Currency Forecasts

Category: 2017 FX


Pound/Euro hits €1.13 on Brexit optimism and Euro weakness

Pound/Euro rates have risen today to €1.13, however the pair seems to be hitting resistance at this level. It’s politics driving the Sterling/Euro pair, with the Pound managing to make some gains due to the Brexit bill offer made by…

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How will BoE Interest rate rise affect Sterling?

Sterling remains supported against both the Euro and the US Dollar ahead of this week’s interest rate decision from the Bank of England. GBP/EUR in particular has also continued to be supported by the fact the Euro is weaker due…

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Pound/Euro and Pound/Dollar forecast May 2017

Sterling This morning UK GDP figures were released and were expected to come in at +0.3% and they came in just below at 0.2%. As the figure didn’t impress or beat forecasts it has sent the Pound a little lower…

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This weeks data releases and events that could affect Sterling exchange rates

Good morning. It’s been an interesting start to the year for Pound/Euro exchange rates. As you can see from the chart below as the year got underway, the Pound came under pressure due to ongoing ‘Brexit’ uncertainty. However, once Theresa…

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