Currency Forecasts

Category: Sterling/Dollar

Sterling falls on signs of slowing economy

It looks like the Pound’s rally has finally run out of steam. A significant rise throughout the year so far has seen GBP/EUR rates reach as high as €1.17+ which is the best we have seen in over 21 months….

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Sterling continues to fall against Euro and US Dollar

It’s not been a good start to 2016 for the Pound, and in the last 24 hours we have seen Sterling drop significantly further against both the Euro and US Dollar, as the charts below show. GBP/EUR in particular has…

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Pound recovers over interest rate confusion

Monday 18th August 2014 Things can move very quickly in the currency markets, and the Pound has recovered some of its losses today. So what has caused the Pound to rise? Strangely it is exactly the same as what caused it…

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This week’s data that could affect exchange rates

Monday 28th April 2014Good morning. Today I will give a brief outline of how Sterling exchange rates start the week, and then I’ll list all the economic data releases that I think will affect currency prices this week.  Let’s start…

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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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