Currency Forecasts

Category: Best GBP/EUR


Pound remains supported amid Brexit uncertainty

As I’m sure our readers will know, Parliament voted against Theresa May’s Brexit deal. This was not a surprise as the day went on yesterday, it became clear that the DUP and ERG would not vote through the deal. Tuesday…

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Pound falls, but Brexit path now clearer after win for Theresa May

The Pound has fallen a little following yesterday’s votes in parliament. However it’s still largely supported with GBP/EUR currently at €1.1440 and GBP/USD at $1.3074. What were the amendments, and how did the votes go? Labour amendment to call for…

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Pound exchange rates push near three month high

Coins rising

Pound exchange rates have continued their recent strong run having now rallied over 2.5% this week against both the US dollar and Euro. This brings the monthly gains for the pound to nearly 4.5% this year, but will the run…

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UK employment data helps the Pound

UK Jobs data sends Pound up

This morning UK employment and wage growth data was released, and the numbers have helped the Pound rise. GBP/EUR is at €1.1370 and GBP/USD is at $.2915. Most of the employment data was roughly as expected. 2 measures beat forecasts…

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Pound steadies as May wins confidence vote; what next for Sterling?

GBPEUR

Good morning. After a tumultuous week for UK politics, Theresa May has won the vote of confidence, and the currency markets have settled down somewhat. Sterling hasn’t surged on the result, but has steadied a little from the lows we…

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