Currency Forecasts

Category: Currency


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…

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The week ahead for GBP exchange rates

Good morning. Last week the Pound fell further against the Euro, as it became clear that a Brexit deal would not be agreed any time soon. To be honest the GBP/EUR rate probably would have fallen further if it were…

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Sterling moving higher ahead of Brexit vote

Today MPs are taking part in a debate ahead of a Brexit vote tomorrow. Specifically, they are voting on amendments by the house of Lords that want to make changes to the Brexit withdrawal bill. It was looking like perhaps the…

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Key Brexit Dates: How could this affect GBP/EUR?

Once again sterling has had a relatively quiet week against the Euro. Could this change next week? Below, courtesy of the BBC, you can see an extensive timeline of key dates regarding on-going Brexit negotiations. With the pound falling yesterday following…

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Pound/Euro rises by 0.5% after strong UK Services data

Pound/Euro rates have recovered by half a point this morning. The gains have reversed the fall into the €1.13’s that we saw yesterday. Yesterday’s drop came after some poor manufacturing numbers. However this morning, rates have picked back up again into the mid €1.14’s. This…

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