Currency Forecasts

Category: BoE MPC Minutes

Pound rises after BoE minutes

Since my earlier post, the Pound has surged after the Bank of England stated that they won’t be following the EU and Japan in cutting interest rates. There was expectation the BoE would have to do this at some point,…

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Pound falls slightly on poor Industrial and Manufacturing Production figures

Wednesday 9th September After gradually rising this week, the Pound has fallen slightly against the Euro and US Dollar today due to worse than expected UK data. Figures released earlier today showed that UK Industrial and Manufacturing production fell at its…

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Pound recovers after Bank of England Minutes

Wednesday 19th November 2014  Sterling/Euro recovers to €1.25  Just a quick update this morning, as we have finally seen the Pound recover slightly after the last week in which we saw rates drop from €1.28 to €1.24.  Earlier this morning…

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Pound falls further in what is an important week for Sterling

Monday 17th March 2014 Good afternoon everybody. The UK has been basking in unseasonable sunshine over the weekend, however Sterling has remained firmly in the shade. We have seen the Pound drop further today against the Euro and other currencies, ahead…

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Sterling remains near 19 month high

Wednesday 18th April 2012Good morning. Not an awful lot to report from the Currency Markets, as Sterling exchange rates continue their relative stability and remain fairly range bound. The Pound did however gain against the US Dollar yesterday after data…

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