Currency Forecasts

Category: Buy Euros now or wait


Pound and Euro weak, USD strong

Good morning. The Pound weakened yesterday as the rollercoaster of Brexit negotiations continue. One minute a deal is imminent and the Pound rises, then other comments surface that cast doubt on a deal being agreed this week, and the Pound…

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Pound rises on Sunday Times report of Brexit Deal

The Pound has had a good start to the week, rising to €1.1430 against the Euro and remaining above $1.30 vs the US Dollar. The rise in the value of Sterling comes as the Sunday Times reported that the UK…

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Sterling falls following the resignation of David Davis and Boris Johnson

Pound exchange rates initially founds some support this morning following the resignation of Brexit secretary David Davis. This week was always set to be dominated by British politics with Mrs Davis quittting late on Sunday night, saying Theresa May had…

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Interest Rate speculation weakens Sterling

Good morning. The Pound has fallen away this week, due to speculation about when interest rates may rise in the UK. In today’s post we’ll take a look at why the Pound has fallen against the Euro, and whether the…

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GBP/EUR rises slightly after ECB announcement

Sterling initially fell against the Euro today following a poor report about UK Retail Sales, and this pushed GBP/EUR into the mid €1.11’s. However following the European Central Bank policy announcement, rates have recovered to €1.1233 at the time of…

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