Currency Forecasts

Category: Best Exchange Rates

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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Pound falls to 7 week low against Euro

20th July 2010Good morning. Sterling fell to it’s lowest level in nearly 2 months yesterday as the Euro gained against most major currencies. Today we’ll look in detail at the developments in the EU that’s causing the single currency to…

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Sterling Exchange Rate Outlook 2010

Good Morning and welcome to a New Year in the currency markets. The pound had a good run at the end of the year due to thin trading volumes exaggerating the price. At 08:30am on the 4th January 2010 rates…

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