Currency Forecasts

Category: Best Exchange Rates


Pound Vs US dollar: Powell hints at a rate cut

Pound Vs US dollar

Pound Vs US Dollar exchange rates have pushed back from yesterdays low of 1.2485. GBP/USD has pushed back through 1.25. This comes following comments from the Fed Chairman Jerome Powell. He indicated in his speech that the current US/China trade…

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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 stuck at 4 month lows

SterlingEuroForecast

The Pound has levelled off, but remains stuck at 4 month lows against both the Euro and US Dollar. Following the resignaion of Theresa May, and the European elections that saw the Brexit party win by some margin, markets are…

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What could affect GBP exchange rates this week?

Best Exchange Rates

Good morning. In today’s post I’ll take a look at the week ahead, and focus on what could affect GBP exchange rates this week. The most important events will be related to Brexit, with economic data releases likely to play…

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MP’s to vote on Brexit: What could happen to Pound exchange rates?

Pound exchange rates

Once again we find ourselves in limbo as far as exchange rates are concerned until we have further clarity regarding Brexit. We are expecting MP’s to vote for a third time this week on Prime Minister Theresa May’s Brexit deal….

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