Currency Forecasts

Category: Pound Forecast


Pound steadies as May wins confidence vote; what next for Sterling?

GBPEUR

Good morning. After a tumultuous week for UK politics, Theresa May has won the vote of confidence, and the currency markets have settled down somewhat. Sterling hasn’t surged on the result, but has steadied a little from the lows we…

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Pound lower after budget due to USD Strength

GBPEUR

Sterling lower after Budget The Pound is a little lower against the Euro and other currencies today. The budget was largely a non-event as is normally the case. Despite the fact that it was a generous budget and growth forecasts…

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Super Thursday: Crucial day for Sterling

It’s been a rather quiet end to the week with nothing of note from the UK. Sterling looked like it was supported a little after the local elections, with the Conservatives doing a little better than expected, but it hasn’t…

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€ Up, $ Down, £ Flat….

Euro up  Yesterday we saw GBP/EUR rates slip away around 1 cent to the €1.17 mark. The reason for the fall was the Euro gaining strength and becoming more expensive to purchase as it rose in value. The catalyst for…

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