Currency Forecasts

Category: Employment Data


Pound remains supported

The Pound remains supported, and is holding up surprisingly well, given the political uncertainty the UK currently faces. The speaker John Bercow yesterday said that the PM could not bring her deal back for a third vote as has been…

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UK employment data helps the Pound

UK Jobs data sends Pound up

This morning UK employment and wage growth data was released, and the numbers have helped the Pound rise. GBP/EUR is at €1.1370 and GBP/USD is at $.2915. Most of the employment data was roughly as expected. 2 measures beat forecasts…

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Pound and Euro weak, USD strong

UK and EU flag

Good morning. The Pound weakened yesterday as the rollercoaster of Brexit negotiations continue. One minute a deal is imminent and the Pound rises, then other comments surface that cast doubt on a deal being agreed this week, and the Pound…

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US Dollar strengthens on interest rate rumours

Yesterday the FED chair Janet Yellen indicated that interest rates in the USA are likely to go up soon, but what does this mean for exchange rates? Interest rates are key to a currencies value, because if the US does…

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