Currency Forecasts

Category: Uncategorized


What could affect GBP in the coming weeks?

Good morning. The Pound has steadied a little, after Theresa May has delayed the meaningful vote in parliament until mid-January. This gives her a little more time to try and seek concessions from the EU, in order for Parliament to…

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Pound steadies as May wins confidence vote; what next for Sterling?

GBPEUR

Good morning. After a tumultuous week for UK politics, Theresa May has won the vote of confidence, and the currency markets have settled down somewhat. Sterling hasn’t surged on the result, but has steadied a little from the lows we…

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UK Prime Minister faces a no confidence vote

Theresa May will face a vote of no confidence in her leadership after the 48 letters required calling for a contest were delivered.  Mrs May is expected to make a statement this morning ahead of the no confidence vote scheduled…

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Detailed forecasts for: Sterling (GBP), Euro (EUR), US Dollar (USD), Australian Dollar (AUD), Canadian Dollar (CAD).

Good afternoon. Regular readers will be aware that Brexit remains the main story for Sterling exchange rates, with the political uncertainty causing the Pound to fall to 18 month lows against the Euro and US Dollar. In today’s post, I’ll…

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Pound falls as Brexit vote could be called off

Sterling is suffering further losses this morning, as rumours swirl that Theresa May has called off tomorrow’s vote on the Brexit deal. It was widely expected that she would lose the vote, and it seems she has now decided that…

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