Currency Forecasts

Category: Brexit effect on GBP/EUR


Pound and Euro weak, USD strong

UK and EU flag

Good morning. The Pound weakened yesterday as the rollercoaster of Brexit negotiations continue. One minute a deal is imminent and the Pound rises, then other comments surface that cast doubt on a deal being agreed this week, and the Pound…

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Pound volatile on Brexit uncertainty

What goes up, must come down. That’s what’s happened to Sterling over the last few days, but we are seeing a slight recovery as we progress through the day. Last week was a very good one for the Pound. We…

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What could move exchange rates this week?

Exchange Rates

Good morning. In today’s post we’ll take a look at the week ahead at what could move exchange rates. This will include economic data releases and political events that could affect Sterling exchange rates. It’s quite a busy week in…

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When will Pound/Euro rates go up?

As you can see from the live graphs and charts, over the last 3 months the Pound/Euro rate has fluctuated between €1.11 and €1.14. The pair briefly hit €1.15 a few weeks ago after the announcement that Brexit talks had…

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Sterling/Euro fails to break resistance levels

Last week was a largely positive one for Sterling/Euro rates, with the pair recovering its losses from earlier in the month. The rate climbed to around the €1.18 mark before dropping away on Friday: The gains were due to a…

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