Currency Forecasts

Category: Will Pound drop further due to Brexit


Pound/Euro remains range-bound

UK and EU flag

Pound/Euro rates remain range-bound ahead of next week’s key Brexit vote. Yesterday saw the pair fall to the low €1.10’s which was due to markets pricing in the possibility of a General Election. In the wake of the government losing…

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Why has Pound/Euro rate fallen?

Sterling had held on to last weeks gains yesterday, however this morning we’ve seen the rate drop from 1.1650 to just below 1.15. The reason for the fall is a leaked memo reported by the BBC and the Times, that…

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UK GDP beats forecasts to show 0.5% growth

UK GPD figures have just been released, showing the economy grew by 0.5% in the last quarter. This is well above the expected 0.3% and Sterling has strengthened as a result. However the gains are already looking short-lived, with GBP/EUR…

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Could Pound fall further against the Euro?

Good afternoon.  The Pound hasn’t started the week very well, starting the day in the mid €1.16’s against the Euro, and sitting down at $1.30 vs the US Dollar. Sterling has made about a 0.5% gain so far today, but…

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