Currency Forecasts

Category: Currency Forecasts


Summary of GBP/USD, GBP/CAD, GBP/AUD, GBP/EUR

As I outlined in my most recent post, the Sterling/Euro exchange rate is now well below the recent 8 year high of above €1.40. It has fallen a further cent today to around the €1.37 mark, following positive comments about…

Read More

Pound/Euro hits €1.32 after QE announced by ECB

Thursday 22nd January 2015 The European Central Bank (ECB) today announced its Quantitative Easing (QE) package, outlining over €1tn of stimulus for the economy. It’s been the main driver of exchange rates in recent weeks and today it became a reality….

Read More

This week’s data that could affect exchange rates

Monday 28th April 2014Good morning. Today I will give a brief outline of how Sterling exchange rates start the week, and then I’ll list all the economic data releases that I think will affect currency prices this week.  Let’s start…

Read More

No change in GBP/EUR after ECB Draghi Speech

Thursday 24th April 2014 Sterling remains well supported today, however rates haven’t risen any higher following the press conference by ECB member Mario Draghi. Sterling/Euro remains at €1.2150  As highlighted in previous posts this week, there was a chance that Pound/Euro…

Read More

Pound/Euro rates fall after BoE Minutes

Wednesday 23rd April We’ve had good news and bad news about the UK economy today, but the bad news won the day and as a result we have seen the Pound fall, as I suggested that it would in my post…

Read More