Currency Forecasts

Category: Retail Sales

Pound falls further on poor Retail Sales figures

The Pound has fallen against the Euro and US Dollar overnight, as figures showed that Retail Sales were much lower than expected. It’s a further sign that due to rising inflation and rising prices caused by a weaker Pound, consumer…

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Good news pushes Sterling higher against Euro

This morning UK Retail Sales figures were released, and they were much better than expected, showing the post Brexit period might not be as bad as analysts had predicted. Markets thought that the figure for July would only show a…

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GBP/EUR breaks €1.40 on strong UK Retail Sales

Sterling/Euro rates have today pushed through the €1.40 barrier again today, following stronger than expected UK Retail Sales data. This is the 3rd time in the last few months the pair has broken through the key 1.40 level:  The much…

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Pound/Euro rises to €1.2750 on strong UK Retail Sales

Thursday 18th December 2014 The Pound has had a good day today, particularly against the Euro. This morning we saw figures that showed UK retail sales rose at their fastest annual rate in more than 10 years last month. We were…

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Pound/Euro hits 18 month high of €1.2350

Wednesday 21st May 2014Good morning. We’ve seen further gains for the Pound this morning following very strong Retail Sales, and further speculation regarding UK interest rates. In today’s report I’ll have a look at both of these subjects in addition…

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