Currency Forecasts

Category: What affects exchange rates


Economic Data Releases: What could move exchange rates this week?

Best Exchange Rates

Good morning. Sterling remains largely unchanged from towards the end of last week. The market is flat because most investors are waiting to see what will happen with Brexit. As usual for a Monday, I’ve outlined the main economic data…

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Economic Data Releases: What could move exchange rates this week?

Best Exchange Rates

Good morning. The market remains flat, with GBP/EUR stuck in the mid 1.11’s and GBP/USD down in the low $1.25’s. With no Brexit news expected for several weeks, it will be economic data releases that drive the value of Sterling….

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What could move Pound/Euro rates this week?

Good morning. Last week was a largely negative one for GBP/EUR rates, falling from highs of €1.20 down to around the €1.18 mark, which is where we start the week. As explained in reports last week, the fall was due…

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GBP/EUR climbs to €1.30 / What could affect rates this week

The Pound has recovered slightly against the Euro in the last few days, and this afternoon we’ve seen the rate rise to around the €1.30 level, after the single currency weakened following comments from the European Central Bank (ECB) president:…

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What could move Sterling exchange rates this week?

I’m often asked what actually moves exchange rates. It’s various things and the main ones are: acts of terrorism/war, natural disasters, political events, and economic data. Of these 4 things, you can only really plan for the last 2; economic…

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