Currency Forecasts

Category: Services Sector


GBP/EUR rises to €1.1350 after Services data

Good morning. We’ve seen the UK currency rebound this morning. I mentioned in yesterday’s post that we would see the latest UK services data today. This was released at 09:30am and was better than forecast. The number came in at…

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Sterling has strong end to the week

We have seen a decent end to the week for the Sterling. GBP/EUR has pushed back into the €1.14’s, and GBP/USD is back in the $1.33’s. Despite todays gains however, when you look back at the charts for the week,…

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Sterling stable ahead of FED decision

The Pound has stabilised a little today helped by slightly better Public borrowing data. It hasn’t helped a great deal however, and Sterling currently sits around the mid €1.16’s vs the Euro and $1.30 vs the US Dollar. (view live…

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