Currency Forecasts

Category: European Central Bank

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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Central Bankers to affect Sterling/Euro today?

Over the last few days it has been political uncertainty largely driving the Sterling/Euro pair. Today however focus shifts to comments from central bankers, and these comments have the potential to move Pound/Euro rates over the course of today. Bank…

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Central Bank comments affect exchange rates

Pound/Euro rates have fallen to €1.13 today, due to a combination of the Pound getting weaker, and the Euro getting stronger and therefore more expensive to purchase. (View live currency graphs here to see how rates have moved over recent…

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Sterling falls slightly on UK mortgage numbers

Tuesday 27th May 2014 The UK and US markets opened today after being closed yesterday for the Bank Holiday. Initially things looked good for the Pound, rising against both the Euro and US Dollar as soon as the market opened at…

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No change in GBP/EUR after ECB Draghi Speech

Thursday 24th April 2014 Sterling remains well supported today, however rates haven’t risen any higher following the press conference by ECB member Mario Draghi. Sterling/Euro remains at €1.2150  As highlighted in previous posts this week, there was a chance that Pound/Euro…

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