Currency Forecasts


Pound drops after 0.1% GDP figure

What goes up, must come down. Yesterday we saw GBP/EUR rates break through €1.15 again, however these levels have proved to be short-lived. This morning UK GDP figures were released, showing the economy grew at just 0.1% in the last…

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Pound rises on good borrowing figures

UK Jobs data sends Pound up

We saw more good news about the UK economy yesterday, as Sterling benefited from much better than expected Public Sector Net Borrowing figures. The numbers showing that Government borrowing has fallen to its lowest level since 2007. The UK now…

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What data could affect exchange rates this week?

Exchange Rates

I this evening’s post, we’ll take a look at the economic calendar for the week ahead, outlining the main releases due, and how they could affect Sterling exchange rates. We’ve seen lots of volatility in the past week, with the Pound…

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Why has the Pound fallen vs the Euro?

The Pound’s bullish run came to an end this morning when the UK released it’s latest inflation numbers at 09:30am. Inflation came in at it’s lowest in a year after falling much more than expected.

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