Currency Forecasts

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Sterling falling as Brexit deal is rejected

Yesterday’s EU summit has not gone well for Theresa May. Last night EU leaders rejected her chequers plan, causing the Pound fall as you can see from the chart below: To be honest, this was the only likely outcome. May…

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Sterling supported by strong Retail Sales

The Pound tailed off yesterday slightly against the Euro, but has bounced back strongly this morning. Theresa May’s speech last night to EU leaders didn’t excite the markets much, with GBP/EUR starting the day at around €1.1250. This morning however…

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GBP/EUR nears €1.13

Inflation numbers bolster Sterling The Pound has risen against the Euro and other currencies this morning, thanks to a higher than expected inflation reading. They key measure of Consumer Price Index (CPI) came in at +2.7%. The markets were only…

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GBP, USD, EUR and AUD exchange rates forecast

Good morning and I hope you had a nice weekend? As usual for the first update of the week at currencyforecasts we will provide an overview of key data releases this week and how they could impact GBP, USD, EUR and…

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September Forecast and outlook for GBP, EUR, USD, AUD, CAD

Good afternoon. We’ve seen Pound/Euro rates dip slightly today, after the Euro strengthened following comments from the European Central Bank president.  In today’s post, I’ll give an overview and forecast for the main currencies we trade, including Sterling, Euro, US…

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