Currency Forecasts
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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…
Read MoreBrexit: 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…
Read MorePound 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…
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