Currency Forecasts

Category: Pound rises against Euro


Pound/Euro near 2 year high

Pound/Euro near 2 year high – We have seen the Pound go from strength to strength over the last few weeks, rising from a low of €1.10, reaching a high of €1.16 overnight before dropping back away. Why has the…

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GBP/EUR rises to €1.1350 after Services data

SterlingEuroForecast

Good morning. We’ve seen the UK currency rebound this morning. I mentioned in yesterday’s post that we would see the latest UK services data today. This was released at 09:30am and was better than forecast. The number came in at…

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GBP/EUR hits 1 month high of €1.17

Sterling had a very good day yesterday following the invocation of Article 50. We saw GBP/EUR rates touch €1.1700 overnight before dropping back into the mid €1.16’s this morning. GBP/USD rose to $1.25. That’s a 1 month high for buying…

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