Currency Forecasts

Category: Pound


Sterling rallies through 1.41

This morning sterling has rallied to a fresh post Brexit high of 1.4120. It has come back a little to settle in the high 1.40s but still a significant move. We have now seen the pound rally nearly 4.5% in…

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Poor retail sales for December halts the pounds charge

Following this mornings poor UK retail sales data sterling has taken a slight tumble against most of its major counterparts. In particular the loss has been felt the hardest against the US dollar with the pound falling from a high…

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UK Inflation at 3% – what can we expect for the pound?

This mornings UK inflation figures, released at 09:30, came out at the 3% level analysts were expecting. As a result sterling has actually fallen a fraction on this mornings trading as a fall in inflation eases the pressure slightly on…

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GBP/USD at its highest level post Brexit

Sterling has today reached its highest level against the US dollar since the Brexit vote to reach just shy of 1.37. A big surge for EUR/USD has also been seen with the Euro at its highest level in nearly 3…

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Sterling Forecast – what can we expect for the pound?

Sterling has started the New Year positively having reached a near 5 week high against the Euro and close to an 18 month high against the US dollar. Sterling did take a slight hit yesterday following the re-shuffle of Prime…

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