Currency Forecasts

Category: Will Pound/Euro rates go up or down


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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What could move exchange rates this week?

Exchange Rates

Good morning. In today’s post we’ll take a look at the week ahead at what could move exchange rates. This will include economic data releases and political events that could affect Sterling exchange rates. It’s quite a busy week in…

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Pound/Euro rates recover slightly, but will it last?

There has been a slight recovery in GBP/EUR rates today due to comments by the European Central Bank (ECB) president Mario Draghi. As you can see from the chart below, it was normal service all morning with GBP/EUR steadily dropping…

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