Currency Forecasts

Category: EUR/GBP


EUR/GBP reaches a five month high. Euro forecast.

EUR/GBP exchange rates have reached their highest levels against the pound since January having moved over 5% in the last 6 weeks. This has created some great selling opportunities with those looking to exchange euros to sterling. Why is the…

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Pound falls further after poor inflation numbers

Tuesday 19th August 2014 The Pound has fallen further today, as this morning’s UK inflation figures were worse than expected. Inflation is a key indicator of when interest rates may rise. If the level of inflation gets higher than 2%, then…

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A busy week for exchange rates – what could happen to the Pound?

Monday 11th August 2014 Good afternoon. Exchange rates have recovered slightly today after the drops we saw at the end of last week, caused by global uncertainty over the conflicts in Ukraine and the middle-east, as explained in my most recent…

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Sterling/Euro drops below €1.20

Wednesday 12th March 2014 The Pound/Euro exchange rate has continued to fall since my post last week, and has fallen below the €1.20 level for the first time this year. Several weeks ago I warned that there was a good chance…

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Pound falls below €1.20, will it rise again?

Thursday 6th February 2014Sterling has fallen below the €1.20 mark today for the first time this year. The reason for the fall was Euro strength following their decision not to raise interest rates. In today’s post I am going to…

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