Currency Forecasts

Category: UK Industrial Production


Pound/Euro edges higher ahead of some important UK data

The Euro has weakened over the last 24 hours, helping push Pound/Euro rates back up to almost €1.14, helping this pair recover most of the losses we saw after the Bank of England cut interest rates last week. This move…

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Will Pound/Euro rates go back up?

Last week a gloomy Bank of England outlook pushed Pound/Euro rates into the €1.10’s, and while the rate has steadied, it hasn’t as yet managed to recover the losses. Many of our clients are asking if the rate will recover,…

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Poor UK data pushes GBP/EUR to €1.13

We’ve finally seen some movement in Pound/Euro rates following a period of the pair being stuck at the €1.14 level. In the last 24 hours we have seen the pair drop around 1 cent to the low €1.13’s: Why has…

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GBP/EUR and GBP/USD could fall further in the coming days

This morning the Pound has fallen further, dipping in to the €1.14’s against the Euro briefly before settling around €1.15. Later today there is important news from Europe that could push the rate even lower however, when the European Central…

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Sterling supported on strong Industrial & Manufacturing figures

The UK just released its latest Industrial and Manufacturing production figures, and yet again the UK has shown it’s economy is strong and resilient despite uncertainty surrounding Brexit, confounding expectations of a slowdown. Analysts had expected year on year growth…

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