Currency Forecasts

Category: Best Euro exchange rates


Pound falls as BoE cut interest rates as expected

As expected, the Bank of England have just cut interest rates to 0.25%, the first change in 7 years. What was not expected, was all 9 members saying they expect rates to be a 0% by the end of the…

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GBP/EUR hits €1.2940 as polls support ‘Remain’ vote

The Pound has risen again today (Wednesday) after the Evening Standard announced earlier that a poll they commissioned by Ipsos-Mori showed that 55% of those asked now support the UK remaining in the EU. 37% indicated they want to leave,…

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Will Sterling/Euro go up or down this week?

Monday 9th May 2016 As you can see from the chart below, after the recent fall in GBP/EUR rates, currently the currency pair seems to be range-bound between 1.26 and 1.27. Currently the rate is stable around the mid-way between…

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Pound/Euro rates hit €1.28, despite poor economic data

It’s been a very good week for the Pound, rising against the Euro to hit levels not seen all month, peaking at €1.28 today: There haven’t been any particular economic figures causing the rise. Indeed this week we’ve seen poor…

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What could move exchange rates this week?

Sterling/Euro rates are settled in the mid €1.25’s after last week’s positive moves for this currency pair. In today’s post, I’ll run through the coming week’s economic data releases that I think will affect exchange rates. With a speech by…

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