Currency Forecasts

Category: Best Euro exchange rates


Pound falls as Brexit inches closer

Sterling steadily fell against its counterparts throughout trading yesterday, falling 1 cent to €1.1650 vs the Euro. It started when the manufacturing figures I mentioned in yesterday’s post came in below forecast showing this sector is not growing as fast…

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Pound/Euro exchange rate falls again

Good afternoon, Since my last post the pound has been losing ground against the euro, with the GBP/EUR cross currently sitting at its lowest level since the start of November. This morning saw the currency pair fall to a low…

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Will Sterling keep dropping against other currencies?

The past week has not been a good one for the Pound, with Sterling/Euro exchange rates falling close to the lowest in around 5 years. The charts below show the GBP/EUR and GBP/USD rates over the last month:    GBP/EUR     …

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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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