GBPEUR rate remains steady as markets await the Autumn Budget

Sterling exchange rates up against the Euro, will we see 1.28?

Sterling exchange rates have rallied against the Euro today dominated by Euro news and the uncertainty surrounding the ECB (European Central Bank) and its bond buying policy. Most notably the Bundesbank has come out and warned that a continuation of this programme may cause "considerable risks to stability". This will make the next ECB meeting very interesting as many analysts are expecting something strong from Mario Draghi (head of the ECB) following his statement that he would do 'whatever it takes' to secure the Euro. Statements like...
GBPEUR rate remains steady as markets await the Autumn Budget

How to get the Best Exchange Rate for Currency Transfers? Read on to Learn...

If you need to move more than £5,000 or an equivalent amount of Euros into a foreign bank account, what is the best way to go about it? The first port of call for most people in this position is their bank as it is fairly convenient and straightforward. You visit the bank in person or their internet / telephone service and you provide all of the details on where you need to transfer the money. Unfortunately bank exchanges rates are extremely unempetitive compared...

EURO news, forecast of when to buy euros and when to sell euros

GBPEUR rates have climbed this week and we again have traded close to a 4 year high.  This opportunity happened yesterday (Thursday,) and clients that were ready to move saved themselves almost €900 per £100,000 exchanged compared to today.  It is another example that keeping an eye on the markets can really make a difference and is the service provided by most currency brokers.  I myself helped 8 clients yesterday buy close to the high saving them all a good lump of money.  If...
Pound to Euro rate Could next month's Brexit deadlines result in some volatility for GBPEUR rates?

EUR Strength Despite Positive UK Retail Figures

The euro has gained strength during Friday morning's trading depsite yesterdays positive UK retail figures. Sterling has dropped by over a cent against the single currency since the start of the week and the affects of last weeks Bank of England announcement and a string of poor economic data may be starting to take its toll on GBP rates. We are seeing the Pound fall off against most major currencies and to me the trade deficit figures that were releasaed earlier this week, were...
GBP/EUR exchange rates remain in a tight range, Sterling just about winning the week so far

Pound Spikes After Positve Economic Data

The Pound has gained some support during Wednesday's trading making a gain of almost 0.5% against the euro and putting some pressure back on 1.28. At time of writing GBP/EUR rates are sitting at 1.2777 and are still providing some of the best buying opportunities of the past four years. This positive movement can be attributed to the release of today's UK unemployment figures and also the Bank of England minutes. Unemployment fell by 0.1% (46,000) which was certainly a positive, whilst the BoE minutes showed that its members voted unanimously...
Pound to Euro rate Could next month's Brexit deadlines result in some volatility for GBPEUR rates?

GBPEUR Forecast Week Ending 17-08-12

Exchange rates move every couple of seconds for a wide variety of reasons. Knowing what can move the rate and when allows you to make plans ahead of the event so that you can either secure a much better rate or move quickly should it start to turn against you. Below is information on what to expect for the rest of week. If you are considering any currency transfers then please feel free to speak with us as we can help explain all of your...
Pound to Euro Forecast - Euro rate hits 21-week high, as Brexit deal possible

Sterling under pressure ahead of the Bank of England Minutes – GBP/EUR forecast

Sterling exchange rates have started to dip fractionalyy this morning in the run up to the Bank of England minutes released at 09:30. This important data set should be keenly viewd for anyone with an interest in the GBP/EUR pair. In the minutes the 9 members of the MPC (monetary policy committee) from the Bank of England will show how each individual voted with regards to future interest rate policy and whether quantitative easing (the act of priniting money in its simplest terms) was...

Sterling week ahead

If you are planning on making any currency exchange this coming week then the below will probably be of interest. First off a little knowledge sharing for first time traders and a reminder for regular traders. There are three different rates we all have access to: Inter-bank price/ mid-market price – This is the price that banks trade millions and billions at. You and I as mere mortals cannot achieve this price. It is very well published and you can find it all over the internet,...
GBP/EUR exchange rates remain in a tight range, Sterling just about winning the week so far

Will the Euro weaken again?

EURO rates have strengthened recently making the euro more expensive to buy, what might surprise you is that a a majority of the movement has come from America.  In late trading on Friday the US showed a large increase in the amount of people finding work in the the world’s largest economy.  The US is seen as a barometer of global strength and as a result changes the markets thoughts on risk.  A majority of speculation on the market comes from risk, i.e. the...

The tone on GBPEUR has changed. When is a good time to buy Euros?

The last few weeks has seen the rate be driven primarily by headlines surrounding Spain. But in the last couple of weeks the rate which had reached 1.2890 does now appear to have hit a peak and the tone has changed, as we here at www.gbpeuroforecast.co.uk predicted. Previously GBPEUR seemed alsmot immune to any negative sterling data. When it was announced earlier in the year the UK had entered the dreaded double dip, we saw hardly any movement on GBPEUR. Indeed the ongoing prospect of more...