Currency News: UK Daily Forex News, Exchange Rate Forecast, …
WEBRBC Capital Markets (RBC) forecasts that the Pound to Euro (GBP/EUR) exchange rate will weaken gradually to 1.1240 on a 12-month view. In contrast, Barclays expects GBP/EUR to strengthen to 1.25. GBP/EUR was held in relatively tight ranges during the week and settled just above 1.1850. Barclays is positive on the UK outlook; “Demand ...
Pound to Dollar Rate Forecast for Next Week: 1.33 but 2024 …
WEB22 hours ago · Foreign exchange analysts at HSBC are forecasting GBP/USD to weaken to 1.25 by September 2025. Structural and cyclical developments will be crucial for the GBP/USD performance. Interest rate decisions have dominated markets during the week and GBP/USD hit 30-month highs above 1.33. The Federal Reserve cut interest rates by 50 basis points to 5. ...
Pound to Euro Forecast for Week Ahead: 1.20 in Sights as BoE …
WEB22 hours ago · STORY LINK Pound to Euro Forecast for Week Ahead: 1.20 in Sights as BoE Caution Prevails. Rabobank forecasts that the Pound to Euro (GBP/EUR) exchange rate will strengthen to 1.2050 on a 6-month view. Nomura sees scope for short-term Pound gains but with the risk of a significant retreat to 1.1630 by the end of 2024.
Pound Euro Exchange Rate News: GBP/EUR Firms as UK Inflation …
WEB4 days ago · STORY LINK Pound Euro Exchange Rate News: GBP/EUR Firms as UK Inflation Remains Elevated. The Pound to Euro (GBP/EUR) exchange rate rebounded on Wednesday, as markets digested the UK’s latest consumer price index. At the time of writing, GBP/EUR was hovering around €1.1872, marking a roughly 0.3% increase from the day's opening figures.
Daily Currency Updates | Currency News UK
WEBDec 20, 2023 · STORY LINK Euro to Dollar Rate: EURUSD Retreats as Fed’s Powell Maintains Hawkish Stance. Hawkish Fed rhetoric pulled the Euro (EUR) lower against the US Dollar (USD) on Thursday and CIBC expects the currency pair will weaken further to 1.03 at the end of 2023. At the time of writing, the Euro to Dollar exchange rate (EUR/USD) traded at 1.06699.
Currency News: UK daily forex news and forecasts
WEBThe Pound US Dollar (GBP/USD) exchange rate climbed higher on Wednesday, driven by disappointing US employment data. At the time of writing, GBP/USD was trading around $1.3156, marking an approximate 0.3% increase from the day’s opening levels. The US Dollar (USD) slumped on Wednesday following the …
Transatlantic Interest Rate Debate Dominates the Pound, GBP/USD …
WEB4 days ago · September 19, 2024 - Written by David Woodsmith. STORY LINK Transatlantic Interest Rate Debate Dominates the Pound, GBP/USD Jumps. The British Pound (GBP) posted gains after the latest UK inflation data with a Bank of England rate cuts seen as even less likely this week. The Pound to Dollar (GBP/USD) exchange rate touched 1.3200 from 1.3160.
UK inflation Data Sparks Pound to Dollar Exchange Rate Gains
WEB4 days ago · The Pound US Dollar (GBP/USD) exchange ticked up on Wednesday following the publication of the UK’s latest inflation data. At the time of writing, GBP/USD was trading at approximately $1.3214 up roughly 0.4% from the start of Wednesday’s session. The pound (GBP) strengthened against most of its rivals on Wednesday, bolstered by the UK's ...
Currency Predictions | Currency News UK
WEB20 Dec 2023 at 5 PM - Written by Frank Davies. STORY LINK Euro to Dollar Outlook 2024: HSBC Now Predicts Above 1.10. The Euro to Dollar exchange rate (EUR/USD) has been held below 1.10, but found support below 1.0900 on Monday and advanced to 1.0935 on Tuesday with relatively narrow ranges prevailing.
Pound Dollar forecast - GBP USD - Currency News
WEBSep 13, 2024 · STORY LINK Pound to Dollar Exchange Rate Forecast: Big Moves Ahead, Fed and BoE Decision Time. Barclays expects that the Pound to Dollar (GBP/USD) exchange rate will strengthen to 1.35 in the second quarter of 2025 due to Pound strength. Goldman Sachs, however, expects GBP/USD will weaken to 1.27 on a 6-month view due to dollar resilience.
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