Currency Forecasts

Category: Sterling/Euro


Sterling recovers slightly on BoE comments

Sterling found a little much-needed support today, on speculation that maybe the Bank of England will raise rates soon after all. There’s been a little uncertainty recently, with some members of the MPC wanting to raise rates, and other wanting…

Read More

Brexit talks cause volatility for the Pound.

It’s been an interesting Monday for the Pound, with exchange rates proving to be very volatile due to Brexit talks and rumours of a deal. This morning, there was talk that a deal was going to be announced, and Sterling/Euro…

Read More

Strong UK data supports the Pound

Strong UK data supports the Pound Sterling has risen both yesterday and today following some robust UK data that increases the chance of interest rates going up. Firstly, the Office for National Statistics revised up Friday’s UK jobs numbers, after…

Read More

Will Pound/Euro exchange rate improve?

Sterling remains at pretty good levels against our 2 most commonly traded currencies, the Euro and the US Dollar. Since the announcement of the UK general election the Pound has risen by around 5%. This is because the likelihood is…

Read More

Pound falls further on Referendum worries and interest rates

Sterling has continued to fall against the Euro and Dollar this week, falling to €1.2650 and $1.3920 respectively. The fact that Boris Johnson has announced his support for Britain exiting the Euro has lent weight to the ‘leave’ campaign, and…

Read More