Currency Forecasts

Category: Uncategorized


PM Theresa May in Brussels to discuss Brexit extension.

Prime Minister Theresa May is due to meet her European peers in Brussels later today in an attempt to negotiate Brexit extension. It is expected she will ask for an extension beyond this Friday until the 30th June but most…

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Brexit: Will the Pound go up or down this week?

Good morning. In today’s post I’ll take a look at the week ahead and events that could affect Sterling exchange rates. The most important news will likely to be any developments with Brexit, although economic data will still have an…

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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…

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Pound 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…

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Pound/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…

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