Currency Forecasts

Category: Pound Sterling Outlook


MP’s to vote on Brexit: What could happen to Pound exchange rates?

Once again we find ourselves in limbo as far as exchange rates are concerned until we have further clarity regarding Brexit. We are expecting MP’s to vote for a third time this week on Prime Minister Theresa May’s Brexit deal….

Read More

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…

Read More

Getting the best exchange rates

Pound surges higher against Euro and US Dollar The Pound has surged this week, rising to €1.15 vs the Euro and above $1.30 against the US Dollar. There are 2 reasons for the gains we have seen for Sterling. The…

Read More

Pound steadies as May wins confidence vote; what next for Sterling?

GBPEUR

Good morning. After a tumultuous week for UK politics, Theresa May has won the vote of confidence, and the currency markets have settled down somewhat. Sterling hasn’t surged on the result, but has steadied a little from the lows we…

Read More

Sterling moves higher on Services data

The Pound has risen this morning after better than expected UK Services Data. The number was better than the last release, and also beat analysts forecasts coming in at 55.00 showing expansion in the sector. Services dominate the UK economy,…

Read More