Currency Forecasts

Archives


Sterling recovers slightly on BoE comments

Sterling found a little much-needed support today, on speculation that maybe the Bank of England will raise rates soon after all. There’s been a little uncertainty recently, with some members of the MPC wanting to raise rates, and other wanting…

Read More

Interest Rate speculation weakens Sterling

Good morning. The Pound has fallen away this week, due to speculation about when interest rates may rise in the UK. In today’s post we’ll take a look at why the Pound has fallen against the Euro, and whether the…

Read More

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…

Read More

GBP recovers / FED rate decision

Sterling recovered a little today following some slightly better than expected Construction numbers this morning. It’s helped GBPEUR rise slightly, however GBPUSD is being kept under pressure due to a stronger US Dollar. (View live interactive charts). Tomorrow morning we…

Read More

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.

Read More