Currency Forecasts

Category: Currency Exchange


Sterling falls on signs of slowing economy

It looks like the Pound’s rally has finally run out of steam. A significant rise throughout the year so far has seen GBP/EUR rates reach as high as €1.17+ which is the best we have seen in over 21 months….

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Pound/Euro remains supported despite Brexit uncertainty

Pound/Euro rates remain supported above €1.14. To some, this is a surprise given the recent run of disappointing UK data. In the last week we have seen: GDP figures lower than expected, growth forecasts downgraded, and dire warnings from the BoE…

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Pound/Euro near 2 year high

Pound/Euro near 2 year high – We have seen the Pound go from strength to strength over the last few weeks, rising from a low of €1.10, reaching a high of €1.16 overnight before dropping back away. Why has the…

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EU Exit Timeline – An important 2 weeks for Sterling

GBPEUR

As regular readers will be only too aware, it is the continuing uncertainty over the UK’s departure from the EU that is keeping the Pound under pressure of late. I’m afraid that today’s post will cover the same subject due…

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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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