Currency Forecasts
Category: US GDP
US dollar weakens on Fed comments
US dollar exchange rates have fallen this afternoon, particularly against the Euro to bring rates below 1.15 for the first time in nearly three months. Movements have been attributed to comments made by Federal Reserve president Raphael Bostic who suggested…
Read MoreSterling gains after strong GDP. What’s the currency forecast going forwards?
Friday 26th April 2013 Good afternoon. As I’m sure you have all seen in the news already, the UK has avoided recession and the GDP numbers were a little higher than forecast. This has pushed the Pound higher against other…
Read MoreSterling falls on revised GDP Sterling/Euro
23rd December 2010Good morning. Yesterday a downward revision in UK economic growth reminded investors the country’s recovery remains fragile. The revised GDP figures weakened Sterling against the Euro, and hit a 3 month low against the US Dollar. Rates at…
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