Currency Forecasts

Category: EU Summit

Sterling/Euro exchange rate forecast July 2012

Friday 29th June 2012Good morning. Sterling/Euro exchange rates have had a very strong week indeed, remaining supported around the €1.25 level. This is despite further poor data about the UK economy. The reason rates are good is because of the…

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Crucial day for exchange rates: Euro, USD, AUD

Friday 9th December 2011Good morning. It was a very choppy day indeed in the currency markets yesterday, with an interest rate cut in the Eurozone and negative comments by the ECB president weakening the Euro and strengthening safe haven currencies….

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EU summit today to cause volatility for GBP/EUR

Thursday 21st July 2011Good morning. Sterling has stabilised slightly after the BoE minutes yesterday. 2 members voted for an interest rate hike, but 7 voted to keep rates on hold. 1 member voted for further Quantitative Easing, less than had…

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