Currency Forecasts

Category: Exchange Rates


To cut or not to cut? That is the question.

Sterling received a slight lift during trading yesterday, after there was doubt cast on whether the Bank of England will indeed have to cut interest rates before the end of the year as many had been expecting. Before we get…

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Another day, another poll…

Sterling has been on the slide for the last week, but today has picked up a little, thanks to the latest EU referendum polls. Over the last week, polls had shown that it was likely we would leave the EU,…

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GBP/EUR rates recover as Euro weakens

The last few months have not been kind to Sterling, and last week the Pound was at 7 year lows against most currencies, due to the fears of a ‘Brexit’ which I’ve explained in recent posts. We have seen a…

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Sterling stages recovery against Euro

Sterling has continued to recover against other currencies today, including a decent rise against the Euros. A few days ago rates were down at €1.29, but today have peaked at €1.3265 before settling back down in the low €1.32’s: Financial…

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Pound drops below €1.30 and could continue falling

Sterling has continued to fall against other major currencies, and has fallen nearly 10% against the Euro and US Dollar since last year. We have now seen the GBP/EUR rate touch €1.29, and this pair has now fallen through the…

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