Currency Forecasts

Category: Brexit effect on GBP/EUR


Pound remains supported amid Brexit uncertainty

As I’m sure our readers will know, Parliament voted against Theresa May’s Brexit deal. This was not a surprise as the day went on yesterday, it became clear that the DUP and ERG would not vote through the deal. Tuesday…

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UK employment data helps the Pound

UK Jobs data sends Pound up

This morning UK employment and wage growth data was released, and the numbers have helped the Pound rise. GBP/EUR is at €1.1370 and GBP/USD is at $.2915. Most of the employment data was roughly as expected. 2 measures beat forecasts…

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Pound and Euro weak, USD strong

UK and EU flag

Good morning. The Pound weakened yesterday as the rollercoaster of Brexit negotiations continue. One minute a deal is imminent and the Pound rises, then other comments surface that cast doubt on a deal being agreed this week, and the Pound…

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Pound volatile on Brexit uncertainty

What goes up, must come down. That’s what’s happened to Sterling over the last few days, but we are seeing a slight recovery as we progress through the day. Last week was a very good one for the Pound. We…

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What could move exchange rates this week?

Exchange Rates

Good morning. In today’s post we’ll take a look at the week ahead at what could move exchange rates. This will include economic data releases and political events that could affect Sterling exchange rates. It’s quite a busy week in…

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