Currency Forecasts

Category: best deal for your currency

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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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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GBP/AUD reaches a five month high

Sterling rallied overnight to reach a five month high against the Australian Dollar creating some good buying opportunities. Sterling had a poor day yesterday against a number of major currencies following weaker than forecast inflation data, however it was too…

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Sterling falls on political uncertainty. What else could impact the pound this week?

Sterling has had a poor open this morning, posting some heavy losses against the Euro (down to 1.1230 at the time of writing) and 1.3070 against the US dollar. Political uncertainty has again had a major impact on the value…

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