Currency Forecasts

Category: Mervyn King

Pound rises on Mervyn King comments

Friday 15th March 2013  Good afternoon. Well, we have finally seen a turnaround for Sterling’s fortunes, with exchange rates rising steadily both yesterday and today (Friday). Pound/Euro is back at 1.16 and Pound/Dollar has recovered comfortably above the $1.50 mark. …

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Will the Bank of England weaken the Pound?

Tuesday 5th March 2013 Good afternoon. After the volatility seen in exchange rates in recent weeks, this week so far has been relatively calm. The Pound/Euro rate has hovered around the 1.16 mark, with Pound/Dollar rates rising from 1.50 to 1.5120….

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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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