Currency Forecasts

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Inflation levels keep the pound on the back foot

Pound exchange rates have fallen to their lowest levels against the Euro since March. This comes following lower than expected inflation figures. The market was expecting a release of 2.6% but with a release of 2.4% this all but guarantees…

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Trump comments cause a US dollar rally

With Donald Trump making his first visit to the UK as the US President his comments regarding the potential “soft Brexit” approach led to the pound falling back to a near month high against the pound. Since the beginning of…

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Ahead of England’s crunch semi final against Croatia, what could impact sterling today?

As the country firmly slips back into football mode ahead of the much anticipated world cup semi final against Croatia, for those that are interested, I will look at what could impact the pound for the rest of the week….

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Sterling falls following the resignation of David Davis and Boris Johnson

Pound exchange rates initially founds some support this morning following the resignation of Brexit secretary David Davis. This week was always set to be dominated by British politics with Mrs Davis quittting late on Sunday night, saying Theresa May had…

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GBP Forecast – will we see a rate hike in August?

Bank of England

As forecast by my colleague Alastair rates have pushed back through the 1.14 level today following the latest Bank of England interest rate meeting. As expected, the central bank held its key base rate on hold at 0.5% but it…

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