Currency Forecasts

Category: Brexit


Why is the Pound falling?

Sterling has started this week as it ended last week, dropping against the Euro and other currencies. This afternoon the GBP/EUR rate has dipped into the €1.13’s which is a fresh 3 month low. The graph below shows how the…

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What could impact the currency markets this week?

Ahead of the first May bank holiday weekend the currency markets are relatively quiet with parliament recently just coming back from their Easter break we have seen little Brexit news to cause much of an impact on sterling exchange rates….

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PM Theresa May in Brussels to discuss Brexit extension.

Prime Minister Theresa May is due to meet her European peers in Brussels later today in an attempt to negotiate Brexit extension. It is expected she will ask for an extension beyond this Friday until the 30th June but most…

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Pound/Euro remains supported despite Brexit uncertainty

Pound/Euro rates remain supported above €1.14. To some, this is a surprise given the recent run of disappointing UK data. In the last week we have seen: GDP figures lower than expected, growth forecasts downgraded, and dire warnings from the BoE…

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Brexit Vote; how could each outcome affect the Pound?

Union Jack with Silhouette of London

The Brexit Vote continues to be the main focus for GBP exchange rates at present. In today’s post I’ll take a look at the various outcomes of next week’s vote, and how each one might affect GBP exchange Rates. Brexit Deal…

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