Currency Forecasts

Category: Best Currency Rates


Pound recovers as May takes control of Brexit

Sterling has recovered this week, rising a cent to around €1.1250, and is currently heading towards the €1.13 mark. The main reason for the recovery is the fact that Theresa May has announced that she will be taking control of…

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Do you need to exchange currency? How do I get the best exchange rate?

As we enter into what is historically quiet time of the year, the holiday season, I will explore below how you can guarantee you are getting the best exchange rate when looking to send money overseas. Why do exchange rates…

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GBP/EUR rises to €1.1350 after Services data

SterlingEuroForecast

Good morning. We’ve seen the UK currency rebound this morning. I mentioned in yesterday’s post that we would see the latest UK services data today. This was released at 09:30am and was better than forecast. The number came in at…

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What could move GBP exchange rates this week?

Exchange Rates

Good morning. In today’s post, I’ll take a look at what data releases are due this week that could affect Sterling exchange rates. Some key events include UK growth figures on Friday, and speeches by various central bank members. A very…

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Sterling exchange rates strengthen following positive retail sales. Will it last?

Pound exchange rates have received a welcome boost this morning with strong retail sales figures, as predicted by my colleague Alastair yesterday. The week started poorly with weaker than forecast manufacturing data on Monday along with concerns surrounding Brexit pushing…

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