Currency Forecasts

Category: Best Exchange Rates


Pound rises slightly ahead of BoE Meeting

Bank of England

The Pound has bounced back against the Euro slightly today. However against the US Dollar, continued USD strength pushed the rate as low as $1.27 this morning, however it’s bounced back a little this afternoon. Sterling had been trading around…

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The week ahead for GBP exchange rates

Good morning. Last week the Pound fell further against the Euro, as it became clear that a Brexit deal would not be agreed any time soon. To be honest the GBP/EUR rate probably would have fallen further if it were…

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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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