Currency Forecasts

Category: Currency Predictions


How will BoE Interest rate rise affect Sterling?

Sterling remains supported against both the Euro and the US Dollar ahead of this week’s interest rate decision from the Bank of England. GBP/EUR in particular has also continued to be supported by the fact the Euro is weaker due…

Read More

What could move exchange rates this week?

Sterling/Euro rates have slipped further today dropping to €1.13, around 1 cent below last week’s 3 month high. The Pound started to fall after some UK manufacturing data came in below forecast. Sterling/Dollar has also fallen by around 1 cent….

Read More

Could Pound/Euro rates reach parity?

Pound/Euro rates fell briefly into the €1.08’s today, before recovering a little after the UK’s Public Sector Net Borrowing figures were better than expected, showing the UK accounts are now in surplus. While this helped Sterling a little, GBP/EUR rates…

Read More

Poor UK data pushes GBP/EUR to €1.13

We’ve finally seen some movement in Pound/Euro rates following a period of the pair being stuck at the €1.14 level. In the last 24 hours we have seen the pair drop around 1 cent to the low €1.13’s: Why has…

Read More

Central Bank comments affect exchange rates

Pound/Euro rates have fallen to €1.13 today, due to a combination of the Pound getting weaker, and the Euro getting stronger and therefore more expensive to purchase. (View live currency graphs here to see how rates have moved over recent…

Read More