Currency Forecasts
Category: Uncategorized
Sterling exchange rates fall following poor UK data
Sterling exchange rates have posed some losses to end the trading week bringing an end to its recent run of positivity. Exchange rates have fallen following poor UK manufacturing figures this morning, the weakest since July 2016. This once again…
Read MorePound falls, but Brexit path now clearer after win for Theresa May
The Pound has fallen a little following yesterday’s votes in parliament. However it’s still largely supported with GBP/EUR currently at €1.1440 and GBP/USD at $1.3074. What were the amendments, and how did the votes go? Labour amendment to call for…
Read MoreUK employment data helps the Pound
This morning UK employment and wage growth data was released, and the numbers have helped the Pound rise. GBP/EUR is at €1.1370 and GBP/USD is at $.2915. Most of the employment data was roughly as expected. 2 measures beat forecasts…
Read MoreTheresa May to address the commons this afternoon. GBP/EUR forecast
Following last weeks key Brexit vote in which Prime Minister Theresa May took a heavy loss but subsequently was able to win her vote of ‘no confidence’ we begin the week with another round of key Brexit negotiations that will…
Read MorePound/Euro at 2 month high
The Pound/Euro rate is at a 2 month high today, following the government succeeding in winning the vote of no confidence last night, as was widely expected to happen. Sterling has been getting stronger and stronger over the last week,…
Read More
RSS
