Currency Forecasts

Category: Best Euro/Pound rates


Pound Sterling Forecast – 0.3% GDP moves Pound higher

Pound Sterling Forecast

Pound Sterling Forecast – Today at 09:30am the UK released a raft of economic data. Industrial and Manufacturing production both came in marginally below forecast. The expected figure was low anyway so it’s had little effect on Sterling. They key…

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Pound falls further as Boris gets closer to number 10

GBPEUR

Despite a slight uptick in GBP/EUR rates earlier this week, the downard trend for the Pound has now returned, and we have seen the Pound fall further. Pound/Euro rates have now dipped in to the €1.11’s, while Pound/Dollar rates are…

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Why is the Pound falling?

Sterling has started this week as it ended last week, dropping against the Euro and other currencies. This afternoon the GBP/EUR rate has dipped into the €1.13’s which is a fresh 3 month low. The graph below shows how the…

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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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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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