Currency Forecasts

Category: Stop Loss Orders

Currency Markets remain focused on Central Bank Policy

The currency markets have seen limited reaction to the shocking terrorist attacks in Paris, and focus remains on central bank policy. Sterling/Euro rates still remain supported around the 8 year high, and at the time of writing sits at €1.4250….

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Sterling hits €1.21 but falls back away….

Monday 2nd December 2013 Good afternoon. Well in my post late on Friday I highlighted the spike in Pound/Euro rates. This actually continued over the weekend, and when I arrived on the trading floor at 08:00am this morning mid-market levels were…

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Pound/Euro rates €1.19, close to best all year

Tuesday 5th November 2013Good afternoon. We have seen Sterling continue to strengthen this week, and exchange rates are now very close to the best they have been all year. The main reason for the increase is the strongest services sector…

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Pound/Euro rates jump to 2 week high of €1.18

Friday 1st November 2013 Good morning.  It’s only been 2 days since my last post, but things can move very quickly in the currency markets. For most of this week exchange rates have been very stable, however yesterday was saw some…

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Why has the Pound stopped rising against the Euro?

Wednesday 23rd October 2013 Good afternoon. Sterling remains a little weak against other major currencies, and is in the low €1.17’s against the Euro. This is mainly due to the single currency gaining strength due to more optimism, and effects…

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