Currency Forecasts

Category: Best Currency Rates


Pound falls from recent multi-month highs

This week Pound/Euro rates broke through €1.15 to hit the highest levels since June last year. Pound/Dollar broke through $1.43 earlier which is the highest since the EU referendum. This afternoon rates have slipped back slightly. Let’s look at why…

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GBP/EUR drops into the €1.08’s

Sterling/Euro has fallen further today, dropping into the mid €1.08’s. Again it’s a story of the Euro strengthening and becoming more expensive. We had higher than expected PMI figures from Germany and the EU this morning, and also a speech…

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Very important week ahead for exchange rates

In my recent post I outlined the reasons that the Pound may fall further, and that proved to be the case. We saw poor UK data on Friday that weakened the Pound, and the Euro gained strength on rumours that…

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Pound/Euro exchange rate update

Good afternoon, It has been a fairly choppy day for the GBP/EUR cross with the currency pair bouncing between €1.1650 and €1.1750 as you can see from the graph below. GBP/EUR graph For the third consecutive day the UK economy…

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Sterling goes from bad to worse

In yesterday’s post I said that there was nothing on the agenda that would move Sterling, other than continues concerns over ‘Brexit’ and this has proved to be the case. There have been no economic data releases of note today,…

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