecostats showed the currency bloc’s consumer price index had fallen from 1.3% to 1.2% in February. The ECB’s Chief Economist, Peter Praet, commented on unexpected...

GBP/NZD, GBP/CAD, GBP/USD Exchange Rate Forecast: NZ GDP, US Retail Sales
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GBP/NZD, GBP/CAD, GBP/USD Exchange Rate Forecast: NZ GDP, US Retail Sales

The Pound to US Dollar (GBP/USD), Pound to Canadian Dollar (GBP/CAD), and Pound to New Zealand (GBP/NZD) exchange rates were trending lower in Wednesday’s European session. The Pound was buoyant yesterday after Phillip Hammond’s Spring Statement which gave positively revised growth forecasts for 2018 and said UK inflation would come back to target and boost...

GBP/EUR Exchange Rate Climbs 0.35% on Brexit Ahead of Philip Hammond’s Spring Statement
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GBP/EUR Exchange Rate Climbs 0.35% on Brexit Ahead of Philip Hammond’s Spring Statement

The Pound to Euro (GBP/EUR) exchange rate was trending higher at the start of Tuesday’s European trading as investors awaited the Spring Statement delivered by Chancellor to the Exchequer, Philip Hammond. Hammond’s Spring Statement – What to Look For The November economic growth outlook was less than inspiring, with growth in 2018 forecast to reach...