Exchange Rate Forecasts

by Adam Solomon Sterling / Euro and US Dollar The Pound rallied strongly against the U.S Dollar for the first time in three days and the UK currency also recovered earlier losses versus the Euro, as investors speculated that Britain will be able to rein in its budget deficit even if voters fail to elect [...]

by Adam Solomon Sterling / Euro and US Dollar The Pound declined 0.6% against the Dollar yesterday to $1.5168, while the UK currency dipped to lows around 1.1450 versus the Euro, after former Bank of England policy maker Timothy Besley said that the UK economy remained in a “fragile state” and inflation is likely to [...]

by Adam Solomon Sterling / Euro and US Dollar The Pound weakened against 15 out of the 16 most actively traded currencies yesterday, amid growing evidence that next week’s general election will produce a government without the parliamentary support needed to tackle the record budget deficit that is the biggest among the Group of Seven [...]

by Adam Solomon Sterling / Euro and US Dollar The Pound rallied against the U.S Dollar for the first time in three days yesterday, the UK currency touched upon the strongest level in two-months versus the Euro, after a report from Hometrack Ltd showed that UK house prices rose in April for the ninth consecutive [...]

by Adam Solomon Sterling / Euro and US Dollar Following on from last week, the Pound strengthened significantly against the Dollar and the Euro, as the overall improvement in global risk appetite diminished demand for the U.S currency as a refuge, while a government report showed that the number of Britons claiming jobless benefits declined [...]