Currency Forecasts

Category: Get the Best Exchange Rates


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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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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Pound continues to drop

The Pound seems to have found new direction this week, and that direction is south. Today we saw a report from the Bank of England that showed a rather mixed picture of the UK economy. It said the economy is…

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Making Regular International Overseas Payments

The market is pretty flat today, with GBP/EUR at €1.32 and GBP/USD at $1.44. There’s little market data today and therefore exchange rates are likely to remain flat. I thought I would touch on another area of the market I…

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