Currency Forecasts

Category: Best FX rates


Do you need to exchange currency? How do I get the best exchange rate?

As we enter into what is historically quiet time of the year, the holiday season, I will explore below how you can guarantee you are getting the best exchange rate when looking to send money overseas. Why do exchange rates…

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Inflation levels keep the pound on the back foot

Pound exchange rates have fallen to their lowest levels against the Euro since March. This comes following lower than expected inflation figures. The market was expecting a release of 2.6% but with a release of 2.4% this all but guarantees…

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Is the lack of action from the Reserve Bank of Australia likely to keep the AUD in check?

Australian Flag

As with many currencies the Australian Dollar has posted some strong gains against the pound in recent weeks having moved from yearly lows of 1.8520/0.5399 at the end March to last weeks high of 1.7920/0.5580, a change of 3.35% in…

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Inflation numbers weaken Sterling

This morning UK inflation came in at 2.6%, slightly less than the expected 2.7%. This might not sound like much, but it significantly decreases the chance of the Bank of England raising interest rates this year. In turn, the lower…

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Has Sterling now peaked against the Euro?

I mentioned in yesterday’s post that today could move the Pound higher if UK inflation numbers were higher than forecast, and that’s what we’ve just seen. A short while ago we saw the PPI come in at 3.6%, and it…

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