Currency Forecasts

Category: Forecast


July Currency Forecast: GBP, EUR, USD, AUD, CAD

Monthly July Currency Focus: GBP Undermined by Political Uncertainty Good morning. In today’s post I’ll take a look back to see how some of our most commonly traded currencies performed in June, and what we might see happen in July….

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Pound falls further as Boris gets closer to number 10

GBPEUR

Despite a slight uptick in GBP/EUR rates earlier this week, the downard trend for the Pound has now returned, and we have seen the Pound fall further. Pound/Euro rates have now dipped in to the €1.11’s, while Pound/Dollar rates are…

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Need to Buy Euros? Will the rate get better?

Best Exchange Rates

Pound/Euro rates weakened further last night, as the Euro gained strength and became more expensive to buy. As we thought, the EU Council meeting was dominated by migration talks. It looks like the EU have come to an agreement on…

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Monthly update for GBP, EUR, USD, AUD, NZD, CAD

Monthly Currency Focus: GBP Down on Brexit Concerns, USD Boosted by Fed Hike Hopes We’ve seen some pretty notable movement in the currency market over the last few weeks, with the Pound falling from its best levels amid ongoing Brexit…

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How could UK Employment figures tomorrow affect Sterling?

Pound/Euro rates remain firm at around €1.14 level, and Pound/Dollar rates were above $1.40 earlier, the highest since the referendum, but have slipped back ever so slightly this afternoon into the $1.39’s. Decent growth forecasts for the UK on Monday…

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