Currency Forecasts

Category: Will Pound go back up against Euro

Pound remains low despite good economic data

Sterling has fallen further this morning, due to continued concerns over, you’ve guessed it, the EU referendum. At the conservative conference PM May has said that controlling immigration will be the key point in negotiations, meaning that remaining a member…

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Pound makes slight recovery, but forecasts remain gloomy

Sterling has recovered slightly today, following much better than expected Manufacturing and Industrial production figures. Later this afternoon we’ll have a GDP estimate for the UK, with the actual true reading coming next month. It should be noted however that…

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Sterling makes gains, but will it last?

Today the Pound has managed to claw back some of its losses against the Euro and US Dollar, but the question is, will the Pound keep going up, or is this a temporary spike? Today has seen GBP/EUR climb to…

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Sterling gains after Bank of England’s (BoE) ‘Super Thursday’

Friday 13th May 2016Since the beginning of May, the GBP/EUR currency pair has been stuck in a range between 1.26 and 1.27, as you can see from the chart below. Yesterday however, comments from the BoE governor Mark Carney pushed…

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Sterling/Euro exchange rate forecast

April was an interesting month for Sterling/Euro exchange rates. In the first part of the month, the recent decline in Sterling/Euro rates continued, and we hit lows in the €1.23’s not seen since 2014. As you can see from the…

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