Currency Forecasts

Category: Best Exchange Rates

Pound dips below €1.20 / $1.60 – Interest Rates today

Wednesday 4th April 2012Good morning. As I have been warning in recent weeks, the levels of €1.20 on the Euro and $1.60 on the US Dollar may not last forever, and indeed yesterday so the Pound fall slightly against both…

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Pound vs Euro/Pound vs US Dollar weekly forecast

Monday 20th June 2011 • Poor UK data puts Sterling on back foot• Greek debt weakens the Euro• US Dollar strengthens on safe haven status• Round up of the week’s data that may affect rates (For currencies other then GBP,…

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IMF assesment pushes GBP/EUR to 1 month low

7th June 2011Good morning. Sterling fell again vs the Euro yesterday, hitting a new 1 month low. It was due to the IMF giving a muted reaction to UK growth, stating further Quantitative Easing may be required. At 08:30am this…

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Inflation, Budget, BoE Minutes, Best Exchange Rates

23rd March 2011Good morning. Inflation data yesterday was higher than expected, and this pushed the pound higher against the Euro slightly, but to a 14 month high against the US Dollar. We may see slight further gains after the BoE…

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Pound gains vs Euro, BoE and Trade balance today

9h December 2010Good morning. After a very flat start to the week, yesterday the pound gained against the Euro and US Dollar, following a surge in industrial orders which was a further indication that UK economic recovery is gaining momentum….

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