Currency Forecasts

Category: Exchange Rates


Pound pushes to a one month high. GBP/EUR outlook.

GBP/EUR outlook

Pound exchange rates have pushed to a one month high against a number of currencies to boost the GBP/EUR outlook. The pounds rally has come about following comments made by French president Emmanuel Macron. Earlier today Prime Minister Boris Johnson…

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Pound/Euro remains supported despite Brexit uncertainty

Pound/Euro rates remain supported above €1.14. To some, this is a surprise given the recent run of disappointing UK data. In the last week we have seen: GDP figures lower than expected, growth forecasts downgraded, and dire warnings from the BoE…

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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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