Currency Forecasts

Category: GBPEUR Forecast


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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Why is the Pound falling?

Sterling has fallen today after the Bank of England released its inflation report, interest rate decision, and press conference. While they raised the growth forecast for the UK as expected, they saw the economy slowing in 2018, and the reason…

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Stering recovers back to €1.1650

The Pound has recovered this morning after yesterdays fall. It turns out the ‘leaked government memo’ was actually from consultancy firm Deloitte and had no input from number 10 or indeed any government department. The Pound has also received a…

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Positive Economic News for Britain, but Sterling moves lower

Yesterday saw some good news stories for UK Plc. Firstly growth for the last quarter beat forecasts, coming in at 0.5%. Before the referendum, the OBR predicted a ‘Leave’ vote would see Q3 growth at -0.1% and a ‘Remain’ vote…

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