Currency Forecasts

Category: cable


GBP/USD close to an 18 month high

Despite yesterday’s slight blip the pound is now trading at close to the highest levels against the USD since July 2016 having experienced an upturn of over 2% for the pound since just before the Christmas break, the question for…

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Michel Barnier gives sterling the runaround

Today’s movements for the pound have been dictated to by comments from the European Unions chief negotiator, Michel Barnier. This morning his comments lead to sterling falling to a 3 week low of 1.1085 as he said there had not…

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Pound/Dollar drops from 15 month high

Sterling/Euro rates remain at around the €1.14 level, the best we’ve seen in around 3 months. Pound/Dollar rates however, have dropped away from the recent highs of $1.36 which was the best it had been since the EU referendum. Comments…

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