Currency Forecasts

Category: Brexit


EU Exit Timeline – An important 2 weeks for Sterling

GBPEUR

As regular readers will be only too aware, it is the continuing uncertainty over the UK’s departure from the EU that is keeping the Pound under pressure of late. I’m afraid that today’s post will cover the same subject due…

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Brexit batters the Pound

As I’m sure all our readers will know, the last 24 hours have been extremely influential for Sterling exchange rates. Initially it seemed that the draft Brexit agreement would be agreed by the Cabinet, and GBP/EUR rates were as high…

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Pound/Euro falls to 9 month low

The Pound has continued to fall all week, however today seems to have stabilised slightly. We have seen Pound/Euro fall to a 9 month low, and GBPUSD rates fall to a 1 year low . Today however Sterling has bounced back ever so…

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Pound falls as chances of No Deal Brexit increase

Good morning. The Pound has fallen this week, as markets reacted to increased chances of a No Deal Brexit. Last week, after the Bank of England interest rate decision, governor Mark Carney gave warnings of the impact of the UK…

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Need to Buy Euros? Will the rate get better?

Pound/Euro rates weakened further last night, as the Euro gained strength and became more expensive to buy. As we thought, the EU Council meeting was dominated by migration talks. It looks like the EU have come to an agreement on…

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