Currency Forecasts

Category: Brexit affect on GBP/EUR


EU Exit Timeline – An important 2 weeks for Sterling

GBPEUR

As regular readers will be only too aware, it is the continuing uncertainty over the UK’s departure from the EU that is keeping the Pound under pressure of late. I’m afraid that today’s post will cover the same subject due…

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Sterling weakness despite strong economic data

This week we have seen continued Sterling weakness, even though economic data has been better than expected. Usually when we see data beat forecasts, it strengthens the currency concerned. That hasn’t been the case this week. The UK economy is…

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Pound/Euro falls to 9 month low

The Pound has continued to fall all week, however today seems to have stabilised slightly. We have seen Pound/Euro fall to a 9 month low, and GBPUSD rates fall to a 1 year low . Today however Sterling has bounced back ever so…

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Pound falls as chances of No Deal Brexit increase

Good morning. The Pound has fallen this week, as markets reacted to increased chances of a No Deal Brexit. Last week, after the Bank of England interest rate decision, governor Mark Carney gave warnings of the impact of the UK…

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Pound recovers as May takes control of Brexit

Sterling has recovered this week, rising a cent to around €1.1250, and is currently heading towards the €1.13 mark. The main reason for the recovery is the fact that Theresa May has announced that she will be taking control of…

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