Currency Forecasts

Category: FED


US dollar surge halted

In the past 24 hours we have seen a significant swing for cable (GBP/USD) with the high/low range from 1.4095 to 1.38 or just over a 2% spread. Much of the movement came following yesterday afternoons inflation data which in…

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UK GDP figures the focus for the pound today

Sterling has started the day on the back foot against most majors, posting losses against the Euro and US dollar. This comes ahead of this mornings latest UK Gross Domestic Product (GDP) data at 09:30. Figures month on month are…

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Sterling posts losses against the US dollar

Sterling has had a poor run over the lat few days against the US dollar having fallen four cents in the last 10 days – cable is now trading at a near three week low.  Sterling has been on the…

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GBP/EUR, GBP/USD, GBP/CAD forecast 2017

Pound/Euro back in the €1.13’s Those that need to buy Euros will be pleased as the GBP/EUR rate has recovered from yesterday’s lows of €1.1173. The jobs data I mentioned in yesterdays report was the catalyst for the Pound fighting…

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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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