Currency Forecasts

Category: Currency Exchange


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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What could impact the pound this week? GBP/EUR and GBP/USD outlook

Sterling has found some support this morning against the Euro with the pound pushing to a near 10 day high against the single currency. Levels have reached a high of 1.1465 up from last weeks low of 1.1345, possibly an…

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Strong US Data strengthens USD, weakens EUR

This afternoon we saw a host of US Data released, and this has caused some movements for both GBPEUR and GBPUSD rates. The data showed that inflation is higher than markets had been expecting. As a result, it’s now very…

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How could UK Employment figures tomorrow affect Sterling?

Pound/Euro rates remain firm at around €1.14 level, and Pound/Dollar rates were above $1.40 earlier, the highest since the referendum, but have slipped back ever so slightly this afternoon into the $1.39’s. Decent growth forecasts for the UK on Monday…

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