Currency Forecasts

Category: Will the Pound go up or down


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….

Read More

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…

Read More

Pound/Euro in free-fall, drops into the €1.35’s

Friday 1st May 2015  Well, we’ve all been saying the Pound/Euro rate was at risk of a serious fall, and that’s exactly what we’re now seeing. GBP/EUR has absolutely tumbled in the last few days. On Wednesday morning the rate…

Read More

Pound/Euro back to €1.38, will Sterling go up or down?

Wednesday 8th April 2015 Since the Easter break, Pound/Euro rates have seen a very decent recovery, rising from 1.3550 to 1.3800 today, as you can see from the chart below:  Before the Easter weekend, the Pound had come under pressure…

Read More

Pound hits 20 month high of €1.25 after interest rate rise hint

Friday 13th June 2014 Good morning. Friday the 13th, unlucky for some, but not those that need to move Pounds to Euros. Sterling has surged higher following a speech by the governor of the Bank of England Mark Carney, in which…

Read More