Currency Forecasts

Category: Sterling Gains


GBP/EUR rises to €1.22 after BoE Inflation report

Wednesday 12th February 2014 Sterling has gained significant strength today following the Bank of England’s inflation report, and the press conference by Governor Mark Carney that followed. In today’s post I will look at exactly what he said, the effect it…

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Pound gains on BoE decision to hold QE

5th November 2010Good morning. Sterling jumped to a 9 month high against the US Dollar and gained versus the euro yesterday, buoyed by a Bank of England decision to keep rates unchanged and its asset-purchasing programme on hold as we…

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Sterling exchange rates gain on Retail Sales data

20th August 2010Good morning. The pound had a good day yesterday, climbing after better than expected Retail Sales showed that consumer confidence is higher than thought. The Euro strengthened against the US Dollar, limiting GBP/EUR gains. Rates as at 08:30am…

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Why is the pound gaining against EUR, USD?

3rd August 2010Good morning. The pound rallied broadly yesterday, climbing against most major currencies. Today we’ll take a detailed look at why the pound is gaining against the Euro, and the forecast for August 2010. First the usual snapshot of…

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Sterling gains on BoE News

The pound rose across the board yesterday, after the minutes from the recent Bank of England meeting showed that all 9 members voted to keep the Quantitative Easing measures on hold, for the time being. Rates this morning are as…

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