Currency Forecasts

Category: Best Exchange Rates


GBP/EUR and GBP/USD forecast outlook

The Pound has recovered slightly this morning, and currently sits around €1.1325 vs the Euro and $1.30 vs the US Dollar. It seems that May has insisted that there will be no hard border in Ireland and has also pointed…

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What could move exchange rates this week?

Sterling has fallen slightly today, due to the lack of any progress with Brexit. This issue is likely to continue being the main driver for which direction the Pound takes. Anything that increases the uncertainty would weaken the Pound further e.g….

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Looking for the best exchange rates?

The market has been very flat all week, and Sterling is seemingly rudderless in the doldrums. We had better than expected borrowing data this week, but it didn’t do anything to help the Pound I’m afraid. As I pointed out in a…

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What could move Exchange Rates this week?

Good morning. In today’s post I’ll take a look at the key economic data releases for the week ahead, and how they could affect Exchange Rates. In addition to the economic data releases listed below, any progress with Brexit negotiations…

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Pound recovers as May takes control of Brexit

Sterling has recovered this week, rising a cent to around €1.1250, and is currently heading towards the €1.13 mark. The main reason for the recovery is the fact that Theresa May has announced that she will be taking control of…

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