Currency Forecasts

Category: Brexit Uncertinaty


Third time lucky for PM Theresa May. GBP/EUR forecast

Prime Minister Theresa May will try and persuade MP’s for a third a time to back her Brexit deal. A vote is expected on the 20th March after MP’s voted yesterday to ask the EU to delay Brexit beyond the…

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Pound remains supported amid Brexit uncertainty

As I’m sure our readers will know, Parliament voted against Theresa May’s Brexit deal. This was not a surprise as the day went on yesterday, it became clear that the DUP and ERG would not vote through the deal. Tuesday…

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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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