Currency Forecasts

Category: Best Pound/Euro rate


Pound Sterling Currency Outlook

Pound Sterling Currency

Pound sterling currency exchange rates took another dip yesterday afternoon following the Bank of England interest rate meeting and press conference. As expected Governor Mark Carney kept interest rates on hold. This was no surprise. What caused the pound to…

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Economic Data Releases: What could move exchange rates this week?

Best Exchange Rates

Good morning. The market remains flat, with GBP/EUR stuck in the mid 1.11’s and GBP/USD down in the low $1.25’s. With no Brexit news expected for several weeks, it will be economic data releases that drive the value of Sterling….

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Pound falls further as Boris gets closer to number 10

GBPEUR

Despite a slight uptick in GBP/EUR rates earlier this week, the downard trend for the Pound has now returned, and we have seen the Pound fall further. Pound/Euro rates have now dipped in to the €1.11’s, while Pound/Dollar rates are…

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Pound stuck at 4 month lows

SterlingEuroForecast

The Pound has levelled off, but remains stuck at 4 month lows against both the Euro and US Dollar. Following the resignaion of Theresa May, and the European elections that saw the Brexit party win by some margin, markets are…

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Pound falls on Brexit uncertainty

The Pound has fallen this morning as chances of a No-Deal Brexit have increased this week. Only last week it looked like May’s deal could go through and GBP/EUR rates touched highs of €1.18. That now seems like a very…

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