Currency Forecasts
Category: Currency War
Pound to US Dollar exchange rates. US Dollar strong from ‘flight to safety’
Pound to US Dollar exchange rates have continued to fall and sit close to record highs against the Pound. With the on-going US/China trade war we have seen a significant flight to safety. In times of uncertainty the US dollar…
Read MorePound falls on data, Euro rises and Dollar falls on risk of currency war
Sterling fell further today, briefly dipping into the €1.15’s vs the Euro, after much weaker than expected consumer credit figures. The lower number suggest that the UK economy may finally be slowing a little after surprisingly robust performance over the…
Read MoreWill GBP/EUR rates go back up? 2013 forecast predictions
Monday 18th February 2013 Good morning. The GBP/EUR rate continued its roller coaster ride last week, starting off at a relatively good level around 1.18, recovering after the European Central Bank president talked the Euro down (more on that shortly). …
Read MoreCurrency War and the effect on Exchange Rates
Rates remain above $1.60 against the US Dollar, and still just under €1.14 against the Euro. With little data released yesterday for the UK it was weakness in the US Dollar that caused rate movements yesterday. For something a little…
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