Currency Forecasts

Category: Exchange Rate predictions

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


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

What could move GBP exchange rates this week?

Exchange Rates

Good morning. In today’s post, I’ll take a look at what data releases are due this week that could affect Sterling exchange rates. Some key events include UK growth figures on Friday, and speeches by various central bank members. A very…

Read More

Pound drops again, and could continue to fall much further

The Pound has continued to suffer in overnight trading in the Asian markets, falling below $1.28 against the US Dollar, and hitting €1.16 vs the Euro at one point. Rates have recovered a little this morning, but the outlook for…

Read More