Currency Forecasts

Category: Poor UK data


Pound falls slightly on signs of slowing economy

As Theresa May enters crunch talks with Brussels, the Pound falls and has had a rather poor start to the week.  For a change it’s economic data releases that have moved the Pound rather than the on-going Brexit saga. Of…

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Poor UK data pushes GBP/EUR to €1.13

We’ve finally seen some movement in Pound/Euro rates following a period of the pair being stuck at the €1.14 level. In the last 24 hours we have seen the pair drop around 1 cent to the low €1.13’s: Why has…

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Poor economic figures push Sterling lower

A raft of economic data was released earlier this morning, and it has weakened the Pound, ending the decent run of strength for Sterling over the course of the last week. The numbers were all worse than expected, showing that…

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Pound vs Euro rates surge up August 2011

Tuesday 2nd August 2011Good morning. Sterling fell yesterday after poor manufacturing data, however as we’ll see in a moment the US debt problems have resulted in GBP/EUR rates surging, nearly at €1.15 this morning. We’ll look at the reasons for…

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