Currency Forecasts

Category: Sterling Euro Forecast


GBP/EUR hits 1 month high of €1.17

Sterling had a very good day yesterday following the invocation of Article 50. We saw GBP/EUR rates touch €1.1700 overnight before dropping back into the mid €1.16’s this morning. GBP/USD rose to $1.25. That’s a 1 month high for buying…

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Pound nears €1.13 as BoE raises UK growth forecasts

In an update to my earlier post, Sterling has gained further and for the time being seems to have held on to those gains. Following this morning’s ruling that parliament will have a vote on triggering Article 50, the BoE…

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Will the Pound keep dropping against the Euro?

The Pound is continuing to fall today against the Euro today, despite a brief spike last night on the news that Mark Carney would slightly extend his term and step down after the 2 year Brexit negotiation period has ended….

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GBP/EUR falls further into the €1.17’s

Sterling/Euro exchange rates have taken another hit today, falling down to the €1.17’s, but this time it’s a strengthening Euro that has caused the drop. Here’s this week’s GBP/EUR graph: European Central Bank (ECB) strengthens the Euro Earlier, the ECB…

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Pound remains supported by robust economic data

Good morning. Sterling is still holding firm, and is currently sitting at a 1 month high vs the Euro, and nearly a 2 month high vs the US Dollar. As outlined in recent posts, it’s mainly due to some surprisingly…

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