Currency Forecasts

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Draghi comments help Euro/US dollar through 0.89


This afternoon Euro exchange rates have fallen heavily against both the pound and US dollar following comments made by European Central Bank (ECB) Governor Mario Draghi. At the central banks latest meeting the ECB hinted that interest rates in the…

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Pound/Euro surges to €1.16


Pound/Euro surges to €1.16, best in almost 2 years This morning we have seen Sterling/Euro rise to the highest level in nearly 2 years. The reason the Pound has gone up is news that the Brexit process could be delayed,…

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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…

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Pound Rises on Retail Sales data

Retail Sales

Retail Sales better than expected The Pound has recovered most of yesterday’s losses after stronger than expected Retail Sales number were released this morning. The markets had only been expecting a small rise of 0.2%, but the actual number came…

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Pound exchange rates fall on Brexit woes

Pound exchange rates have fallen sharply today following rumours that the European Research Group (ERG) will vote against Prime Minister Theresa May’s Brexit proposal tonight. MPs will vote later on whether they still support the government’s approach that they backed…

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