Currency Forecasts

Category: effect on Pound/Euro


Pound remains supported amid Brexit uncertainty

As I’m sure our readers will know, Parliament voted against Theresa May’s Brexit deal. This was not a surprise as the day went on yesterday, it became clear that the DUP and ERG would not vote through the deal. Tuesday…

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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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Pound/Euro hits €1.2050 before dropping back to €1.19

Pound/Euro rates hit €1.2050 overnight after Italy lost the referendum and their Prime Minister Matteo Renzi resigned. It didn’t last long however and rates have since come back down to below where they were last week, just below €1.19: What…

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