GBP/EUR - Pound to Euro forecasts
GBP/EUR exchange rates remain flat so far this week
The GBP/EUR exchange rate has remained reasonably flat in what could have been a key week for the pairing.
So far there has been minimal movement following the EU Brexit summit, which many had touted as having the potential to be an extremely volatile period.
It seems at present...
GBPEUR Forecast: Will a Brexit deal be agreed this week?
The EU summit is due to start today and many people have been adopting a wait and see approach as to what will happen to GBPEUR exchange rates. In the last couple of days a number of senior officials have been suggesting that a deal is unlikely...
Average earnings alongside France provide a boost for the pound
The pound received a well needed boost today as UK average earnings numbers had risen at their fastest pace in 10 years. The figure for the last 3 months was 3.1% and 0.6 above inflation, which indicates that the Great British public have more money in their...
GBP/USD - Pound to US Dollar forecasts
Further pressure mounts on Theresa May pushing cable lower
UK Prime Minister Theresa May is facing a potential revolt as further concessions have been made to the EU. Mrs May has offered to extend the transition period which has enraged both remain and leave Tory MPs.
Over the past weekend former Brexit Secretary David Davis made his...
GBP/USD exchange rate slips once again
Sterling has dropped back a little against the dollar over the week, as investors start to become concerned once again that Britain will not manage to come out with a provisional deal with the EU by the end of the Brexit summit this week.
News also hit the...
Busy week ahead for GBPUSD exchanges!
This was always billed as a key period for sterling exchange rates and so it has proved. The GBPUSD rate has been very volatile with almost 6 cents movement since the end of August between the high and the low on the pairing. There are numerous events...
GBP/AUD - Pound to Australian Dollar forecasts
Pound to Aussie dollar rate drops to 2-week low despite poor data out of China
The Pound to Australian dollar rate has hit a 2-week low this week after hopes of a Brexit deal being agreed in the short-term have stalled.
I personally believe the drop in the value is more to do with sterling, as under usual circumstances we would expect to...
Brexit news to influence GBP/AUD rates
The remained of this week is extremely important for sterling exchange rates, with the start of the EU Brexit summit earlier today.
Should we get to the end of the week without a deal being agreed then it would not be a great surprise to see sterling exchange...
AUD could be set for further weakness
This week will see the release of Australian unemployment data. Australia's economic performance is coming into question of late due to several areas under performing. The prediction is that there will be little movement in unemployment data and that the figure will remain around 5.3%. If the...
Spotlight: Brexit Negotiations
The GBP/EUR exchange rate has remained reasonably flat in what could have been a key week for the pairing.
So far there has been minimal movement following the EU Brexit summit, which many had touted as having the potential to be an extremely volatile period.
It seems at present that the talks have remained in a stalemate, and there are a number of analysts that now believe that we may now have to wait until at least December to see both...
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