Currency Forecasts

Category: Sterling Euro Forecast


Pound/Euro remains at 1 month high

The Pound is still doing pretty well following the triggering of Article 50 last week. Now that the process has started, it’s a classic case of ‘sell the rumour, buy the fact’. Sterling had been weakened significantly during the last…

Read More

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…

Read More

Pound nears €1.13 as BoE raises UK growth forecasts

In an update to my earlier post, Sterling has gained further and for the time being seems to have held on to those gains. Following this morning’s ruling that parliament will have a vote on triggering Article 50, the BoE…

Read More

Will the Pound keep dropping against the Euro?

The Pound is continuing to fall today against the Euro today, despite a brief spike last night on the news that Mark Carney would slightly extend his term and step down after the 2 year Brexit negotiation period has ended….

Read More

GBP/EUR falls further into the €1.17’s

Sterling/Euro exchange rates have taken another hit today, falling down to the €1.17’s, but this time it’s a strengthening Euro that has caused the drop. Here’s this week’s GBP/EUR graph: European Central Bank (ECB) strengthens the Euro Earlier, the ECB…

Read More