Currency Forecasts

Category: BoE Inflation Report

GBP/EUR rises to €1.22 after BoE Inflation report

Wednesday 12th February 2014 Sterling has gained significant strength today following the Bank of England’s inflation report, and the press conference by Governor Mark Carney that followed. In today’s post I will look at exactly what he said, the effect it…

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Exchange rates fall after BoE Inflation report

Wednesday 13th February 2013  Good afternoon. In my last post I outlined the fact that Sterling had made a recovery against the Euro. However I’m afraid the recovery was short lived, and the Pound has continued to lose value and…

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Pound/Euro rates fall on BoE Inflation report. Forecast.

Wednesday 14th November 2012  Good afternoon everybody. It’s been quite a mixed week so far in the currency markets, with big swings in the Pound/Euro rate along with other currencies. As the week started, Sterling was at a 6 week…

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Pound gains against Euro on BoE report

Thursday 9th August 2012Good morning everybody. So, an interesting week so far since my last post on Monday morning. After steady declines for the Pound/Euro rate, yesterday saw a slight recovery, and it was all to do with the Bank…

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Why has Pound fallen against Euro August 2011

Wednesday 10th August 2011 Good morning. Sterling has fallen quite a bit in the last 24 hours, pushed down ahead of today’s Bank of England (BoE) inflation report, that may well present a poor assessment of the UK economy. At…

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