Currency Forecasts

Category: Will Pound drop further due to Brexit


PM Theresa May in Brussels to discuss Brexit extension.

Prime Minister Theresa May is due to meet her European peers in Brussels later today in an attempt to negotiate Brexit extension. It is expected she will ask for an extension beyond this Friday until the 30th June but most…

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Pound falls ahead of Brexit vote

Good morning. The Pound has fallen this morning ahead of this week’s votes in Parliament on Theresa May’s Brexit deal. There were hopes that progress would be made this weekend in talks between the UK and EU, but it doesn’t…

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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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