Currency Forecasts

Category: Brexit effect on Sterling


MP’s to vote on Brexit: What could happen to Pound exchange rates?

Pound exchange rates

Once again we find ourselves in limbo as far as exchange rates are concerned until we have further clarity regarding Brexit. We are expecting MP’s to vote for a third time this week on Prime Minister Theresa May’s Brexit deal….

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Pound falls, but Brexit path now clearer after win for Theresa May

The Pound has fallen a little following yesterday’s votes in parliament. However it’s still largely supported with GBP/EUR currently at €1.1440 and GBP/USD at $1.3074. What were the amendments, and how did the votes go? Labour amendment to call for…

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GBPEUR lower after Commons vote

Pound Vs US Dollar

Good morning. GBPEUR has drifter lower this morning after yesterdays Commons vote. The government averted a Rebellion by pro-EU MPs by offering a meaningful vote on the final deal agreed with the EU. This meant they could overturn a series of amendments made…

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GBP/EUR hits 1 month high of €1.17

Sterling had a very good day yesterday following the invocation of Article 50. We saw GBP/EUR rates touch €1.1700 overnight before dropping back into the mid €1.16’s this morning. GBP/USD rose to $1.25. That’s a 1 month high for buying…

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