Currency Forecasts

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Sterling to Euro & US Dollar Forecast, August 2009

Good Morning. Today we’ll have a look at GBP/EUR and GBP/USD, and a further analysis of the Quantitative Easing method that has caused rates to tumble in the last week. First let’s have a quick look at where rates are…

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Pound Euro Rates 10th August 2009

Market Snapshot GBPEUR 1.1716 GBPUSD 1.6617 GBPAUD 1.9810 GBPNZD 2.4700 GBPZAR 13.301 GBPCHF 1.7995 GBPJPY 161.74 Pounds Gains short livedThe pound had a very strong run in the first part of last week, hitting 1 year highs against the US…

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Quantitative Easing, Bank Results and Exchange Rates

Increased Quantitative Easing Weakens SterlingSterling fell across the board yesterday after the Bank of England said it would pump more funds into the banking system than was expected, citing subdued inflation and fragile financial conditions. The central bank stunned market…

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Pound to Euro & US Dollar Rates very good.

Pound to EuroLast week saw Sterling continue to march back towards the 1.20 mark, moving up as high as 1.18 on the mid-market. The run continued yesterday, however now seems to have leveled off in anticipation of the data releases…

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Sterling Euro Exchange Rate Outlook August 2009

Last Weeks TradingVery interesting week last week, with the pound surging against the USD, EUR and most other major currencies. The rise can be mainly attributed to better than expected house price data, which helped push GBP/EUR to 1 month…

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