Currency Forecasts

Category: Quantitative Easing

Pound falls as BoE cut interest rates as expected

As expected, the Bank of England have just cut interest rates to 0.25%, the first change in 7 years. What was not expected, was all 9 members saying they expect rates to be a 0% by the end of the…

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Pound/Euro exchange rate forecast

Sterling/Euro rates fall ahead of ECB meeting this week  Pound/Euro rates have recovered in the last week, partly due to some positive UK employment data, but also due to speculation the European Central Bank (ECB) may announce further stimulus this…

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Pound/Euro rises on ECB comments

Thursday 3rd September 2015After falling 9 cents in the last month, Sterling/Euro rates have staged a slight recovery today, pushing back above €1.37 as you can see from the chart below:  ECB cuts inflation and growth forecasts  The reason for…

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Pound falls away from 6 year high vs Euro

Thursday 2nd October 2014 The Pound has fallen quite sharply today, falling from 1.2875 to 1.2750 against the Euro. Against the US Dollar we have seen rates fall from 1.6250 to 1.6125. What’s been going on?  Pound/Euro drops as single currency…

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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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