Currency Forecasts

Category: Brexit deal


Pound falls further as Boris gets closer to number 10

GBPEUR

Despite a slight uptick in GBP/EUR rates earlier this week, the downard trend for the Pound has now returned, and we have seen the Pound fall further. Pound/Euro rates have now dipped in to the €1.11’s, while Pound/Dollar rates are…

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Pound falls as Brexit stalemate continues

Pound/Euro rates have slipped after the indicative votes failed to win any majority. Yesterday, GBP/EUR was as high as €1.1785 however has since shed 1 cent, to bring the pair down to €1.1685. The Pound has also fallen by a…

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What could affect GBP exchange rates this week?

Good morning. In today’s post I’ll take a look at the week ahead, and focus on what could affect GBP exchange rates this week. The most important events will be related to Brexit, with economic data releases likely to play…

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Pound remains supported

The Pound remains supported, and is holding up surprisingly well, given the political uncertainty the UK currently faces. The speaker John Bercow yesterday said that the PM could not bring her deal back for a third vote as has been…

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Pound remains supported amid Brexit uncertainty

As I’m sure our readers will know, Parliament voted against Theresa May’s Brexit deal. This was not a surprise as the day went on yesterday, it became clear that the DUP and ERG would not vote through the deal. Tuesday…

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