Currency Forecasts

Category: which way will the Pound go

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/Euro rates drop to €1.39

Tuesday 17th March 2015The spike of last week to €1.4255 appears to have been short lived, with the Pound falling during trading on both Monday and Tuesday, testing the €1.40 level before breaking below it. The drop continued today and…

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Pound/Euro hits €1.32 after QE announced by ECB

Thursday 22nd January 2015 The European Central Bank (ECB) today announced its Quantitative Easing (QE) package, outlining over €1tn of stimulus for the economy. It’s been the main driver of exchange rates in recent weeks and today it became a reality….

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Effect of US Debt Ceiling on Exchange Rates

Thursday 17th October 2013Good afternoon. Markets have reacted to the news that the US has averted hitting it’s debt ceiling, so today’s post is a quick analysis on the effect it has had on exchange rates. Let’s start at the…

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