Currency Forecasts
Category: Uncategorized
Sterling vulnerable as PM resigns
Sterling exchange rates posted short term gains but have since fallen back to 1.13 against the Euro and 1.2670 versus the US dollar as Prime Minister Theresa May confirmed in an emotional speech that she will step down on the…
Read MorePound/Euro falls to 4 month low
Sterling has tumbled aginast the Euro and US Dollar overnight, following Theresa May’s speech outlining her changes to the withdrawal agreement and outlining her Brexit plan. As rumours swirled that she would announce a vote on a second referendum, the…
Read MorePound/Euro exchange rate falls below 1.15
Pound/Euro exchange rates have fallen below 1.15 today following news that Prime Minister Theresa May will be outlining her next steps for Brexit and taking her new plans to the vote in June. The vote – which will take place…
Read MoreWhat could impact the currency markets this week?
Good afternoon and I hope you all had an enjoyable bank holiday break. Following last weeks late surge for the pound I will explore what could impact the pound and other select major currencies (USD, AUD, NZD) in the coming…
Read MorePound/Euro breaks above €1.17
Sterling has had a relatively decent end to the week, breaking the €1.17 barrier vs the Euro, and comfortable above $1.31 vs the US Dollar. The main reason for the gains is a slightly more Bullish Bank of England coupled…
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