Currency Forecasts

Category: Pound falls against Euro


Interest Rate speculation weakens Sterling

Good morning. The Pound has fallen away this week, due to speculation about when interest rates may rise in the UK. In today’s post we’ll take a look at why the Pound has fallen against the Euro, and whether the…

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GBP/EUR rates drop to €1.12 as Euro gains strength

Good morning. We’ve seen some volatility for both Pound/Euro and Pound/Dollar rates over the last 24 hours. The movements are due to events in the EU and USA however rather than any new data from the UK. Let’s take a…

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Why has the Pound fallen against the Euro?

It’s not been a good start to the week for Pound/Euro rates, with the pair now trading in the €1.15’s, 3% lower than it was just a few weeks ago: Why has the Pound fallen against the Euro? There are…

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GBP/EUR falls back to €1.17: what could move rates this week?

GBP/EUR rates rose to €1.19 last week, but as is often the case the spike was short lived. This morning, rates have retreated back to around €1.17, wiping out all of the gains we had seen and bringing exchange rates…

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Sterling goes from bad to worse

In yesterday’s post I said that there was nothing on the agenda that would move Sterling, other than continues concerns over ‘Brexit’ and this has proved to be the case. There have been no economic data releases of note today,…

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