Currency Forecasts

Category: Currency Exchange

GBP/EUR rises to €1.1940 on softer Brexit hint

Today we have seen the Pound surge higher against the Euro and other currencies, after the Brexit Secretary David Davis hinted that they may consider paying in to the EU budget in order to secure access to the single market….

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Pound/Euro rises above €1.18

Investors have continued to take the Pound higher today, with the Pound/Euro level now above €1.18. That’s nearly 8 cents higher from the lows of €1.1050 earlier this month. The markets have taken the autumn statement positively for the UK,…

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Contrasting UK and EU economies

Super Mario causes brief dip in GBP/EUR rates  Yesterday the European Central Bank (ECB) kept their interest rates on hold and their stimulus programme unchanged, but comments in the press conference afterwards caused a brief strengthening of the single currency….

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Will the Pound keep falling against the Euro?

Pound/Euro rates continue to fall, and as you can see from the chart below, in just 1 month, the pair has now fallen from €1.42 to €1.32, seriously affecting any clients that need to buy Euros. The chart below outlines…

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Pound/Euro €1.20 Pound/Dollar $1.65 (Support & Resistance)

Thursday 20th March 2014 Things have settled down in the currency markets after the economic data released yesterday. Pound/Euro is at €1.20, and I don’t expect it to go higher in the short term. Pound/Dollar has dropped to $1.65.  Today I’ll…

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