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Exchange Rate Forecasts

GBP to DKK Forecasts

The Pound has made slight gains against the Danish Krone recently, but the pairing could experience volatility in the near future. The latest Danish news has proven disappointing, showing slowing levels of production and a shift closer to a trade deficit. Last week, the Pound fell notably against the Krone, starting at an initial rate [...]

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The British Pound to Danish Krone exchange rate fell from its Wednesday highs as investors sold the Pound off ahead of the day’s Bank of England (BoE) meeting. After the meeting, GBP/DKK’s losses were extended and the pair dropped to the level of 8.66. The Pound had previously surged on Wednesday as January’s UK manufacturing [...]

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A number of high-profile developments have helped the GBP DKK exchange rate recover from a near ten-week low to a two-week high of 8.66. GBP DKK saw a strong recovery over the past seven days after Theresa May delivered her key speech on Brexit. Many of the negatives were already known – such as that [...]

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The Pound (GBP) steadily rose against the Danish Krone (DKK) this morning as the chief of a leading bank forecast that the institution would remain in the UK after ‘Brexit’. The Pound saw an uptick this morning as Barclays chief executive Jes Staley said in an interview that he was confident that London would retain [...]

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The Pound to Danish Krone exchange rate surged on Tuesday as UK data boosted the Pound while the Krone was weakened by long-term Eurozone concerns due to the Krone being pegged to the Euro. This is despite this week’s Eurozone and Danish ecostats being largely optimistic. GBP/DKK trended above 8.77 at the time of writing. [...]

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It’s been a rugged advance for the GBP/DKK exchange rate over the past seven days, although Pound Sterling now looks on track to close not much higher than the week’s opening levels. Donald Trump’s victory in the US elections could have serious consequences for Denmark’s economy; a prospect that has kept the Danish Krone edging [...]

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The GBP DKK exchange rate was able to record a notable gain on Tuesday thanks to a positive response to UK inflation rate data, despite underlying ‘Brexit’ concerns. The Danish Krone has been middling overall, owing to a severe data shortage and recent fluctuations in the price of crude oil. The Pound gradually appreciated against the [...]

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Ahead of the weekend the Pound to Danish Krone exchange rate saw a sharp plunge, brought about during Friday’s Asian session by an apparent fat finger trade. This saw Sterling slump markedly across the board in a matter of minutes, although it was able to rebound away from its lows relatively quickly. Investors were naturally [...]

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GBP/DKK Exchange Rate Slips as UK Fails to Impress

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Date: September 29th, 2016.

The Pound to Danish Krone exchange rate trended a little lower on Thursday morning, halting its attempts to reach last week’s levels. A lack of supportive UK data limited recovery attempts to 8.65 GBP DKK, and on Thursday morning the pair slipped to around 8.6350. Sterling has been attempting to recover from near its worst [...]

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The Pound Danish Krone exchange rate has rallied spectacularly today on the news that the Bank of England will not be slashing its benchmark rate this month. Previously ramping down from the early week political relief rally, Sterling found support even before the Bank of England’s (BoE) announcement as recently appointed Chancellor of the Exchequer [...]

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