Currency Forecasts

Category: Mario Draghi


Central Bankers to affect Sterling/Euro today?

Over the last few days it has been political uncertainty largely driving the Sterling/Euro pair. Today however focus shifts to comments from central bankers, and these comments have the potential to move Pound/Euro rates over the course of today. Bank…

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Pound/Euro falls into the €1.11’s

It’s not been a particularly good week for Sterling, with it starting at €1.14, and today falling into the €1.11’s. Despite better than expected UK Retail Sales numbers, the Pound fell due to concerns over Brexit negotiations, with Liam Fox…

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Pound/Euro rates rise to €1.16

After a pretty poor few weeks for GBP/EUR rates that saw the pair drop to 3 year lows of €1.1480, yesterday saw a slight recovery. It wasn’t anything to do with Sterling, as the Pound remains weak on concerns over…

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Central Banks, Interest Rates, & Exchange Rates..

The Federal Reserve left interest rates on hold as expected last night which has given the Pound a little support, but not much.  The Pound was at a 5 week low, but has steadied a little. The FED did hint…

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Why has Pound/Euro dropped to €1.36?

Wednesday 23rd September 2015 Today the much anticipated speech by the European Central Bank (ECB) president Mario Draghi has caused the Euro to gain strength, and this has pushed Pound/Euro rates down to around €1.36 which you can see from the…

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