Exchange Rate Forecasts

by Adam Solomon Sterling / Euro and US Dollar Following on from last week, the Pound has rallied to a fresh two-month high against the U.S Dollar on Thursday, led by an overall improvement in risk appetite, as stocks gained for the seventh time in eight days, reducing the demand for lower-yielding currencies like the [...]

by Adam Solomon Sterling / Euro and US Dollar The Pound has rallied to a fresh two-month high against the U.S Dollar yesterday, led by an overall improvement in risk appetite, as stocks gained for the seventh time in eight days, reducing the demand for lower-yielding currencies like the Dollar and the Japanese Yen. Somewhat [...]

by Adam Solomon Sterling / Euro and US Dollar The Pound rose to the highest level in two months against the U.S Dollar yesterday, while the UK currency also made gains versus 15 out of the 16 most actively traded currencies, including the Euro, after UK unemployment figures beat initial expectations. The number of people [...]

by Adam Solomon Sterling / Euro and US Dollar The Pound rallied for the first time in three days against Dollar yesterday, while the UK currency also peaked above 1.20 versus the Euro, after the latest inflation data beat initial estimates. According to the report from the Office of National Statistics, UK consumer prices rose [...]

by Adam Solomon Sterling / Euro and US Dollar The Pound, initially, weakened for a third straight day against the U.S Dollar, dropping under the main support level at $1.5000, as investors become increasingly concerned over the fragile economic recovery in the wake of the fiscal tightening to rein in the deficit. Has the government [...]

by Adam Solomon Sterling / Euro and US Dollar Following on from last week, the Pound declined to the lowest level in two weeks against the Euro, falling under the pivotal 1.20 level to a low of 1.1887 over the weekend, while the UK currency also suffered losses against all but one of the 16 [...]