Currency Forecasts

Category: Public Sector Borrowing


Pound rises on good borrowing figures

UK Jobs data sends Pound up

We saw more good news about the UK economy yesterday, as Sterling benefited from much better than expected Public Sector Net Borrowing figures. The numbers showing that Government borrowing has fallen to its lowest level since 2007. The UK now…

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Pound/Euro exchange rate forecast 2013 outlook

Wednesday 23rd January 2013  Good afternoon. Right then, this afternoon I’m putting up my thoughts on what has happened this week with exchange rates, what has been moving the Pound against the Euro and other currencies, in addition to what…

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Pound/Euro rates falling. December forecast

Wednesday 21st November 2012  Good morning. In today’s post I’m going to look at the developments so far this week that have affected exchange rates, including the Bank of England minutes, UK public sector borrowing, The latest on the Greek…

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Pound vs Euro lower as markets calmer on EU debt

Tuesday 21st June 2011Good morning. Sterling has climbed against the US Dollar, but dropped against the Euro. Why? It’s because a top EU policy maker has calmed fears about stability in the region, strengthening the Euro and weakening the US…

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Sterling falls on public borrowing data

22nd December 2010Good morning. The pound fell yesterday on record high UK borrowing, and that called into question whether the government can meet its deficit cutting target. After some poor UK data, analysts said investors were concerned that the recovery…

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