Currency Forecasts

Category: Brexit Uncertinaty


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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Sterling/Euro remains under pressure due to ‘Brexit’ uncertainty

Sterling has been unable to recover the losses we have seen over the last week, and it remains stuck at around €1.15 vs the Euro, and $1.30 vs the US Dollar. It’s a very quiet week in terms of data…

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