Currency Forecasts

Category: Better exchange rates


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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GBP Forecast – will we see a rate hike in August?

Bank of England

As forecast by my colleague Alastair rates have pushed back through the 1.14 level today following the latest Bank of England interest rate meeting. As expected, the central bank held its key base rate on hold at 0.5% but it…

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What could impact sterling exchange rates this week? GBPEUR, GBP/USD, GBP/AUD

As we start another busy trading week I will outline below would data could impact sterling exchange rates this week. It is a busy week with much of the notable data scheduled towards the latter part of the working week….

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UK Jobs data keeps Sterling/Euro near 8 year high

Sterling/Euro rates continue to perform very well indeed, and are only just below the best they have been in 8 years. As you can see from the chart below, the rate remains supported above the €1.40 mark, and were given…

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