Currency Forecasts

Category: Pound weakness

Pound falls after Mark Carney speaks

Despite inflation hitting 3% as outlined in my earlier post, Mark Carney was a little dovish in his comments to the treasury select committee earlier. While he did say that the case was probably there for a rate hike in…

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Pound falls further on low inflation

Tuesday 14th October 2014Sterling has fallen by a further cent today against the Euro, with rates dropping down into the €1.25’s. Against the US Dollar, rates have dropped by 1.5 cents bring rates down into to around $1.59. What has…

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Pound falls against EUR & USD (May 2014)

Wednesday 28th May 2014 The Pound has fallen quite a bit today against both the Euro and the US Dollar. GBP/USD is now sitting at a 6 week low of $1.67, which is the biggest one day fall in 4…

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Sterling/Euro drops below €1.20

Wednesday 12th March 2014 The Pound/Euro exchange rate has continued to fall since my post last week, and has fallen below the €1.20 level for the first time this year. Several weeks ago I warned that there was a good chance…

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