Currency Forecasts

Category: EU


GBP/EUR falls below 1.12, will the pound fall further?

Sterling has fallen to its lowest level against the single currency since September 2017 having fallen to a low of 1.1150/0.8969 and bring the pounds losses to over 2.2% in the last week.

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When will the Pound go back up against the Euro?

 Pound subdued despite strong economy Yesterday was a mixed day for Sterling. We had the latest Industrial and Manufacturing numbers, which beat forecasts showing 0.4% growth, showing the these sectors are still robust. Manufacturing output is at it’s highest in…

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GBP/EUR reaches a 6 month high to then fall away heavily in the afternoon session

Those of you that were in a position to act swiftly managed to catch sterling at its highest level against the single currency in nearly 6 months this morning. For the first time since June the pound pushed over 1.15…

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UK Employment data gives Sterling a boost

This morning the Pound/Euro rate fell to €1.0930 however has now recovered back to around €1.10: UK Employment figures help the Pound As I mentioned in my report yesterday, this morning the UK released its latest employment data. The numbers…

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Sterling/Euro fails to break resistance levels

Last week was a largely positive one for Sterling/Euro rates, with the pair recovering its losses from earlier in the month. The rate climbed to around the €1.18 mark before dropping away on Friday: The gains were due to a…

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