Currency Forecasts

Category: Forward Contracts


Weekly GBP/EUR forecast, and the weeks data

14th May 2012Good morning. Well, last week was one of the busiest I have seen on the trading floor for some time. With Euro weakness pushing rates to €1.25, many of my clients were keen to fix rates for both…

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Pound vs Euro rates surge up August 2011

Tuesday 2nd August 2011Good morning. Sterling fell yesterday after poor manufacturing data, however as we’ll see in a moment the US debt problems have resulted in GBP/EUR rates surging, nearly at €1.15 this morning. We’ll look at the reasons for…

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Interest Rates and effect on exchange rates

Thursday 7th July 2011Good morning. Today is the busiest and probably most important day of the week. Starting in the UK, we have various measures of manufacturing and industrial production, and also a GDP estimate. We will also see the…

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Will Pound fall lower vs Euro? Forecast July 2011

Tuesday 5th July 2011 Good morning. The markets remained flat yesterday with markets closed in the USA for Independence day. Sterling remained near it’s 15 month low vs the Euro still due to interest rate differentials. At 08:30am this morning…

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Poor Retail Sales hurts Sterling, but Greek debt supports GBP/EUR

17th June 2011Good morning. Sterling fell slightly during trading yesterday, after Retail Sales figures were very disappointing indeed, and this weakened the Pound. It’s very clear that the Bank of England will not be raising interest rates for some time,…

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