Currency Forecasts

Category: Predictions


GBP/EUR rates drop to €1.12 as Euro gains strength

Good morning. We’ve seen some volatility for both Pound/Euro and Pound/Dollar rates over the last 24 hours. The movements are due to events in the EU and USA however rather than any new data from the UK. Let’s take a…

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GBP/EUR, GBP/USD, GBP/CAD forecast 2017

Pound/Euro back in the €1.13’s Those that need to buy Euros will be pleased as the GBP/EUR rate has recovered from yesterday’s lows of €1.1173. The jobs data I mentioned in yesterdays report was the catalyst for the Pound fighting…

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Interest Rate Co-ordination and effect on exchange rates

For the past month Pound/Euro rates have been stuck in a range half a point either side of €1.1350. The last week has seen a little more volatility, with mixed messages from central banks whipsawing the rate as low as…

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How could French and Dutch elections affect GBP/EUR?

Sterling/Euro rates have fallen to the lowest in nearly 2 months, and the Pound was unable to recover the losses we saw last week following weaker than expected Services data on Friday. After many weeks with this pair stuck at…

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Why has Pound/Euro rate fallen?

Sterling had held on to last weeks gains yesterday, however this morning we’ve seen the rate drop from 1.1650 to just below 1.15. The reason for the fall is a leaked memo reported by the BBC and the Times, that…

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