Will the Pound to Euro rate go up or down?

Will the pound or Euro go up or down in the coming weeks or months is a very valid question as there are so many upcoming events to move the rates. I would predict a range of 1.13-1.20 in the coming weeks as we get answers to some very important questions over Brexit and European affairs. If there is one thing the currency markets are not fond of it is political uncertainty. Markets can just about digest economic uncertainty as investors are used to assessing...
The US launch a significant stimulus package to stem the economic impact of the Coronavirus pandemic

RBS and Natwest to close foreign currency accounts – Will this affect you? We...

We have heard recently from a number of existing clients that RBS and Natwest are to close all foreign currency accounts in the very near future. If this is to affect you and you would like to discuss it in further detail then feel free to contact me directly as the company I work for specialise in getting much better rates of exchange than the banks and we can also hold funds in a foreign currency in a client account on your behalf, so if...
GBP Holds Firm as UK Delivers 2020 Budget After Emergency Rate Cut

Why is the Pound Losing Value?

The Pound has come under increasing pressure over the past few weeks and despite a slight realignment today, the general trend for the start of 2016 is certainly a negative one. The Pound has so far struggled to replicate the positive sentiment it had for much of last year and this is down to a number of factors. GBP/EUR rates have dropped by approximately 9 cents from the highs of last summer and even over the past month, we have seen a drop from 1.40....
GBPUSD Exchange Rate Volatility Following Trump’s Press Conference

Pound to Dollar forecast: Are we closing in on the end of the US...

In today's Pound to Dollar forecast I discuss reports over the past few days of an increased potential of a trade agreement, or at least a truce to be agreed by leaders Donald Trump and Xi Jinping. U.S Treasury secretary Steven Mnuchin spoke to CNBC earlier in the week and commented that he felt that a trade deal was 95% complete. However, we also need to be cautious that this final 5% may well be the large sticking points and enough to not see progress. For...
GBP Holds Firm as UK Delivers 2020 Budget After Emergency Rate Cut

Sterling exchange rates so far in 2013 – The Pound has lost value will...

Pound performance since the start of the year: GBP-USD -5.96% GBP-EUR -6.12% GBP-AUD -5.02% GBP-NZD -6.68% GBP-CAD -3.56% GBP-CHF -4.33% GBP-ZAR -1.11% GBP-JPY 1.24% Right so for those of you in the position where you need to sell Sterling and buy a foreign currency 2013 has not been a great year. The Pound has lost value against every major currency other than the Japanese Yen... The worst performing currency so far this year. The Pound has recently hit a 16 month low against a basket of major currencies and even the BBC has recently...

The Budget and the effect it may have on the Pound

Once again the headlines are all about how much the British public will be poorer than ever over the coming year or tw, but as the Pound goes although I don't feel it will rapidly strenghen in the coming weeks I do feel that the Pound will gather strength towards the back end of the year should things go to plan. Of course this is by no means set in stone as all of you will know, predictions can go out of the window within...
Pound to Dollar Forecast: GBPUSD Continues Upward Trend but for How Long?

Pound Sterling forecast – Positive week against the Euro and New Zealand Dollar –...

The Pound has had a fairly mixed week against the majors, seeing a fresh two year high against the Euro and also gaining three cents against the New Zealand Dollar over the course of one night. On the flip side we saw exchange rates drop below 1.70 against the Dollar for the first time in a little while and also sub 1.80 against the AUD too. Sterling data this week has not been too bad, however the Bank of England minutes still showed that members...
Pound Sterling Forecast – Is GBP Likely to Stage a recovery?

Should I Buy or Sell GBP At The Moment?

The answer as ever rests with which currency you are holding but if you do need to buy or sell currency for transfer abroad or back to the UK then the following is my generic overview of trends I expect to see in the currency market. GBP – Sterling has rallied notably against Euro rising to a near 4 year high however much of this has been down to turmoil in Europe rather than real sterling strength as can be seen when you cross reference...
Trump trade optimism sends the Pound to AUD rate lower

US Dollar Forecast: US Dollar set to lose value

US Dollar Forecast: Trade War and Forward Monetary Policy does not bode well for US Dollar The US Dollar could be facing a rough year. Federal Reserve Chair, Jerome Powell has had a dovish tone when discussing potential rate hikes at his past few press conferences and the new stance from the Fed seems justified considering the problems that are facing the US economy. US President, Donald Trump has put in place a partial Government shut down in an attempt to force funding for his US/Mexico...
GBPUSD Trades at a Two-Week High as Coronavirus Cases Begin to Fall

Pound Dollar Forecast: EU Summit to impact Pound to Dollar Rates

Brexit news causes the Pound to weaken against the US Dollar The US Dollar has once again improved against the Pound dropping almost 3% in a week or the difference of £4,600 on a currency transfer of US$200,000. The latest news on Brexit and the issues surrounding the proposed draft Brexit deal has not gone well for the Pound in relation to a number of different currencies including versus the US Dollar. Prime Minister Theresa May is due in Brussels over the weekend as the UK and...