Currency Forecasts

Category: Predictions

This week’s data that could affect exchange rates

Monday 28th April 2014Good morning. Today I will give a brief outline of how Sterling exchange rates start the week, and then I’ll list all the economic data releases that I think will affect currency prices this week.  Let’s start…

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Pound/Euro up after Unemployment data. What next for Sterling?

Wednesday 16th April 2014 The Pound has surged higher today, after the latest UK unemployment figures were released. These showed that the jobless rate has dipped below 7%, the first time we’ve seen that for 5 years. As a result, Sterling…

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Sterling/Euro €1.21 & Sterling/Dollar $1.6740

Tuesday 15th April 2014 Sterling is holding firm above €1.21 against the Euro, and has risen to $1.6740 vs the US Dollar. The Pound has however remainder relatively range-bound this week without pushing much higher than that. Its 2 things…

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Will Pound go up or down against Euro this week?

Tuesday 18th  March 2014The Pound has fallen again today, dropping as low as €1.19 before settling at that level. There hasn’t been any data of note from the UK today, so this is simply the market positioning itself ahead of…

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Pound/Euro & Pound/Dollar exchange rate forecast

Wednesday 27th November 2013There has been some volatility on the currency markets this week, with the Pound initially losing value causing exchange rates to drop. This trend however was reversed today after some strong UK data has given strength back…

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