Currency Forecasts

Category: Currency Broker


Pound falls as PM’s Brexit deal fails for the third time

Pound exchange rates have fallen from this weeks highs of 1.1750 falling today as lows as 1.1550 as MP’s voted down Prime Minister Theresa May’s Brexit vote for the third time. On the day the UK was officially due to…

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Could we be close to a Brexit deal?

Sterling exchange rates have rallied overnight as it appears that concessions could be made between the UK and EU in the hope to get Prime Minister Theresa May’s deal through parliament. MP’s will vote this evening on Mrs May’s Brexit…

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GBP/AUD forecast – political turmoil hurting the Australian Dollar

AUD exchange rates have fallen in recent days following political infighting. This turmoil has lead to Scott Morrison being sworn in as Australia’s next Prime Minister. This brings to end a bitter feud within the Australian government, creating a fall…

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Ahead of England’s crunch semi final against Croatia, what could impact sterling today?

As the country firmly slips back into football mode ahead of the much anticipated world cup semi final against Croatia, for those that are interested, I will look at what could impact the pound for the rest of the week….

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GBP Forecast – will we see a rate hike in August?

Bank of England

As forecast by my colleague Alastair rates have pushed back through the 1.14 level today following the latest Bank of England interest rate meeting. As expected, the central bank held its key base rate on hold at 0.5% but it…

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