Currency Forecasts

Category: Brexit negotations


When will the Pound go back up against the Euro?

 Pound subdued despite strong economy Yesterday was a mixed day for Sterling. We had the latest Industrial and Manufacturing numbers, which beat forecasts showing 0.4% growth, showing the these sectors are still robust. Manufacturing output is at it’s highest in…

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Strong UK data supports the Pound

Strong UK data supports the Pound Sterling has risen both yesterday and today following some robust UK data that increases the chance of interest rates going up. Firstly, the Office for National Statistics revised up Friday’s UK jobs numbers, after…

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Pound/Euro falls into the €1.11’s

It’s not been a particularly good week for Sterling, with it starting at €1.14, and today falling into the €1.11’s. Despite better than expected UK Retail Sales numbers, the Pound fell due to concerns over Brexit negotiations, with Liam Fox…

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Outlook for Sterling/Euro

As I mentioned in yesterday’s post, GBP/EUR rates have settled at €1.13, falling due to the softer inflation numbers which in turn mean it’s unlikely that interest rates will rise this year. In today’s post I’ll look at the key…

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Pound fails to gain despite DUP deal

A deal has now been done with the Conservative government and the DUP. The news has helped the Pound rise a little but not by much, as the deal was widely expected and already priced in to the market for…

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