Currency Forecasts

Category: Effect on Pound


Pound falls as PM’s Brexit deal fails for the third time

Pound exchange rates have fallen from this weeks highs of 1.1750 falling today as lows as 1.1550 as MP’s voted down Prime Minister Theresa May’s Brexit vote for the third time. On the day the UK was officially due to…

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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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Sterling surges higher as Theresa May calls snap election

This morning Theresa May has announced there will be a snap general election on the 8th of June. Earlier we knew she would be making an announcement and there were rumours that it could be a Royal issue or even…

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Sterling stable ahead of FED decision

The Pound has stabilised a little today helped by slightly better Public borrowing data. It hasn’t helped a great deal however, and Sterling currently sits around the mid €1.16’s vs the Euro and $1.30 vs the US Dollar. (view live…

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