Currency Forecasts

Category: Pound Sterling Euro forecast


Pound/Euro rises to €1.15

The Pound has had a very strong week, rising every day. The reasons for the gains is the fact that there is more and more optimism that a Brexit deal is going to finally be agreed this week. There are reports…

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Pound falls slightly ahead of Brexit meeting

Good morning. Sterling has fallen slightly today ahead of the key EU Brexit meeting that starts today. The reason however was due to old fashioned economic data. UK inflation numbers were released this morning, coming in quite a bit below…

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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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