Currency Forecasts

Category: GBPEUR Forecast


GBP/EUR up, GBP/USD down…

Sterling/Euro pushes higher, and could rise further today Pound/Euro rates have settled in the low €1.14’s today. The main reason for the slight uptick in rates is solid jobs data from the UK yesterday, that came in as forecast. The…

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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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Inflation numbers weaken Sterling

This morning UK inflation came in at 2.6%, slightly less than the expected 2.7%. This might not sound like much, but it significantly decreases the chance of the Bank of England raising interest rates this year. In turn, the lower…

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Pound/Euro rate rises to €1.14

Pound/Euro rates have staged a recovery today. Initially we saw the pair drop through the morning to as low as €1.13, however just before midday it started rising, and has now levelled off at €1.14 as the chart below illustrates:…

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Will the Pound rise or fall this week?

What moves exchange rates?  The four mains things are Economic data, political events, natural disasters and acts of war. Some of these are by their nature totally unpredictable, however economic data releases are known and forecast in advance. While it’s…

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