Currency Forecasts

Category: QE

GBP/EUR rises slightly after ECB announcement

Sterling initially fell against the Euro today following a poor report about UK Retail Sales, and this pushed GBP/EUR into the mid €1.11’s. However following the European Central Bank policy announcement, rates have recovered to €1.1233 at the time of…

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GBP/EUR drops to €1.1750 ahead of ECB meeting today

Pound/Euro rates have slipped back away this week, and currently sits between €1.17 and €1.18, the range within which it was stuck for the latter part of November: Sterling has weakened after Parliament voted last night to stick to the…

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When will the Pound go back up against the Euro?

Pound/Euro rates have stabilised a little, after a dire start to October. At the time of writing GBP/EUR is just below €1.11. The Pound has been falling due to concerns about the UK giving up access to the single market,…

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GBP/EUR rates recover slightly, but will it last?

The Pound has recovered a little today. After starting the London session at around €1.13 vs the Euro, we have seen Sterling steadily rise throughout the afternoon, and we’re now just below €1.14. While this is good, it’s still significantly…

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GBP/EUR hits 5 year low as Euro gains strength

GBP/EUR rates have now dropped to the mid €1.13’s this afternoon which is the lowest we’ve seen the pair in over 5 years. This time it isn’t due to the Pound or Brexit, but rather a strengthening of the Euro….

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