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…

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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…

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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….

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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…

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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…

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