Currency Forecasts

Category: UK Autumn Budget

GBP/EUR rises to €1.1750 after Autumn Statement

The Pound has reacted positively after the Chancellor Philip Hammond’s first autumn statement. GBP/EUR rates have risen by around half a cent to €1.1750 which is around the best it’s been in 2 months. GBP/USD rates had also initially risen,…

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Pound/Euro gains before dropping back to €1.26 again

Thursday 4th December 2014It’s been a busy week, but all in all we’re back to where we started with GBP/EUR rates, now sitting around the €1.26 level again. Let’s take a look at what’s been happening.  Autumn Statement causes Sterling…

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How will the Autumn Budget Statement affect exchange rates?

Tuesday 2nd December 2014There are 4 things that generally affect exchange rates like Sterling/Euro, Sterling/Dollar etc. These are: Economic figures such as unemployment numbers, interest rates, Retail sales etc. Then we have natural disasters such as floods, famine and droughts…

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