Currency Forecasts

Category: Why has Pound gone up


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 rises against Euro, CAD and US Dollar

Sterling has risen against many major currencies over the last few days, largely due to comments from central banks. Let’s have a look at some of the most popular currency pairs that we trade. Pound/Euro breaks €1.13 We have seen…

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Sterling/Euro rises to €1.14

Pound/Euro rates have soared today as a result of the US election result. This morning the rate was down at €1.11, and at the time of writing it’s up to €1.14 which is back to where it was before the…

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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…

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Pound rises to €1.12 vs Euro

The Pound has risen today. This is not a mis-print. Sterling has actually managed to make some gains against other currencies. GBP/EUR has risen by a cent to around €1.12, the highest it’s been since the flash crash. Why has…

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