Currency Forecasts

Category: Dollar to strengthen


Draghi comments help Euro/US dollar through 0.89

Euros

This afternoon Euro exchange rates have fallen heavily against both the pound and US dollar following comments made by European Central Bank (ECB) Governor Mario Draghi. At the central banks latest meeting the ECB hinted that interest rates in the…

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Volatility in Turkey pushes GBP/USD to a 12 month low

This week has continued to see some significant volatility in the money markets with events in Turkey the main catalyst. With sanctions being imposed on Turkey by Donald Trump and his US government over Turkey’s refusal to release a US…

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Sterling recovers slightly but may drop in the coming days

GBP/EUR rates recovered back above €1.15 this morning before dropping back away slightly. The move upwards was partly due to the fact that polls show that if another Scottish referendum were to be held, at the moment even more would…

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