Currency Forecasts

Category: Pound/Euro rises


Pound/Euro rate rises to €1.14

Pound/Euro rates have staged a recovery today. Initially we saw the pair drop through the morning to as low as €1.13, however just before midday it started rising, and has now levelled off at €1.14 as the chart below illustrates:…

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China trade figures push GBP/EUR higher

Pound/Euro rates are up to €1.26 today, and the reason for this is weakness in the single currency. This morning we saw some very decent Chinese trade data, and this indicates that their economy may finally be stabilising. This has…

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