Currency Forecasts

Category: Best Exchange Rates


Pound steadies as May wins confidence vote; what next for Sterling?

GBPEUR

Good morning. After a tumultuous week for UK politics, Theresa May has won the vote of confidence, and the currency markets have settled down somewhat. Sterling hasn’t surged on the result, but has steadied a little from the lows we…

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Protecting against market volatility

Brexit remains the main story for Sterling exchange rates at the moment, with much uncertainty over what will happen to the Pound in the next few weeks. The EU 27 have agreed the deal, and now we await to see…

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Pound volatile on Brexit uncertainty

What goes up, must come down. That’s what’s happened to Sterling over the last few days, but we are seeing a slight recovery as we progress through the day. Last week was a very good one for the Pound. We…

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Sterling pushes to a 6 month high, will it last?

Sterling exchange rates have have rallied 2.5% in less than a week bring the pound to its highest level against the single currency in nearly 6 months. This drive towards the pound has created, in my opinion, some very strong…

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Pound rises on Brexit hopes and BoE signals

Sterling has rallied this week, hitting €1.14 against the Euro. This is within 1% of the best we’ve seen GBP/EUR in about 18 months, so a great opportunity for client that need to convert Pounds to Euros. The Pound is…

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