Currency Forecasts

Category: Where to get best currency rates for Euro

Why is the Pound falling?

Sterling has started this week as it ended last week, dropping against the Euro and other currencies. This afternoon the GBP/EUR rate has dipped into the €1.13’s which is a fresh 3 month low. The graph below shows how the…

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Pound remains supported

The Pound remains supported, and is holding up surprisingly well, given the political uncertainty the UK currently faces. The speaker John Bercow yesterday said that the PM could not bring her deal back for a third vote as has been…

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Sterling/Euro rates: putting things in perspective

Thursday 7th April 2016Good afternoon. With the Pound in perpetual decline at the moment, in today’s post I’m going to provide a more general view of the Sterling/Euro rate, and put things into perspective to explain why the current GBP/EUR…

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Pound/Euro falls to €1.35

Sterling/Euro rates have failed to recover their recent fall, and today have continued to drop and currently sit in the low €1.35’s. This morning figures showed that government borrowing was much worse than expected, and this means that it’s less…

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What could FED interest rate rise have on exchange rates?

Today it’s widely expected that the US Federal Reserve will raise interest rates in the USA, the first major western economy to do so since the financial crisis of 2008. What affect could it have on exchange rates if they…

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