Currency Forecasts

Category: Weak US Dollar

Weekly GBP/EUR & GBP/USD Outlook Forecast

In this week’s Report: • EU bank stress tests weaken the Euro, pushing GBP/EUR rates to 1 month high• Talk of US QE weakens USD, causing GBP/USD to rise• Weak UK data keeps Sterling’s gains limited despite this• Round up…

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Why is the pound gaining against EUR, USD?

3rd August 2010Good morning. The pound rallied broadly yesterday, climbing against most major currencies. Today we’ll take a detailed look at why the pound is gaining against the Euro, and the forecast for August 2010. First the usual snapshot of…

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