Currency Forecasts

Category: Greek debt

Pound/Euro forecast; rates could drop further

Monday 26th November 2012 Good morning. The Pound/Euro exchange rate fell quite a bit last week, and the forecast is for this to continue. This is partly due to events in Europe, but also due to the fact the Bank…

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GBP recovers despite possibility of UK recession

Friday 30th March 2012Good morning. Well, what a difference a day makes. After seeing Sterling fall earlier in the week as outlined in my recent post the Pound regained ground against a beleaguered Euro yesterday, however the Pound did fall…

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Sterling & Euro strengthen on aid package, GBP/EUR down

Friday 22nd July 2011Good morning. The conclusion from the EU summit yesterday has raised confidence they would solve their debt problems, and both Sterling and the Euro are higher as a result. Sterling has hit a 5 week high vs…

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Sterling hits 15 month low vs Euro

Friday 1st July 2011Good morning. Sterling fell to a 15 month low yesterday against both the Euro and a basket of currencies, on month and quarter end selling. The Euro also gained strength after the ECB reiterated their view EU…

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Pound/Euro lower following Greek vote/ECB comments

Thursday 30th June 2011 Good morning. Following the passing of the Greek vote on austerity measures, the Euro has stabilised and this has pushed GBP/EUR rates down. Also comments from the ECB president this morning signal interest rates are going…

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