Currency Forecasts

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Interest Rate expectations hurt the pound

The pound continued to fall throughout trading yesterday, after government bond yeilds fell, and also interest rate differentials caused the Euro to gain against the pound. Rates at 08:30am 27th August are as follows: GBP/EUR 1.1369 GBP/USD 1.6210 GBP/AUD 1.9542…

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Pound continues to fall

Pound continues to fallSterling hit a 2 1/2-month low against the euro on Wednesday as investors continued to dump the UK currency after the yield on the two-year gilt hit its lowest level ever. Asian markets appreciated this morning on…

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Sterlng Euro & Sterling Dollar September 2009

Sterling FallsSterling fell to its lowest level against the euro in two and a half months on Tuesday, as a bout of weakness in global equities helped darken the pound’s near-term technical outlook. Today we’ll focus on Sterling rates to…

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Sterling Outlook August/September 2009

Good Morning, & welcome to a new week. Today we’ll have a quick look at where rates stand, some news about an end to the recession, a quick review of last weeks trading and the future for Sterling. Finally as…

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Sterling Euro Outlook 21st August 2009

Pound Rates 21/08/09: GBP/EUR 1.1540 GBP/USD 1.6490 GPP/AUD 1.9836 GBP/NZD 2.4335 GBP/CAD 1.7887 GBP/JPY 1.5489 GBP/ZAR 12.952 Pound falls on weak UK financesSterling fell broadly on Thursday, dented by figures showing an unexpectedly sharp deterioration in the UK public finances….

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