Currency Forecasts

Category: Bank of England


Employment figures help push GBP/EUR back towards 1.14

As my colleague Alastair alluded to in his post of yesterday, today’s employment data has given sterling a small boost against the Euro with levels pushing from a low of 1.1335 to peak just shy of 1.14.

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Sterling falters as interest rates held at 0.5%

Today Bank of  England (BofE) Governor and his Monetary Police Committee (MPC) members decided to keep interest rates on hold at 0.5%. As my colleague Alastair suggested in his post earlier this week sterling has fallen against all major currencies as…

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Sterling pushes back through 1.15

Sterling has pushed back through the 1.15 level against the euro following comments made my European Central Bank (ECB) head Mario Draghi. During his speech Draghi reiterated that interest rates will remain unchanged well until after their bond buying programme…

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Sterling exchange rates fall following Mark Carney’s comments

Sterling exchange rates fell sharply following comments from the Bank of England Governor Mark Carney yesterday.

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Pound moves higher on softening of EU approach to Brexit

We’ve seen a slight spike in Pound/Euro rates this morning to €1.1350, which is within about 1% of the best we’ve seen in 8 months. There have been no data releases to cause the move, and the slight strengthening is…

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