Currency Forecasts

Category: Pound weakening


Budget provides some respite for weakening Pound

The Pound had been drifting lower today, briefly dipping below the €1.15 mark, however the Chancellors budget has given the Pound a lift due to an upward revision in growth forecasts. Usually we don’t see the budget have much effect…

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GBP/EUR rates recover as Euro weakens

The last few months have not been kind to Sterling, and last week the Pound was at 7 year lows against most currencies, due to the fears of a ‘Brexit’ which I’ve explained in recent posts. We have seen a…

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