Currency Forecasts

Category: Brexit Uncertinaty


Pound/Euro remains range-bound

UK and EU flag

Pound/Euro rates remain range-bound ahead of next week’s key Brexit vote. Yesterday saw the pair fall to the low €1.10’s which was due to markets pricing in the possibility of a General Election. In the wake of the government losing…

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Pound steadies as May wins confidence vote; what next for Sterling?

GBPEUR

Good morning. After a tumultuous week for UK politics, Theresa May has won the vote of confidence, and the currency markets have settled down somewhat. Sterling hasn’t surged on the result, but has steadied a little from the lows we…

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Pound Euro Exchange Rate under Pressure amid Brexit Speculation

Comments from European Central Bank (ECB) policymakers have provoked significant volatility for the Euro over the course of the last week. Markets are continuing to speculate over the likely timing of the ECB’s first interest rate hike since 2011, with…

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Trump comments cause a US dollar rally

With Donald Trump making his first visit to the UK as the US President his comments regarding the potential “soft Brexit” approach led to the pound falling back to a near month high against the pound. Since the beginning of…

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Sterling moving higher ahead of Brexit vote

Today MPs are taking part in a debate ahead of a Brexit vote tomorrow. Specifically, they are voting on amendments by the house of Lords that want to make changes to the Brexit withdrawal bill. It was looking like perhaps the…

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