Pound to US Dollar Forecast: Mixed Messages on GBPUSD Exchange Rates

Buying Euros – Best Rates of Exchange

Today has seen yet more strength for Sterling against the Euro, as 'Markit' PMI Data came out above expected. This has seen the market price crash through 1.1850 and is closing in on 1.19. Tomorrow has the UK interest rate decision and although the interest rate itself shouldn't change, any associated statement from Mark Carney at the Bank of England may move the rates! Please feel free to drop me a line if you have a transaction to book. We are able to assist you in achieving...
Pound Sterling Down Against the Euro and US Dollar as BoE Interest Rate Nerves Kick In

Pound to Euro Exchange Rate Outlook: Bank of England Could Hold off on Rate...

The pound to euro exchange rate continues its volatility this week, trading between the high to low range between 1.1734 and 1.1632. With the expectations for a Bank of England (BoE) interest rate cut now at 64%, the pound sterling looks softer as a result. The EUR/GBP rate has seen a lift on the upside as the pound faulters. However, some economist are standing firm that the fears of a BoE cut may be overdone and that should the BoE hold off on making a...
Pound to Euro Outlook Are GBPEUR exchange rates likely to fall further?

Pound to Euro rates: What next for Brexit and GBP/EUR rates?

The pound to Euro exchange rate has often been quoted as a barometer of the Brexit uncertainties, and to no real surprise it has gently drifted lower this week as we head into the UK Easter weekend. The absence of any new positive news has seen the pound lower and investors, clients and other interested parties are not comfortable holding sterling because of the precarious nature of what lies ahead. Pound to Euro rates lower, but still higher than the start of 2019 It is well...

Pound to Euro Forecast – Sterling Euro rates predicted to fall in early 2019

Tom Holian looks ahead at what's in store for GBP/EUR in his Pound to Euro Forecast for early 2019. The Pound has struggled to make gains vs the Euro during the course of this year as 2018 has continued to be dominated by the issue of the Brexit. With just over a week to go before the current year finishes I think the Pound will continue to struggle against the Euro for a number of reasons. The issue surrounding the Italian budget appears to have now...
Pound Sterling Forecast – What Will Move GBP Rates in June?

Sterling Euro Exchange Rate Forecast (Tom Holian)

Sterling saw a small increase in value against the Euro towards  the end of the week after the UK manufacturing data came out better than expected. The results were relatively strong owing to the low value of Sterling which has increased orders from the continent. However, in my mind I think the gains for the Pound vs the Euro will be relatively short term as the UK's Trade Deficit figures did not show any signs of improvement. Confidence in the UK and Sterling is very low at...
GBPEUR Levels Back Near the Recent Highs as Investor Concerns on the Euro Heighten

Where Next For GBP/EUR Exchange Rates? (Matthew Vassallo)

GBP/EUR rates have remained very flat during Wednesday morning's trading, following a volatile day for the currency pair yesterday. We did see the EUR start to strengthen against GBP in the build up to the release of yesterday's Gross Domestic Product (GDP) figures, which indicated we may see weaker figures than expected. As it happened the figures released, whilst positive, were in line with expectations and this helped push the Pound back up through 1.21 on the exchange. Personally I still feel the current levels provide...
Brexit vote

ECB tomorrow the major news on the Euro!

The Euro is benefiting from improved certainty from the political situation in the Germany and stronger economic news for the Eurozone. Political and economic factors are encouraging investors to increase their holdings of the Euro as there is a belief the currency will only improve in the future. Tomorrow is a key economic event from the ECB (European Central Bank) which could see volatility on the Euro. It is quite surprising the Euro did not come unstuck following the Italian election, the lack of clarity...
Pound Sterling Forecast – What Will Move GBP Rates in June?

Brexit Talks, Inflation and European Union Summit – Impact on GBPEUR exchange rates (Tom...

Pound vs Euro exchange rates have remained range bound during today's trading session in anticipation of what could be a huge day on the currency markets tomorrow. Both UK inflation and Eurozone inflation is due to be released tomorrow morning and this could cause big movements for GBPEUR exchange rates. The reason for Sterling's gains back in September was the rumours that the Bank of England may be considering hiking interest rates and so if inflation comes out high this could cause Sterling strength vs the...
Brexit vote

GBPEUR rates comfortably above 1.28

GBPEUR has spiked again today presenting excellent opportunities to buy Euros and causing upset for Euro sellers. If you need to buy or sell Euros in the future this really isn't a market to mess with. Making some careful preparations now will more than likely make your life less stressful and easier down the line. The next few weeks will see GBPEUR very volatile owing to the ECB decision and also the Greek elections. For more information please email me jmw@currencies.co.uk for the latest information...
GBP/EUR exchange rates remain in a tight range, Sterling just about winning the week so far

Euro Weakens on ECB Comments (Tom Holian)

The ECB kept interest rates steady yesterday at 0.25% during their meeting yesterday in spite of inflation only coming in at 0.5%. With worries surrounding whether the Eurozone could experience deflation it is rumoured that the ECB will be forced fairly soon to amend monetary policy in the form of further Quantitative Easing. ECB President Mario Draghi made it clear that action could be taken if the current problems continue. The single currency weakened following the comments yesterday afternoon and we could see Sterling continue...