Currency Forecasts

Category: Exchange Rates

Sterling unchanged after Interest Rates, important data today

6th August 2010Good morning. Sterling has fallen against the US Dollar ahead of today’s non-farm payrolls data. The pound is little changed against the Euro following the expected interest rate holds yesterday in the EU and UK. We’ll look at…

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Pound hits 19 month high against Euro – will it last?

Good morning. The pound continued to climb yesterday after the BoE minutes and comments from a credit agency supporting the UK. We hit new 19 month highs against the Euro, but rates have already retracted slightly. Today we’ll look at…

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Interest Rates and Exchange Rates

Sterling edged down against the euro on Monday, erasing earlier gains made after data showed Britain’s services sector grew more strongly than expected. The pound remained pressured on expectations monetary policy would stay loose for some time, with no change…

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