Currency Forecasts

Category: best exchange rate


Pound Euro Exchange Rate under Pressure amid Brexit Speculation

Comments from European Central Bank (ECB) policymakers have provoked significant volatility for the Euro over the course of the last week. Markets are continuing to speculate over the likely timing of the ECB’s first interest rate hike since 2011, with…

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Sterling rebounds ahead of tomorrows US jobs data

Sterling has found a small level of support against the US dollar this morning, in a move which could be short lived ahead of tomorrow’s key US jobs data. We have seen sterling now push to a high of 1.3325…

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What can we expect for the pound this week?

Sterling of late has been on a poor run, having posted a near two cent loss against the Euro since late April and a near 7% loss against the US dollar in a little over 6 weeks. These losses have…

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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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