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Pound Rockets Against Turkish Lira (GBP/TRY), Higher Against Canadian Dollar and Swiss Franc (GBP/CAD, GBP/CHF)
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Pound Rockets Against Turkish Lira (GBP/TRY), Higher Against Canadian Dollar and Swiss Franc (GBP/CAD, GBP/CHF)

The Pound to Swiss Franc (GBP/CHF) and Sterling to Canadian Dollar (GBP/CAD) exchange rates have been trending higher in Tuesday’s trading, while the Pound has rocketed against the Turkish Lira (GBP/TRY). Canadian Dollar (CAD) Exchange Rate Reacts to Oil Prices and NAFTA Comments Yesterday, oil prices tracked lower and the Canadian Dollar followed, weakening against...

Pound Sterling to US Dollar (GBP/USD) Exchange Rate Forecast
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Pound Sterling to US Dollar (GBP/USD) Exchange Rate Forecast

The Pound Sterling to US Dollar (GBP/USD) exchange rate has been trending at levels of 1.31 and 1.32 so far this week, but there are plenty of major events left to take place which could see the GBP/USD currency pair fluctuate. Bank of England Speech and Federal Reserve Minutes Ahead The biggest event for Sterling...

Pound Exchange Rate Sinks to 1.30 against US Dollar (GBP/USD) on BoE Debt Concerns
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Pound Exchange Rate Sinks to 1.30 against US Dollar (GBP/USD) on BoE Debt Concerns

The Pound exchange rate began Thursday falling against the US Dollar (GBP/USD) and Euro (GBP/EUR), reaching levels of 1.3066 and 1.1313 respectively. The Sterling exchange rate fell when one a Bank of England (BoE) policymaker, Jon Cunliffe, stated that the central bank was concerned about household debt.  Cunliffe said household debt is: ‘quite high by...

Pound Softens against US Dollar (GBP/USD) as Brexit Concerns Markets; GBP/INR, GBP/TRY in Focus
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Pound Softens against US Dollar (GBP/USD) as Brexit Concerns Markets; GBP/INR, GBP/TRY in Focus

The Pound began the session climbing against the US Dollar (GBP/USD) as US trade concerns rose. Healthy UK services data helped Sterling on Wednesday too, with the GBP/USD exchange rate rising by around 0.6% and outperforming other G10 majors. However, as the session went on, Brexit concerns weighed on Sterling, creating Pound losses across the...

Canadian Dollar Forecast: Inflation Slips, Oil Predicted to Fall Again
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Canadian Dollar Forecast: Inflation Slips, Oil Predicted to Fall Again

The Canadian Dollar to Pound (CAD/GBP) exchange rate has been in a tight range today after Canadian ecostats were mixed and investors waited for more news on Brexit. Canadian Retail Sales and Inflation Data Prints The Canadian Dollar lost some ground to the Pound on Friday after the Canadian Consumer Price Index fell on the...

Pound Exchange Rate Forecast: GBP/EUR, GBP/CAD, GBP/AUD Climbing
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Pound Exchange Rate Forecast: GBP/EUR, GBP/CAD, GBP/AUD Climbing

The Pound had a poor start to Tuesday, but began to perk up slightly and limit losses as the session went on. At the time of writing, the Pound to Euro (GBP/EUR), Pound to Canadian Dollar (GBP/CAD) and Pound to Australian Dollar (GBP/AUD) exchange rates are all trending higher. Pound Offered Little Support as UK...

GBP/NZD Climbs ahead of New Zealand Inflation, GBP/AUD in Tight Range Before Labour Data
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GBP/NZD Climbs ahead of New Zealand Inflation, GBP/AUD in Tight Range Before Labour Data

The Pound advanced against the New Zealand Dollar (GBP/NZD) on Tuesday while remained in a tight range against the Kiwi’s close counterpart, the Australian Dollar (GBP/AUD). Sterling’s strength has been continuing on the back of hopes of UK interest rate rises and data appearing in markets today showing the UK Unemployment rate his hit a...