Currency Forecasts

Category: Brexit effect on GBP/EUR


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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Pound remains low despite good economic data

Sterling has fallen further this morning, due to continued concerns over, you’ve guessed it, the EU referendum. At the conservative conference PM May has said that controlling immigration will be the key point in negotiations, meaning that remaining a member…

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To cut or not to cut? That is the question.

Sterling received a slight lift during trading yesterday, after there was doubt cast on whether the Bank of England will indeed have to cut interest rates before the end of the year as many had been expecting. Before we get…

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