Currency Forecasts

Category: Will the Pound go up or down

GBP/EUR and GBP/USD Forecast

Sterling/Euro The Pound gained against the single currency yesterday, pushing into the €1.14’s. It was developments in the Eurozone that caused the move however, rather than any strength in Sterling. There are concerns over political turmoil in Italy due to…

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What could move exchange rates this week?

The Pound has started the week well, rising by half a cent vs the Euro to €1.13, and above $1.31 against the US Dollar, recovering some of the losses from last week. Below are the main data releases for the…

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Sterling falls after BoE Super Thursday

As predicted in my post earlier in the week, the Pound has fallen sharply today after the Bank of England’s ‘Super Thursday’: Why did the Pound fall? In it’s quarterly inflation report, the Bank of England (BoE) cut their growth…

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Bank of England could cause Pound to fall sharply

Friday 18th September 2015FED leave interest rates on hold  Last night the US Federal Reserve opted to keep interest rates at their low of 0.25%. There was a small chance that they would raise interest rates but this didn’t materialise….

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Pound falls slightly on poor Industrial and Manufacturing Production figures

Wednesday 9th September After gradually rising this week, the Pound has fallen slightly against the Euro and US Dollar today due to worse than expected UK data. Figures released earlier today showed that UK Industrial and Manufacturing production fell at its…

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