Currency Forecasts

Category: Theresa May

MP’s to vote on Brexit: What could happen to Pound exchange rates?

Pound exchange rates

Once again we find ourselves in limbo as far as exchange rates are concerned until we have further clarity regarding Brexit. We are expecting MP’s to vote for a third time this week on Prime Minister Theresa May’s Brexit deal….

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Sterling Forecast – what can we expect for the pound?

Sterling has started the New Year positively having reached a near 5 week high against the Euro and close to an 18 month high against the US dollar. Sterling did take a slight hit yesterday following the re-shuffle of Prime…

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GBP/EUR reaches a 6 month high to then fall away heavily in the afternoon session

Those of you that were in a position to act swiftly managed to catch sterling at its highest level against the single currency in nearly 6 months this morning. For the first time since June the pound pushed over 1.15…

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Sterling falls on political uncertainty. What else could impact the pound this week?

Sterling has had a poor open this morning, posting some heavy losses against the Euro (down to 1.1230 at the time of writing) and 1.3070 against the US dollar. Political uncertainty has again had a major impact on the value…

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Political unrest and Brexit to dominate sterling vs Euro

Sterling is once again on the back foot. Followings its resurgence from 1.07 to 1.14 in just over a month, sterling is once again is falling due to political uncertainty within the Conservative Party and on-going issues surrounding Brexit. We…

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