Currency Forecasts

Category: UK GDP


Pound Sterling Forecast – 0.3% GDP moves Pound higher

Pound Sterling Forecast

Pound Sterling Forecast – Today at 09:30am the UK released a raft of economic data. Industrial and Manufacturing production both came in marginally below forecast. The expected figure was low anyway so it’s had little effect on Sterling. They key…

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Pound drops after 0.1% GDP figure

What goes up, must come down. Yesterday we saw GBP/EUR rates break through €1.15 again, however these levels have proved to be short-lived. This morning UK GDP figures were released, showing the economy grew at just 0.1% in the last…

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What might affect the pound for the rest of the week?

Sterling yesterday continued its turbulent run pushing as high as 1.1373 but tailed off to finish the day at 1.1325 against the Euro. This morning the pound has dipped further, briefly falling back into the 1.12s but has now settled…

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Pound/Euro higher after strong UK GDP growth

GBP/EUR up on UK GDP figures Sterling/Euro has recovered its losses from the last few days, rising back to €1.12. The reason for the gain was this morning’s UK GDP figures which came in above forecast at 0.4% for the…

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UK GDP figures the focus for the pound today

Sterling has started the day on the back foot against most majors, posting losses against the Euro and US dollar. This comes ahead of this mornings latest UK Gross Domestic Product (GDP) data at 09:30. Figures month on month are…

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