Currency Forecasts

Category: Weak Pound

Pound/Euro drops to €1.0750

Pound/Euro rates have fallen further this morning after UK markets opened after the extended Bank Holiday weekend. Markets were reacting to the speech the ECB president Mario Draghi gave on Friday evening. He didn’t make any mention of the negative…

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Will the Pound keep dropping against the Euro?

The Pound is continuing to fall today against the Euro today, despite a brief spike last night on the news that Mark Carney would slightly extend his term and step down after the 2 year Brexit negotiation period has ended….

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Pound remains low despite good economic data

Sterling has fallen further this morning, due to continued concerns over, you’ve guessed it, the EU referendum. At the conservative conference PM May has said that controlling immigration will be the key point in negotiations, meaning that remaining a member…

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Sterling falls (again) after poor Manufacturing Output

Tuesday 12th March 2013  Good afternoon. I’m afraid to say the Pound has fallen further against both the Euro and US Dollar since my post last week. In today’s column I’ll look at the reasons why rates have fallen further,…

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Why has Pound fallen against Euro August 2011

Wednesday 10th August 2011 Good morning. Sterling has fallen quite a bit in the last 24 hours, pushed down ahead of today’s Bank of England (BoE) inflation report, that may well present a poor assessment of the UK economy. At…

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