Currency Forecasts

Category: Volatility

The pound holds its ground after Theresa May’s speech

Good afternoon, After the volatility we witnessed yesterday, today has been much more subdued for the GBP/EUR cross, with the currency pair spending the majority of the day bouncing between €1.15 and €1.1550. GBP/EUR graph The pound seems to have…

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Huge exchange rate volatility GBPEUR, GBPNZD, GBPAUD, GBPUSD

Monday 24th August 2015 It’s incredibly volatile on the currency markets today. Just look at what has happened with Sterling/Euro rates, falling from 1.38 into 1.34’s:     When I opened the trading floor this morning at 8am, GBP/EUR was at 1.38…

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How will stress tests affect exchange rates?

23rd July 2010Good morning. There are some key things today that will likely cause some volatility in exchange rates. For the UK, we have the 2nd Quarter GDP figures that will show if the economy is growing. The main news…

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