Currency Forecasts

Category: Forward Contract

Pound/Euro rates rise to €1.1250

Yesterday was a strange one for the currency markets and GBP/EUR in particular. Initially we thought it would be central bank speeches that would be driving the market, but has often been the case recently, political events instead dominated proceedings,…

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Has Sterling now peaked against the Euro?

I mentioned in yesterday’s post that today could move the Pound higher if UK inflation numbers were higher than forecast, and that’s what we’ve just seen. A short while ago we saw the PPI come in at 3.6%, and it…

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