Currency Forecasts

Category: Currency Outlook


Pound falls ahead of Brexit vote

Good morning. The Pound has fallen this morning ahead of this week’s votes in Parliament on Theresa May’s Brexit deal. There were hopes that progress would be made this weekend in talks between the UK and EU, but it doesn’t…

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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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Inflation levels keep the pound on the back foot

Pound exchange rates have fallen to their lowest levels against the Euro since March. This comes following lower than expected inflation figures. The market was expecting a release of 2.6% but with a release of 2.4% this all but guarantees…

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What could move GBP exchange rates this week?

Exchange Rates

Good morning. In today’s post, I’ll take a look at what data releases are due this week that could affect Sterling exchange rates. Some key events include UK growth figures on Friday, and speeches by various central bank members. A very…

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Pound falls from recent multi-month highs

This week Pound/Euro rates broke through €1.15 to hit the highest levels since June last year. Pound/Dollar broke through $1.43 earlier which is the highest since the EU referendum. This afternoon rates have slipped back slightly. Let’s look at why…

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