Currency Forecasts

Category: Better rates than the bank


Pound exchange rates rally. Will we see a general election?

Pound exchange rates

Pound exchange rates rallied yesterday afternoon as new PM Boris Johnson lost his first vote in the Commons. His first vote as the new PM saw him lose to the Tory rebels and opposition MP’s who object to a no-deal…

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GBP/NZD rallies following central bank statement

GBP/NZD exchange rates have rallied nearly 2% today moving from 1.91 to a high of 1.9476 following the latest interest rate decision and accompanying statement from the Reserve Bank of New Zealand (RBNZ). This makes a significant difference on an…

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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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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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