Currency Forecasts

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Pound/Euro and Pound/Dollar forecast

Good morning and welcome to a new week. In today’s post I’ll have a look at what happened last week to our 2 most commonly traded currency pairs, GBPEUR and GBPUSD, and have a look ahead to what data releases…

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GBP/EUR up, GBP/USD down…

Sterling/Euro pushes higher, and could rise further today Pound/Euro rates have settled in the low €1.14’s today. The main reason for the slight uptick in rates is solid jobs data from the UK yesterday, that came in as forecast. The…

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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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Super Thursday: Crucial day for Sterling

It’s been a rather quiet end to the week with nothing of note from the UK. Sterling looked like it was supported a little after the local elections, with the Conservatives doing a little better than expected, but it hasn’t…

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Currency Markets: A look at the week ahead

Good morning. Sterling has started the week slightly lower against other majors including the Euro and US Dollar. This can largely be attributed to the resignation of the Home Secretary Amber Rudd at the weekend. This creates political uncertainty for…

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