Currency Forecasts

Category: Euro Rate Forecast


Pound steadies as May wins confidence vote; what next for Sterling?

GBPEUR

Good morning. After a tumultuous week for UK politics, Theresa May has won the vote of confidence, and the currency markets have settled down somewhat. Sterling hasn’t surged on the result, but has steadied a little from the lows we…

Read More

How could the Italy situation affect GBPEUR?

Yesterday we saw the GBP/EUR rate rise to €1.15 due to the political situation developing in Italy. This morning however, rates have come back down to around the €1.1430 mark. This is due to strong Retail Sales data from Germany,…

Read More

Pound steady at €1.31. Should you buy Euros now or wait?

The Pound has stabilised somewhat and has settled down at around €1.31 vs the Euro. It’s been a great week for Sterling, which has risen on the back of various polls and betting odds showing that it’s increasingly unlikely that…

Read More

Why has Pound/Euro fallen into €1.38’s?

Friday 21st August 2015Since my last post on Tuesday, Sterling/Euro rates have fallen from €1.42 into the €1.38’s, caused by the Euro gaining strength.  There are several factors that have caused the single currency to gain. Firstly the news that…

Read More

Pound/Euro in free-fall, drops into the €1.35’s

Friday 1st May 2015  Well, we’ve all been saying the Pound/Euro rate was at risk of a serious fall, and that’s exactly what we’re now seeing. GBP/EUR has absolutely tumbled in the last few days. On Wednesday morning the rate…

Read More