Currency Forecasts

Category: When to fix an exchange rate


What could affect GBP exchange rates this week?

Good morning. In today’s post I’ll take a look at the week ahead, and focus on what could affect GBP exchange rates this week. The most important events will be related to Brexit, with economic data releases likely to play…

Read More

Need to Buy Euros? Will the rate get better?

Pound/Euro rates weakened further last night, as the Euro gained strength and became more expensive to buy. As we thought, the EU Council meeting was dominated by migration talks. It looks like the EU have come to an agreement on…

Read More

Super Thursday keeps lid on Sterling

For several weeks GBP/EUR rates have been fairly range-bound between the €1.18-€1.19 mark and have been unable to move higher. For it to do so, the market needed further information; this morning provided lots of new data however the end…

Read More

BoE ‘Super Thursday’ could affect Sterling this week

Sterling/Euro rates remain flat at around the €1.11 mark as we start a new week. This morning we had inflation and growth data from the Eurozone, however these were exactly as forecast so didn’t have any effect on GBP/EUR rates….

Read More

GBP/EUR 2 year high / GBP/USD 6 year high – Best exchange rates

Wednesday 2nd July 2014 The Pound has surged higher this morning, after data showing UK House prices have seen their highest rise in over 10 years. This coupled with better than expected construction data has strengthened the Pound to a 2…

Read More