Currency Forecasts

Category: FX Stop Loss Order

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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GBP/EUR hits €1.2940 as polls support ‘Remain’ vote

The Pound has risen again today (Wednesday) after the Evening Standard announced earlier that a poll they commissioned by Ipsos-Mori showed that 55% of those asked now support the UK remaining in the EU. 37% indicated they want to leave,…

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Volatile weeks ahead for foreign exchange rates

Wednesday 6th May 2015After a tumultuous end to last week for the Sterling/Euro pair, yesterday we saw rates remain within a 1 cent range between 1.3550 and 1.3650. This still represents a large cost difference when buying a large amount…

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Pound/Euro exchange rate forecast outlook 2013

Wednesday 19th June 2013 Good afternoon. Sterling exchange rates have fallen back away from recent highs, after high UK inflation numbers and a strengthening Euro. In today’s post I’ll have a look at recent market movements in more detail, and also…

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BoE upgrade UK growth forecasts / Currency Forecast

Thursday 16th May 2013 Good afternoon. Sterling Exchange rates remain fairly stable, with GBP/EUR sat just above €1.18 and GBP/USD around $1.5250 at the time of writing. The Pound is being supported by robust UK data, including the upgraded economic growth…

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