Currency Forecasts

Category: Foreign Exchange Forecast


Pound vs US Dollar falls on US/China trade

Pound Vs US dollar

Pound/USD Dollar falls as Dollar strengthens The currency markets were driven yesterday by developments in the ongoing trade dispute between the US and China. Over the weekend the G20 meeting resulted in a softening of trade tensions. There were meetings…

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What could impact the currency markets this week?

Ahead of the first May bank holiday weekend the currency markets are relatively quiet with parliament recently just coming back from their Easter break we have seen little Brexit news to cause much of an impact on sterling exchange rates….

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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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Pound/Euro drops again on Interest Rate uncertainty

As you can see from the chart below, GBP/EUR rates have edged lower throughout today. I pointed out in my last post that despite a slight gain for the Pound, significant downside risks remain, and that has pushed the Pound…

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Central Bankers to affect Sterling/Euro today?

Over the last few days it has been political uncertainty largely driving the Sterling/Euro pair. Today however focus shifts to comments from central bankers, and these comments have the potential to move Pound/Euro rates over the course of today. Bank…

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