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,…

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Euro 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…

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Budget 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…

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Pound/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…

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Sterling/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…

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