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…

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Sterling 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…

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Sterling 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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