Currency Forecasts

Category: Weekly Economic Data


Brexit: Will the Pound go up or down this week?

Good morning. In today’s post I’ll take a look at the week ahead and events that could affect Sterling exchange rates. The most important news will likely to be any developments with Brexit, although economic data will still have an…

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Currency Markets: A look at the week ahead

Exchange Rates

Good morning. Sterling has started the week slightly lower against other majors including the Euro and US Dollar. This can largely be attributed to the resignation of the Home Secretary Amber Rudd at the weekend. This creates political uncertainty for…

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UK Wage Growth, and other data that could move exchange rates this week

Good morning. Our 2 most commonly traded pairs (GBP/EUR and GBP/USD) are still riding high. Pound/Euro is sat at €1.1350 which is close to a 6 week high. Pound/Dollar is at $1.39 which is the best we’ve seen Dollar rates…

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What could move exchange rates this week?

The Pound has slipped away today as the trading week started, falling further from last weeks 4 month highs against the Euro. The pair is currently settled in the low €1.29’s. It seems that investors are being a little more…

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Pound gains further, as Brexit looking less likely

Sterling has continued it’s strong run as we start the week, with Pound/Euro rates not far from €1.29, and GBP/USD close to $1.45. The current levels are a good 5 cents higher than two or three weeks ago. The reason…

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