Currency Forecasts

Category: Pound Sterling Euro forecast


GBP/EUR rises to €1.1350 after Services data

Good morning. We’ve seen the UK currency rebound this morning. I mentioned in yesterday’s post that we would see the latest UK services data today. This was released at 09:30am and was better than forecast. The number came in at…

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Pound/Euro rises above €1.18

Investors have continued to take the Pound higher today, with the Pound/Euro level now above €1.18. That’s nearly 8 cents higher from the lows of €1.1050 earlier this month. The markets have taken the autumn statement positively for the UK,…

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Pound falls sharply after ‘Brexit’ news from PM May

Good morning. After a relatively flat week for Sterling last week, we open this morning with the Pound having plunged against other currencies. Against the Euro,  rates have dipped into the low €1.14’s, and against the US Dollar, the rate…

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Pound remains supported by robust economic data

Good morning. Sterling is still holding firm, and is currently sitting at a 1 month high vs the Euro, and nearly a 2 month high vs the US Dollar. As outlined in recent posts, it’s mainly due to some surprisingly…

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