Currency Forecasts

Category: Brexit effect on Currency


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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Ahead of England’s crunch semi final against Croatia, what could impact sterling today?

As the country firmly slips back into football mode ahead of the much anticipated world cup semi final against Croatia, for those that are interested, I will look at what could impact the pound for the rest of the week….

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Pound/Euro reaches 2 month high of €1.19

Sterling/Euro rates had been stuck at around the €1.17 for quite a while now, but we’ve finally seen an upward move with the pair breaking out of its range, briefly hitting €1.19 today which is the highest we’ve seen in…

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GBP/EUR falls further into the €1.17’s

Sterling/Euro exchange rates have taken another hit today, falling down to the €1.17’s, but this time it’s a strengthening Euro that has caused the drop. Here’s this week’s GBP/EUR graph: European Central Bank (ECB) strengthens the Euro Earlier, the ECB…

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Pound starts to fall on poor economic data

I’ve been warning for the last week or so that it was unlikely that Sterling’s recent strong performance would last, and today we have seen the Pound fall back away from the recent 1 month high vs the Euro. The…

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