Currency Forecasts

Category: Bank of England minutes

Pound falls after poor UK Retail Sales.

Thursday 19th September 2013Good afternoon. Since my last post, we’ve seen quite a bit of volatility in the currency markets. I mentioned a few days ago that the markets had been flat, and that I predicted the Bank of England…

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Pound remains at €1.19 vs Euro, near 8 month high

Tuesday 17th September 2013 Good afternoon. Sterling remains strong, however has failed to rise significantly above the €1.19 level against the Euro. GBP/EUR rates remain around the best since January. The Pound has however hit an 8 month high against the…

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Pound/Euro at 2 month high following unemployment figures

Wednesday 14th August 2013 Good afternoon everyone. Since my last post, Sterling has continued to make gains, helped by strong unemployment figures this morning. In today’s report I’ll have a look at this which has caused the gains for the Pound,…

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Pound/Euro falls after BoE MPC vote. Will GBP/EUR keep falling?

Wednesday 20th February 2013  Good morning. Sterling has dropped again dramatically this morning, after The Bank of England released the minutes to its latest Monetary Policy Committee meeting, showing that some members voted for more Quantitative Easing. In today’s post…

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Pound/Euro & Pound/Dollar forecast outlook

Wednesday 29th September 2012Good morning everybody. Today I’m posting a quick mid-week update on what’s been happening with exchange rates, and what may happen in the coming days and weeks. The Pound has recovered a little against the Euro, but…

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