Currency Forecasts
Category: Get the Best Exchange Rates
Pound/Euro hits 8 week high of €1.1360
Sterling has strengthened further this morning, after one of the Bank of England members said in a speech that a rate hike would be needed soon, confirming what the MPC said yesterday. What is interesting is that this particular member,…
Read MoreEuro gains strength on Dutch election result
GBP/EUR falls after defeat for Geert Wilders The Euro has gained strength following the Dutch election result, which saw a comfortable victory for the Prime Minister, with the far right candidate Geert Wilders unable to capitalise on an early lead…
Read MoreBudget provides some respite for weakening Pound
The Pound had been drifting lower today, briefly dipping below the €1.15 mark, however the Chancellors budget has given the Pound a lift due to an upward revision in growth forecasts. Usually we don’t see the budget have much effect…
Read MorePound/Euro rises on BoE comments
Good morning. We’ve seen a decent spike in GBP/EUR rates over the last 24 hours rising from €1.16 to €1.1750 which is the level we were at around a week ago: Why have Pound/Euro rates gone up? It was due…
Read MoreSterling/Euro fails to break resistance levels
Last week was a largely positive one for Sterling/Euro rates, with the pair recovering its losses from earlier in the month. The rate climbed to around the €1.18 mark before dropping away on Friday: The gains were due to a…
Read More
RSS
