Currency Forecasts

Category: Sterling/Euro


Sterling falls on signs of slowing economy

It looks like the Pound’s rally has finally run out of steam. A significant rise throughout the year so far has seen GBP/EUR rates reach as high as €1.17+ which is the best we have seen in over 21 months….

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Pound/Euro at 2 month high

The Pound/Euro rate is at a 2 month high today, following the government succeeding in winning the vote of no confidence last night, as was widely expected to happen. Sterling has been getting stronger and stronger over the last week,…

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Sterling recovers slightly on BoE comments

Sterling found a little much-needed support today, on speculation that maybe the Bank of England will raise rates soon after all. There’s been a little uncertainty recently, with some members of the MPC wanting to raise rates, and other wanting…

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Brexit talks cause volatility for the Pound.

It’s been an interesting Monday for the Pound, with exchange rates proving to be very volatile due to Brexit talks and rumours of a deal. This morning, there was talk that a deal was going to be announced, and Sterling/Euro…

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Strong UK data supports the Pound

Strong UK data supports the Pound Sterling has risen both yesterday and today following some robust UK data that increases the chance of interest rates going up. Firstly, the Office for National Statistics revised up Friday’s UK jobs numbers, after…

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