Currency Forecasts

Category: Why has Pound gone up against Euro

Pound/Euro rises to 2 month high of €1.1725

Pound/Euro rates have risen higher, hitting €1.1725 this morning. Just last week it was down in the €1.10’s. The currency pair has risen more than 5% and is now sitting at it’s best levels in 2 months. (Click here to…

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Pound gains further, as Brexit looking less likely

Sterling has continued it’s strong run as we start the week, with Pound/Euro rates not far from €1.29, and GBP/USD close to $1.45. The current levels are a good 5 cents higher than two or three weeks ago. The reason…

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Pound/Euro rates hit €1.28, despite poor economic data

It’s been a very good week for the Pound, rising against the Euro to hit levels not seen all month, peaking at €1.28 today: There haven’t been any particular economic figures causing the rise. Indeed this week we’ve seen poor…

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Pound/Euro touches €1.40 on FED news

Exchange Rates move on FED news  Last night at 6pm, the US Federal Reserve (FED) announced its decision to hold interest rates. However as is often the case in the currency markets, the devil is in the detail. They tool…

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Why has Pound/Euro risen to €1.38?

Pound/Euro surges on ECB comments  In my last post on Tuesday, I said that today’s ECB press conference would be key to GBP/EUR rates, and that if there were hints they would extend their stimulus programme, the Euro could weaken…

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