Currency Forecasts

Category: IMF

GBP/EUR hits €1.42 as Greek rescue falls apart

Wednesday 15th July 2015In a new twist to the ongoing Greek saga, last night the IMF released a statement saying that they don’t think the proposed bailout goes far enough. Effectively, this is a warning that the IMF will not…

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Pound falls against Euro after poor economic data

Monday 14th October 2013 Good afternoon all. Well what a difference a week can make! The change in the weather in the UK has been mirrored by a change in the fortunes of the Pound. In Britain we seem to have…

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Pound/Euro forecast April/May 2013 ahead of UK GDP figures

Monday 22nd April 2013  Good afternoon. Since my post last week, there has continued to be volatility in the currency markets. Mid-week last week we saw poor UK Retail Sales and unemployment data weaken the Pound, causing exchange rates to…

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Pound/Euro forecast: recovers on Greek worries

24th May 2012Good morning. It’s been yet another volatile week for Sterling/Euro exchange rates. Early in the week the Pound weakened off, falling into the €1.23’s. This was due to concerns by both the Bank of England and IMF on…

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Pound down vs Euro ahead of BoE minutes

Wednesday 20th July 2011Good morning. Sterling rose against a weaker US Dollar yesterday, but fell against the Euro ahead of today’s BoE minutes which could hurt the Pound further. Also buried in the news under the hacking scandal was the…

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