Currency Forecasts

Category: Currency Exchange


Pound falls further on poor Retail Sales figures

The Pound has fallen against the Euro and US Dollar overnight, as figures showed that Retail Sales were much lower than expected. It’s a further sign that due to rising inflation and rising prices caused by a weaker Pound, consumer…

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Pound/Euro remains subdued and could fall further this month

Sterling fell last week after the Bank of England said that while inflation is likely to rise, they won’t be raising interest rates to counter it. There had been rumours of a hint of a rate hike towards the end…

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Euro weakens pushing GBP/EUR to €1.1870

As I mentioned in yesterday’s post, there was a chance that the ECB would increase their QE stimulus programme, and this is exactly what they decided to do. They were supposed to have finished the stimulus by March next year,…

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GBP/EUR rises to €1.1940 on softer Brexit hint

Today we have seen the Pound surge higher against the Euro and other currencies, after the Brexit Secretary David Davis hinted that they may consider paying in to the EU budget in order to secure access to the single market….

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Pound/Euro rises above €1.18

Investors have continued to take the Pound higher today, with the Pound/Euro level now above €1.18. That’s nearly 8 cents higher from the lows of €1.1050 earlier this month. The markets have taken the autumn statement positively for the UK,…

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