Currency Forecasts

Category: Currency


Sterling moving higher ahead of Brexit vote

Today MPs are taking part in a debate ahead of a Brexit vote tomorrow. Specifically, they are voting on amendments by the house of Lords that want to make changes to the Brexit withdrawal bill. It was looking like perhaps the…

Read More

Key Brexit Dates: How could this affect GBP/EUR?

Once again sterling has had a relatively quiet week against the Euro. Could this change next week? Below, courtesy of the BBC, you can see an extensive timeline of key dates regarding on-going Brexit negotiations. With the pound falling yesterday following…

Read More

Pound/Euro rises by 0.5% after strong UK Services data

Pound/Euro rates have recovered by half a point this morning. The gains have reversed the fall into the €1.13’s that we saw yesterday. Yesterday’s drop came after some poor manufacturing numbers. However this morning, rates have picked back up again into the mid €1.14’s. This…

Read More

Sterling rebounds ahead of tomorrows US jobs data

Sterling has found a small level of support against the US dollar this morning, in a move which could be short lived ahead of tomorrow’s key US jobs data. We have seen sterling now push to a high of 1.3325…

Read More

What could impact the pound this week? GBP/EUR and GBP/USD outlook

Sterling has found some support this morning against the Euro with the pound pushing to a near 10 day high against the single currency. Levels have reached a high of 1.1465 up from last weeks low of 1.1345, possibly an…

Read More