Latest Posts

UK GDP Rises by 0.7% (Matthew Vassallo)

GBP/EUR rates have remained fairly flat during Friday morning’s trading, with small gains for the Pound following the release of the latest UK Gross Domestic Product (GDP) figures. The reading of 0.7% growth came out as expected but showed a…
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Bank of Engalnd Minutes Keep the Markets Guessing (Matthew Vassallo)

GBP had lost position this morning against most of the major currencies, with GBP/EUR moving back towards 1.26 on the exchange. This move came about following the release of the latest Bank of England (BoE) minutes yesterday morning, which indicated…
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Bank Of England Move Sterling Exchange Rates This Morning (Colm Gilhooly)

As expected there was no change in the Bank of England voting pattern this morning and sterling dropped off after yesterday’s gains.  The pound has slowly been clawing back ground versus the Euro since 9.30 but it suggests the UK…
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GBP/EUR Forecast (Matthew Vassallo)

GBP/EUR rates have dipped during Tuesday morning’s trading, after moving back above 1.26 yesterday. With a host of key data releases for the UK this week it is likely we will see further volatility on GBP/EUR before the week is…
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Sterling Makes Slight Recovery After Heavy Losses In The Last Few Days (Colm Gilhooly)

Sterling has managed to rally after several days of losses due to weak UK data and fears that the global economy may slide back towards recession.  Yesterday sterling was 4 cents lower versus the Euro compared with a couple of…
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GBP/EUR Rates Flat During Wednesday Morning Trading (Matthew Vassallo)

GBP/EUR rates have remained very flat during Wednesday morning trading and with little data of note out until tomorrow, I anticipate this to remain the case for the rest of today’s trading. Sterling’s recent run may well have run its…
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Where Next for GBP/EUR Exchange Rates? (Matthew Vassallo)

GBP/EUR rates have dipped back below 1.28 on the exchange, following a volatile couple of weeks for the currency pair. The Pound had managed to rise to a fresh two year high earlier this week and at one point it…
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Will The ECB Act Tomorrow And Does This Mean The Euro Will Drop Further? (Colm Gilhooly)

The Euro has been under a huge amount of pressure of late as economic data continues to disappoint.  Indeed inflation figures the other day were once again on the low side and this has been one of the main concerns…
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GBPEUR at two year highs! Will it last?

GBPEUR rates are still extremely attractive and worth taking advantage of. The current outlook for sterling has been positive simply because of interest rate hike expectations for the UK economy. These expectations look set to remain the primary focus but…
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GBP/EUR Rates Move Through 1.28 (Matthew Vassallo)

GBP/EUR rates moved through 1.28 on the exchange during Thursday morning trading, moving the currency pair to a fresh two year high. The recent trend of GBP strength shows no signs of slowing but I do feel the EUR will…
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