Currency Forecasts

Category: US debt crisis

Effect of US Debt Ceiling on Exchange Rates

Thursday 17th October 2013Good afternoon. Markets have reacted to the news that the US has averted hitting it’s debt ceiling, so today’s post is a quick analysis on the effect it has had on exchange rates. Let’s start at the…

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Pound vs Euro rates surge up August 2011

Tuesday 2nd August 2011Good morning. Sterling fell yesterday after poor manufacturing data, however as we’ll see in a moment the US debt problems have resulted in GBP/EUR rates surging, nearly at €1.15 this morning. We’ll look at the reasons for…

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