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Pound/Euro falls to 9 month low

The Pound has continued to fall all week, however today seems to have stabilised slightly. We have seen Pound/Euro fall to a 9 month low, and GBPUSD rates fall to a 1 year low . Today however Sterling has bounced back ever so…

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Pound, Euro and Dollar Forecast for the week ahead

Good morning. The coming week is an important one for the currency markets. We have some important economic releases from the Eurozone that could affect the value of the Euro. In the UK we have the quarterly ‘Super Thursday’ releases…

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GBP/EUR rises to €1.1350 after Services data

Good morning. We’ve seen the UK currency rebound this morning. I mentioned in yesterday’s post that we would see the latest UK services data today. This was released at 09:30am and was better than forecast. The number came in at…

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Key Brexit Dates: How could this affect GBP/EUR?

Once again sterling has had a relatively quiet week against the Euro. Could this change next week? Below, courtesy of the BBC, you can see an extensive timeline of key dates regarding on-going Brexit negotiations. With the pound falling yesterday following…

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Pound/Euro rises by 0.5% after strong UK Services data

Pound/Euro rates have recovered by half a point this morning. The gains have reversed the fall into the €1.13’s that we saw yesterday. Yesterday’s drop came after some poor manufacturing numbers. However this morning, rates have picked back up again into the mid €1.14’s. This…

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