Currency Forecasts

Category: GBP/EUR


Will Bank of England raise interest rates this week?

On Thursday this week, the Bank of England’s Monetary Policy committee will decide whether to raise interest rates from their current 0.5%. In my post yesterday I said that it’s unlikely that they would change this, however I now think…

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Pound, Euro and Dollar Forecast for the week ahead

Good morning. The coming week is an important one for the currency markets. We have some important economic releases from the Eurozone that could affect the value of the Euro. In the UK we have the quarterly ‘Super Thursday’ releases…

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What could move GBP exchange rates this week?

Exchange Rates

Good morning. In today’s post, I’ll take a look at what data releases are due this week that could affect Sterling exchange rates. Some key events include UK growth figures on Friday, and speeches by various central bank members. A very…

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GBPEUR lower after Commons vote

Good morning. GBPEUR has drifter lower this morning after yesterdays Commons vote. The government averted a Rebellion by pro-EU MPs by offering a meaningful vote on the final deal agreed with the EU. This meant they could overturn a series of amendments made…

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Sterling moving higher ahead of Brexit vote

Today MPs are taking part in a debate ahead of a Brexit vote tomorrow. Specifically, they are voting on amendments by the house of Lords that want to make changes to the Brexit withdrawal bill. It was looking like perhaps the…

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