Currency Forecasts

Category: When to fix your exchange rate

Pound falls, but Brexit path now clearer after win for Theresa May

The Pound has fallen a little following yesterday’s votes in parliament. However it’s still largely supported with GBP/EUR currently at €1.1440 and GBP/USD at $1.3074. What were the amendments, and how did the votes go? Labour amendment to call for…

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Pound/Euro can’t break through €1.43

This week has seen the Pound/Euro rate rise nicely, and it’s close to an 8 year high. However try as it might, the pair can’t seem to break through the €1.43 barrier. As you can see from the chart below,…

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What could move exchange rates this week?

Monday 24th March 2014 Good afternoon. It’s been a pretty quiet day with not much change in exchange rates since my post last Thursday. Pound/Euro remains at €1.1950, and Pound/Dollar remains at $1.6500.  With regards to whether Pound/Euro rates will recover…

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Pound falls below €1.20, will it rise again?

Thursday 6th February 2014Sterling has fallen below the €1.20 mark today for the first time this year. The reason for the fall was Euro strength following their decision not to raise interest rates. In today’s post I am going to…

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Pound falls significantly after Mark Carney comments

Friday 24th January 2014 Good afternoon. We have seen Sterling weaken significantly today, after the Bank of England governor poured cold water on the chances of interest rates going up any time soon.  Speaking at the World Economic Forum in Davos,…

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