Currency Forecasts

Category: Foreign Exchange Rate forecasts


Sterling moves higher on Services data

The Pound has risen this morning after better than expected UK Services Data. The number was better than the last release, and also beat analysts forecasts coming in at 55.00 showing expansion in the sector. Services dominate the UK economy,…

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Pound falls on data, Euro rises and Dollar falls on risk of currency war

Sterling fell further today, briefly dipping into the €1.15’s vs the Euro, after much weaker than expected consumer credit figures. The lower number suggest that the UK economy may finally be slowing a little after surprisingly robust performance over the…

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Sterling losing it’s gains and starting to drop

The Pound has been slipping away throughout trading today, and Brexit continues to be the main driver for Sterling. At the moment it’s all to do with talk of a transitional deal to ensure that if it takes more than…

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Pound remains stable, Oil prices affecting commodity currencies

Sterling remains suck at just below €1.16 vs the Euro and a little below the $1.30 mark vs the US Dollar. Yesterday one of the Bank of England policy makers hinted that there may well be the case for a…

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Sterling/Euro rates fall as BoE warn of further stimulus

Sterling/Euro rates have dropped to around the €1.17 mark this morning, due to comments by one of the Bank of England (BoE) Monetary Policy Committee (MPC) members warning of further stimulus. He was quoted in the Times saying that the…

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