Currency Forecasts

Category: UK Budget

Pound lower after budget due to USD Strength


Sterling lower after Budget The Pound is a little lower against the Euro and other currencies today. The budget was largely a non-event as is normally the case. Despite the fact that it was a generous budget and growth forecasts…

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Budget provides some respite for weakening Pound

The Pound had been drifting lower today, briefly dipping below the €1.15 mark, however the Chancellors budget has given the Pound a lift due to an upward revision in growth forecasts. Usually we don’t see the budget have much effect…

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How could the Budget affect exchange rates?

Pound/Euro rates have fallen a little further this week, and currently sit at around the €1.2750 mark.  (Click here to see live currency graphs.) There are some important things happening over the next few days that could cause further volatility…

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Pound/Euro exchange rate forecast for 2014 changes after BoE comments

Wednesday 19th March 2014It’s been a very busy day in the markets today, with UK Unemployment being released, along with the Bank of England minutes, a speech by governor Mark Carney, and of course the budget statement. This afternoon I…

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Pound falls further in what is an important week for Sterling

Monday 17th March 2014 Good afternoon everybody. The UK has been basking in unseasonable sunshine over the weekend, however Sterling has remained firmly in the shade. We have seen the Pound drop further today against the Euro and other currencies, ahead…

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