Currency Forecasts

Category: Exchange Rates


Sterling falls as political uncertainty returns

Sterling has edged lower against the Euro overnight, as uncertainty returned to UK politics following the sacking of Cabinet minister Damien Green. Also pushing the Pound lower was a report by the IMF that downgraded UK growth forecasts, stating that…

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Will Pound/Euro rates go back up?

Last week a gloomy Bank of England outlook pushed Pound/Euro rates into the €1.10’s, and while the rate has steadied, it hasn’t as yet managed to recover the losses. Many of our clients are asking if the rate will recover,…

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GBP/EUR falls into €1.11’s before recovering

The Pound/Euro continued to fall after my post yesterday, dropping as low as €1.1177 this morning which is the lowest we’ve seen the pair in about 9 months. We have since seen the pair bounce back however after UK employment…

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Election jitters continue to drive the Pound

Sterling has risen against both the Euro and US Dollar during European trading today, recovering early losses in Asian trading before UK markets opened. The Pound seems not to have been adversely affected by the horrendous attacks in London on…

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Pound/Euro and Pound/Dollar forecast May 2017

Sterling This morning UK GDP figures were released and were expected to come in at +0.3% and they came in just below at 0.2%. As the figure didn’t impress or beat forecasts it has sent the Pound a little lower…

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