Currency Forecasts

Category: Pounds


Pound/Euro rate rises to €1.14

Pound/Euro rates have staged a recovery today. Initially we saw the pair drop through the morning to as low as €1.13, however just before midday it started rising, and has now levelled off at €1.14 as the chart below illustrates:…

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Pound/Euro down, Pound/Dollar up…

Good morning. It’s bright sunny morning in London, and as the day gets going Pound/Euro is slightly lower due to the Budget and a strengthening of the Euro. Pound/Dollar rates however have risen due to news from the US Federal…

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Low inflation figures do little to dent the Pound

Tuesday 17th June 2014 Good afternoon. The pound dipped slightly this morning, after figures showed that inflation has fallen to 1.5% in May compared with 1.8% in April. The market had been expecting the number to be a little higher, so…

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Pound/Euro exchange rate forecast 2014

Wednesday 26th February 2014 The Pound remains quite well supported against other major currencies, however continues to fail to push any higher. This is due to the fact UK interest rates won’t be rising any time soon, and also a resurgent…

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