Currency Forecasts

Category: Euro

Pound/Euro rises further as single currency weakens

Pound/Euro rises further Pound/Euro rises further – The GBP/EUR rate has risen further this afternoon, as the single currency has weakened and become cheaper to purchase. A short while ago the European Central Bank (ECB) left interest rates unchanged. The…

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Sterling posts losses to end the trading week

Sterling has ended the week on negative note following some multi year highs experienced earlier in the week. In fact some of the ground sterling has made has been pretty significant having rallied, at one point, over 4.5% against the…

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What could impact sterling exchange rates this week?

On a relatively quiet day for the pound data wise sterling has continued on from last last week posting gains against a number of currencies. We have reached a near three week high against the US dollar and multi year…

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Pound set to find new direction this week

Good morning readers, and welcome to a new week and a new month. For several weeks now, the GBP/EUR rate has been stuck at around the €1.19 level. This is despite some dire confidence surveys in the last couple of…

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Pound/Euro rates drop to €1.39

Tuesday 17th March 2015The spike of last week to €1.4255 appears to have been short lived, with the Pound falling during trading on both Monday and Tuesday, testing the €1.40 level before breaking below it. The drop continued today and…

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