Currency Forecasts

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Pound Vs US dollar: Powell hints at a rate cut

Pound Vs US dollar

Pound Vs US Dollar exchange rates have pushed back from yesterdays low of 1.2485. GBP/USD has pushed back through 1.25. This comes following comments from the Fed Chairman Jerome Powell. He indicated in his speech that the current US/China trade…

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GBP/AUD exchange rates heading back toward 1.90

Australian Flag

GBP/AUD exchange rates have rallied back against the Australian Dollar in the last few days pushing back to 1.87 and seemingly heading towards 1.90. This move comes ahead of the Reserve Bank of Australia monetary policy statement overnight which will…

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Draghi comments help Euro/US dollar through 0.89

Euros

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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Protecting against market volatility

Brexit remains the main story for Sterling exchange rates at the moment, with much uncertainty over what will happen to the Pound in the next few weeks. The EU 27 have agreed the deal, and now we await to see…

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GBP/EUR falls through 1.10

GBP/EUR has fallen through the 1.10 level for the first time since September 2017 and brings the recent falls for sterling to nearly 2.5% in the month of August. Although sterling has been on the back foot in recent weeks…

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