Currency Forecasts

Category: Will Pound/Euro rates go up or down


Pound to Euro Forecast : Sterling falls on Backstop pledge

Pound to Euro Forecast – The Pound has been falling throughout trading today, following a debate yesterday evening between the Conservative leadership candidates. Both Boris Johnson and Jeremy Hunt have hardened their position on Brexit. They’ve said the backstop needs…

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Pound Sterling Forecast – 0.3% GDP moves Pound higher

Pound Sterling Forecast

Pound Sterling Forecast – Today at 09:30am the UK released a raft of economic data. Industrial and Manufacturing production both came in marginally below forecast. The expected figure was low anyway so it’s had little effect on Sterling. They key…

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Pound stuck at 4 month lows

SterlingEuroForecast

The Pound has levelled off, but remains stuck at 4 month lows against both the Euro and US Dollar. Following the resignaion of Theresa May, and the European elections that saw the Brexit party win by some margin, markets are…

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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 at 2 month high

The Pound/Euro rate is at a 2 month high today, following the government succeeding in winning the vote of no confidence last night, as was widely expected to happen. Sterling has been getting stronger and stronger over the last week,…

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