Currency Forecasts

Category: Pound/Dollar

Pound rises after Cabinet re-shuffle

Pound/Euro rises to €1.1350 The Pound/Euro rate has risen to €1.1350 over the last 24 hours, strengthening on optimism that Brexit talks will make progress this year. There were some concerns that the government re-shuffle might weaken the Pound, but…

Read More

Pound/Euro, Pound/Dollar, and what week ahead has in store for Sterling

Good morning. Pound/Euro rates remain largely flat, with the pair stuck between €1.12 and €1.13 as it has been for some time. Whilst economic data from the UK continues to be quite good, it’s not doing much to strengthen the…

Read More

What could move exchange rates this week?

Sterling/Euro rates have slipped further today dropping to €1.13, around 1 cent below last week’s 3 month high. The Pound started to fall after some UK manufacturing data came in below forecast. Sterling/Dollar has also fallen by around 1 cent….

Read More

GBP/EUR hits €1.14 – could it rise further?

GBP/EUR rates broke through €1.14 earlier today, but have been unable to hold on to the gains. The market hit resistance at that level and has not managed to rise any further. Given the 6% gain for Pound/Euro this months…

Read More

What could move Pound/Euro rates this week?

It’s been a pretty quiet start to the week, with most major exchange rates largely unchanged. Pound/Euro rates have managed to recover slightly from €1.11 to €1.12, due to slightly worse than expected EU PMI numbers yesterday, making the single…

Read More