Currency Forecasts

Category: Pound/Euro


GBPEUR lower after Commons vote

Good morning. GBPEUR has drifter lower this morning after yesterdays Commons vote. The government averted a Rebellion by pro-EU MPs by offering a meaningful vote on the final deal agreed with the EU. This meant they could overturn a series of amendments made…

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Sterling moving higher ahead of Brexit vote

Today MPs are taking part in a debate ahead of a Brexit vote tomorrow. Specifically, they are voting on amendments by the house of Lords that want to make changes to the Brexit withdrawal bill. It was looking like perhaps the…

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Key Brexit Dates: How could this affect GBP/EUR?

Once again sterling has had a relatively quiet week against the Euro. Could this change next week? Below, courtesy of the BBC, you can see an extensive timeline of key dates regarding on-going Brexit negotiations. With the pound falling yesterday following…

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Pound/Euro rises by 0.5% after strong UK Services data

Pound/Euro rates have recovered by half a point this morning. The gains have reversed the fall into the €1.13’s that we saw yesterday. Yesterday’s drop came after some poor manufacturing numbers. However this morning, rates have picked back up again into the mid €1.14’s. This…

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Pound/Euro rises to €1.15

Sterling/Euro rates have started the week very well, rising to €1.15 which is around the highest we have seen this paid since June last year. In today’s post, we’ll take a look at what economic data releases due for the…

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