Currency Forecasts
Category: Pound falls vs Euro
Pound to Euro Forecast : Sterling falls on Backstop pledge
Pound to Euro Forecast – The Pound has been falling throughout trading today, following a debate yesterday evening between the Conservative leadership candidates. Both Boris Johnson and Jeremy Hunt have hardened their position on Brexit. They’ve said the backstop needs…
Read MorePound drops despite interest rate hike
Pound Drops: We have seen the Pound drop across the board this afternoon, despite the expected interest rate hike by the Bank of England. All 9 members voted for rates to go up to 0.75%. As we predicted in our…
Read MorePound falls as BoE cut interest rates as expected
As expected, the Bank of England have just cut interest rates to 0.25%, the first change in 7 years. What was not expected, was all 9 members saying they expect rates to be a 0% by the end of the…
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