Exchange Rate Forecasts

by Adam Solomon Sterling / Euro and US Dollar The Pound has rallied strongly against the U.S Dollar this morning, while the UK currency has also made gains versus a basket of currencies, including the Euro, after a report from the Office of National Statistics showed that the UK economy grew almost twice as much [...]

by Adam Solomon Sterling / Euro and US Dollar The Pound rallied by the most in a week against the U.S Dollar, while the UK currency also traded back towards 1.19 versus the Euro, amid reports from the Office of National Statistics, which showed that UK retail sales rose more than expected in June. Sales [...]

by Adam Solomon Sterling / Euro and US Dollar The Pound recovered some recent losses against the Euro yesterday, pipping just above 1.19 in London, while the UK currency also peaked at $1.5334 versus the Dollar, before declining later in the day. The minutes from the Bank of England’s last policy setting meeting showed that [...]

by Adam Solomon Sterling / Euro and US Dollar The Pound has declined heavily against the U.S Dollar in early trading yesterday, dropping almost 1% from a daily high of $1.5309, while the UK currency also traded down towards the lowest level since May 31st versus the Euro. A report from the Office of National [...]

by Adam Solomon Sterling / Euro and US Dollar The Pound declined against almost all of the 16 most actively traded currencies yesterday, amid concern that the UK economic recovery is losing momentum. The overwhelming improvement in Euro sentiment has been somewhat of a surprise but the success of the Greek and Spanish bond auctions [...]