Currency Forecasts
Category: Non-Farm Payrolls
Super Thursday: Crucial day for Sterling
It’s been a rather quiet end to the week with nothing of note from the UK. Sterling looked like it was supported a little after the local elections, with the Conservatives doing a little better than expected, but it hasn’t…
Read MoreLow US jobs numbers surprise currency markets
A short time ago the USA released it’s ‘Non-Farm Payrolls’ figures, and this has caused some large swings in both GBP/EUR and GBP/USD. The report shows the number of new jobs created, excluding the agricultural sector as that’s seasonal. It’s…
Read MoreGBP/EUR & GBP/USD moves on jobs data
***update on jobs data*** This morning I posted about the US Non-Farms Payroll data. As I explained, the actual number is often very different from forecast. The forecast was for 180,000 new jobs to have been created, but the actual…
Read MoreGBP/EUR falls further, and US jobs data to affect GBP/USD
Sterling/Euro continues to fall We saw a sharp fall in GBP/EUR rates yesterday as I outlined in my last post, and this morning rates have continued to fall. A quick look at the chart below shows you that we’ve dropped…
Read MoreWhy has Pound/Euro fallen to €1.34?
Friday 2nd October 2015The Pound/Euro rate has fallen sharply today, dropping from €1.36 to €1.3450 as you can see from the chart below: Why has the Pound fallen against the Euro? It was actually due to data from the United…
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