Currency Forecasts

Category: Mark Carney


Stock market correction lends support back to the pound. What could happen to sterling exchange rates?

Following Mondays bleak day for global stocks in which the Dow Jones fell by 4.6%, its largest daily loss since 2011, markets have made some what of a recovery lending support back to the pound. In particular we have seen…

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What might impact your currency in the run up to Christmas?

As we head into the final week before Christmas I have outlined below the major data releases to watch out for before the markets slow down for the Christmas break: – Tuesday 19th – Reserve Bank of Australia (RBA) minutes….

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Sterling falls on political uncertainty. What else could impact the pound this week?

Sterling has had a poor open this morning, posting some heavy losses against the Euro (down to 1.1230 at the time of writing) and 1.3070 against the US dollar. Political uncertainty has again had a major impact on the value…

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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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GBP/EUR continues postive move ahead of Mark Carney’s speech tomorrow

Sterling has continued its recent resurgence against the euro pushing through 1.14 and reaching a high of 1.1432, just shy of  4 month high. This comes ahead of a key speech from Bank of England governor Mark Carney who will…

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