Currency Forecasts

Category: Brexit

Sterling stable ahead of FED decision

The Pound has stabilised a little today helped by slightly better Public borrowing data. It hasn’t helped a great deal however, and Sterling currently sits around the mid €1.16’s vs the Euro and $1.30 vs the US Dollar. (view live…

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Pound/Euro range-bound at €1.19; but is it really that bad?

Sterling remains range-bound against the single currency, with GBP/EUR rates stuck around the €1.19 mark. This is illustrated in the chart below showing the currency movements this week: As I outlined in my last post, it’s probably the case of…

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Pound falls to new 31 year low – GBP/USD, GBP/EUR forecast

The Pound continued its downward trend today, falling sharply against both the Euro and US Dollar. GBP/USD is now at a new 31 year low, and at a level not seen since 1985. Against the Euro, GBP/EUR rates have fallen…

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GBP/EUR highest in 4 months: €1.30+

Sterling’s run has continued today, which is remarkable when you consider most of the move upwards is based on one opinion poll showing we’re likely to remain within the EU, as I outlined in yesterday’s post. This morning we also…

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Sterling gains after Bank of England’s (BoE) ‘Super Thursday’

Friday 13th May 2016Since the beginning of May, the GBP/EUR currency pair has been stuck in a range between 1.26 and 1.27, as you can see from the chart below. Yesterday however, comments from the BoE governor Mark Carney pushed…

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