Currency Forecasts

Category: Sterling Euro Forecast

Pound remains supported by robust economic data

Good morning. Sterling is still holding firm, and is currently sitting at a 1 month high vs the Euro, and nearly a 2 month high vs the US Dollar. As outlined in recent posts, it’s mainly due to some surprisingly…

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China trade figures push GBP/EUR higher

Pound/Euro rates are up to €1.26 today, and the reason for this is weakness in the single currency. This morning we saw some very decent Chinese trade data, and this indicates that their economy may finally be stabilising. This has…

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Pound gains more than 1%, but will it last?

It’s been a pretty good start to the week for the Pound, rising a little over 1% against both the Euro and the US Dollar. First thing on Monday morning, Sterling was trading at a 2 year low against a…

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Sterling stages recovery against Euro

Sterling has continued to recover against other currencies today, including a decent rise against the Euros. A few days ago rates were down at €1.29, but today have peaked at €1.3265 before settling back down in the low €1.32’s: Financial…

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Pound drops below €1.30 and could continue falling

Sterling has continued to fall against other major currencies, and has fallen nearly 10% against the Euro and US Dollar since last year. We have now seen the GBP/EUR rate touch €1.29, and this pair has now fallen through the…

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