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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What could impact the currency markets this week?

Ahead of the first May bank holiday weekend the currency markets are relatively quiet with parliament recently just coming back from their Easter break we have seen little Brexit news to cause much of an impact on sterling exchange rates….

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PM Theresa May in Brussels to discuss Brexit extension.

Prime Minister Theresa May is due to meet her European peers in Brussels later today in an attempt to negotiate Brexit extension. It is expected she will ask for an extension beyond this Friday until the 30th June but most…

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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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