Currency Forecasts

Category: Sterling Forecast

How has FED tapering affected exchange rates?

Thursday 30th January 2014 There has been some key volatility in exchange rates this week, being mainly driven by events in the USA. In today’s report I’m going to explain how the FED tapering has pushed some exchange rates higher such…

Read More

Will the Pound keep falling against the Euro?

Monday 4th February 2013 Good morning. Well readers, I’m sorry to say I do not bear good news for anyone needing to purchase Euros in the near future. Rates last week continued their decline falling significantly. A month ago rates…

Read More

Pound gains on UK growth data

27th October 2010Good morning. Sterling rallied well yesterday following much better than expected economic growth for the UK, coupled with a vote of confidence by a credit ratings agency. Rates at 08:30am are as follows: GBP/EUR 1.1440 GBP/USD 1.5768 GBP/AUD…

Read More

Sterling gains on BoE minutes short lived

19th August 2010Good morning. Sterling came off 3 week lows against the US Dollar on Wednesday as Bank of England meeting minutes dashed market speculation of a tilt toward monetary easing, but lacked momentum to sustain gains. Sterling also gained…

Read More

Sterling in focus today, as BoE minutes are due

18th August 2010Good morning. The pound slipped yesterday against both the US Dollar, Euro, and most major currencies. Low inflation figures were largely to blame. Today we’ll look at this, and also the effect this mornings BoE minutes will have….

Read More