Currency Forecasts

Category: Exchange Rates


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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Stering recovers back to €1.1650

The Pound has recovered this morning after yesterdays fall. It turns out the ‘leaked government memo’ was actually from consultancy firm Deloitte and had no input from number 10 or indeed any government department. The Pound has also received a…

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President Trump, and the effect on exchange rates

Well, the polls got it wrong again. Amazingly as I woke up this morning and turned on BBC news, I was greeted with the Republican Candidate Donald Trump in the lead, and it’s now been confirmed that he will be…

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UK GDP beats forecasts to show 0.5% growth

UK GPD figures have just been released, showing the economy grew by 0.5% in the last quarter. This is well above the expected 0.3% and Sterling has strengthened as a result. However the gains are already looking short-lived, with GBP/EUR…

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