Currency Forecasts

Category: GBP/USD


UK Inflation at 3% – what can we expect for the pound?

This mornings UK inflation figures, released at 09:30, came out at the 3% level analysts were expecting. As a result sterling has actually fallen a fraction on this mornings trading as a fall in inflation eases the pressure slightly on…

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GBP/USD at its highest level post Brexit

Sterling has today reached its highest level against the US dollar since the Brexit vote to reach just shy of 1.37. A big surge for EUR/USD has also been seen with the Euro at its highest level in nearly 3…

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GBP/EUR rates drop to €1.12 as Euro gains strength

Good morning. We’ve seen some volatility for both Pound/Euro and Pound/Dollar rates over the last 24 hours. The movements are due to events in the EU and USA however rather than any new data from the UK. Let’s take a…

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GBP/USD close to an 18 month high

Despite yesterday’s slight blip the pound is now trading at close to the highest levels against the USD since July 2016 having experienced an upturn of over 2% for the pound since just before the Christmas break, the question for…

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What might impact your currency in the run up to Christmas?

As we head into the final week before Christmas I have outlined below the major data releases to watch out for before the markets slow down for the Christmas break: – Tuesday 19th – Reserve Bank of Australia (RBA) minutes….

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