Currency Forecasts
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Pound falls as Brexit extension likely
Just yesterday, GBP/EUR rates were holding firm above €1.17, but the wind has now been taken out of the Pound’s sails. It’s looking quite likely now that Article 50 will be delayed, possibly by up to a year. This morning…
Read MorePound falls as PM’s Brexit deal fails for the third time
Pound exchange rates have fallen from this weeks highs of 1.1750 falling today as lows as 1.1550 as MP’s voted down Prime Minister Theresa May’s Brexit vote for the third time. On the day the UK was officially due to…
Read MorePound/Euro recovers to €1.17 as Brexit date extended
The Pound’s roller coaster ride has continued today, with GBP/EUR recovering back up to €1.17, 2 cents up on yesterday’s lows. Part of the reason is a weaker Euro. The single currency has lost value partly due to poor data…
Read MoreMonthly Currency Forecast for GBP EUR USD AUD CAD
Brexit has continued to be the main driving force in currency markets throughout March so far, with the Pound roaring ahead of its peers, despite facing a number of hurdles along the way. Today however, that rally ran out of…
Read MorePound/Euro hits €1.18 after ‘No Deal’ rejected
As you can see from the graph below, the Pound has surged higher after this evenings Parliamentary votes against leaving the EU without a deal: Pound/Euro hits €1.18: Sterling has seen its biggest one day rise of the year so…
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