Currency Forecasts

Category: Trump


Trump comments cause a US dollar rally

With Donald Trump making his first visit to the UK as the US President his comments regarding the potential “soft Brexit” approach led to the pound falling back to a near month high against the pound. Since the beginning of…

Read More

Pound/Euro and Pound/Dollar Forecast 2017

Sterling has been given a boost this morning following the release of the latest Retail Sales figures. Markets had been expected a monthly  rise of 1% but the actual figure was more than double that, coming in at 2.3%. It’s…

Read More

USD strengthens as interest rate hike looms

We were expecting a little more volatility in the markets this morning following President Trumps speech to congress last night, but he didn’t really offer any details on his tax plans or stimulus measures as we had expected. Instead he…

Read More

Pound falls on data, Euro rises and Dollar falls on risk of currency war

Sterling fell further today, briefly dipping into the €1.15’s vs the Euro, after much weaker than expected consumer credit figures. The lower number suggest that the UK economy may finally be slowing a little after surprisingly robust performance over the…

Read More

How could the US election affect exchange rates?

Next week, the most important thing for the currency markets will be the US election. Americans go to the polls on Tuesday, with a result expected early on Wednesday morning UK time (5am or so) unless it’s very close, in…

Read More