Currency Forecasts

Category: forecasts


GBP/EUR rates drop to €1.12 as Euro gains strength

Good morning. We’ve seen some volatility for both Pound/Euro and Pound/Dollar rates over the last 24 hours. The movements are due to events in the EU and USA however rather than any new data from the UK. Let’s take a…

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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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Pound steadies ahead of Retail Sales tomorrow

The Pound has slipped a little today but has found it’s feet at around the €1.15 level. With Article 50 coming a week today initially Sterling had started to drop away, but has been supported in the last few days…

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Why has Pound/Euro rate fallen?

Sterling had held on to last weeks gains yesterday, however this morning we’ve seen the rate drop from 1.1650 to just below 1.15. The reason for the fall is a leaked memo reported by the BBC and the Times, that…

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Pound plummets on ‘Brexit’ fears

Things seem to be going from bad to worse for the Pound I’m afraid, with Sterling having a very poor start to the week. GBP/EUR rates dropped into the €1.28’s during trading yesterday. Today we saw a slight recovery to…

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