Currency Forecasts

Category: Currency Exchange


Pound remains supported

The Pound remains supported, and is holding up surprisingly well, given the political uncertainty the UK currently faces. The speaker John Bercow yesterday said that the PM could not bring her deal back for a third vote as has been…

Read More

Could we be close to a Brexit deal?

Sterling exchange rates have rallied overnight as it appears that concessions could be made between the UK and EU in the hope to get Prime Minister Theresa May’s deal through parliament. MP’s will vote this evening on Mrs May’s Brexit…

Read More

Sterling falls on signs of slowing economy

It looks like the Pound’s rally has finally run out of steam. A significant rise throughout the year so far has seen GBP/EUR rates reach as high as €1.17+ which is the best we have seen in over 21 months….

Read More

Pound/Euro remains supported despite Brexit uncertainty

Pound/Euro rates remain supported above €1.14. To some, this is a surprise given the recent run of disappointing UK data. In the last week we have seen: GDP figures lower than expected, growth forecasts downgraded, and dire warnings from the BoE…

Read More

Pound/Euro near 2 year high

Pound/Euro near 2 year high – We have seen the Pound go from strength to strength over the last few weeks, rising from a low of €1.10, reaching a high of €1.16 overnight before dropping back away. Why has the…

Read More