Currency Forecasts

Category: Dollar


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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Pound/Dollar rates up to 1.33

Pound/Dollar exchange rates have seen somewhat of a rally in the last few weeks with the pound having rallied just under 4% since mid February. This has pushed sterling to its highest level against the greenback since June 2018. This…

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GBP Forecast – will we see a rate hike in August?

Bank of England

As forecast by my colleague Alastair rates have pushed back through the 1.14 level today following the latest Bank of England interest rate meeting. As expected, the central bank held its key base rate on hold at 0.5% but it…

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Leaked Government Brexit analysis stops sterling in its tracks

Yesterdays leaked  Government document surrounding Brexit suggested that in every scenario the UK will be in a worse off position. In the document released on website Buzzfeed, it suggested the UK growth could be as much as 8% worse off…

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The week ahead for Sterling exchange rates

True to recent form, the Pound fell towards the end of last week, dropping from an 18 month high against the USD and from a 7 month high against the Euro. Given the strong run Sterling has had recently, it’s…

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