Currency Forecasts

Category: Market Data

Why has Pound fallen against Euro? JUL/AUG 2013

Wednesday 31st July 2013Good afternoon.  Sterling has not had a very good run in the last few weeks, and exchange rates have continued to fall since my last post. This is a bit of a surprise, as the most recent…

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Weekly GBP/EUR & GBP/USD forecast

In this week’s Report: • Pound vs. US Dollar hits 17 month high • Investors cool to dismal UK consumer confidence data • Sterling remains near 1 year low vs. Euro • Round up of the week’s data that may…

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Pound falls again on weak data

21st September 2010Good morning. Sterling hit a seven-week low against the euro on Monday after a raft of weak economic numbers highlighted a sluggish UK economic recovery. Today we’ll have a quick look at why GBP/EUR has fallen, and also…

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Sterling falls against stronger Euro

30th July 2010Good morning. Sterling to Euro rates fell yesterday throughout the day, dropping from €1.20 down to the low €1.19’s. The reason for the fall was better than expected confidence data from the EU, which strengthened the single currency…

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How will the budget affect exchange rates?

Good morning. Rates remain fairly unchanged as markets await the emergency budget from the UK tomorrow. Today we’ll look at the effects of the budget on the pound, and a breakdown of the weeks data. At 08:30am this morning, rates…

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