Commodity market report
United Kingdom exchange rate outlook Q2 2015
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Report summary
A strengthening British economy and expectations of interest rate tightening underpinned a strong GBP through the first half of 2014. However, since hitting a 6 year high against the dollar in July 2014, the GBP has tumbled 9% against the US dollar. In the short-term the GBP is expected to depreciate modestly, before appreciating in 2016 and 2017.
What's included
This report contains
Table of contents
- Executive summary
Tables and charts
This report includes 7 images and tables including:
Images
- USD per GBP: Nominal Exchange Rate
- GBP Real Trade Weighted Exchange Rate Index
- UK Quarterly Current Account Balance
- Inflation
- Official Policy Interest Rates
- 10 Year Government Bond Yields
Tables
- Exchange rate forecasts
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