Pound Sterling Forecast - Expert opinions on foreign exchange. June 21, by Jonathan Watson. But with Theresa May still struggling to secure the support of the DUP Democratic Unionist Party just how will the pound react? There is now a much greater push for access to the Single Market from business and also politicians like Philip Hammond. However with the UK economy starting to show signs of weakness from falling living standards the odds seems very much stacked against the pound in the coming months ahead.

With politics remaining the main driver the market will be reactive to the latest news and developments, well informed clients looking to sell the pound for a foreign currency, say for an overseas property purchase or to pay business Invoices, found their prices much better earlier in the week when the pound was almost 2 cents higher against the US dollar and 1.

If you need to buy or sell the pound at present there are a whole host of important events pending which will influence the future levels. Well I think it is achieved through lots of preparation and understanding of the market and your own position. You can contact me directly on and ask the reception team to be put through to Jonathan in order to have a plan of action in place and discuss a tailored strategy for you.

For more information at no cost or obligation on the best sterling exchange rates for larger international transfers, please feel free to contact myself Jonathan Watson by emailing jmw currencies. Economic dataEuroPredictionsSterling strengthSterling weaknessUSD Tagged With: June 19, by Joseph Wright.

Clients and readers planning on making a currency exchange involving the Pound this week, have so far been presented with more or less the same exchange rates all day pretty much across the board of major currencies.

It could be that the Pound is to recover from its current levels, for example if a deal between the Conservatives and the DUP is struck resulting in additional political stability for example. The issue is though, the upward spike could only last a short while, and many of our clients may miss the opportunity.

The way around the potential disappointment would be to get in touch with us and arrange to have Limit Order set up, so that clients can automatically take advantage of an upward spike in their preferred direction. An example of this type of order can be seen as follows. Feel free to get in touch with me if you would like to discuss the mechanics behind this way of making an international transfer.

There is no additional cost and the orders can be amended or even cancelled by clients once placed. If you have a large currency exchange to carry out in the coming days, weeks or months then you are more than welcome to speak with me directly as I will be more than happy to help you both with trying to time a transaction and getting you the top market rate when you do come to buy your currency.

A small improvement in a rate of exchange can make a huge difference so for the sake of taking two minutes to email me you may find you save yourself hundreds if not thousands of Pounds. You can email me Joseph Wright on jxw currencies.

Economic dataEuroPredictions Tagged With: June 17, by Tom Holian. The Pound made some gains vs the Euro and the US Dollar towards the end of this week as the Bank of England confirmed a split of in favour of keeping interest rates on hold.

The reason given by the 3 members was that of rising inflation which is currently running at 2. Indeed, with Average Earnings having fallen recently this is leading to a rise in the cost of living and long term if inflation is not kept under control this could be a real concern for the British economy. However, the good news for the Pound is that if an interest rate hike is coming then this could lead to strength for Sterling exchange rates.

However, we are now just days before the Brexit negotiations begin and my opinion is that the discussions will be both difficult and protracted. The problem is that there are 27 member states all with the same aim which is to discourage others countries from leaving the European Union. Therefore, I cannot foresee the talks going in the right direction. As yet the UK has not decided whether it will opt for a hard or a soft Brexit and until this is decided this is likely to weigh heavily on the Pound.

As we go into next week I think these recent gains for the Pound will be short lived so if you need to send funds abroad then it may be with taking advantage of this recent spike. If you would like to make a currency transfer and would like to save money when buying currency compared to using your own bank then contact me directly for a free quote and I look forward to hearing from you. EuroPredictions Tagged With: June 15, by Daniel Johnson.

Today we saw the UK interest rate decision, rates were kept on hold, but it was a shock to the markets that three members of the Monetary Policy Committee MPC voted in favor of a rate hike.

The MPC meet once a month in order to vote on whether to make any changes to the interest rate. If the vote comes in away from expectations it can cause volatility on the exchange as witnessed today.

There are currently eight members of the MPC and a majority vote in needed for there to be a change in rates. Today the vote came in at in favor of keeping rates on hold, the expectation was for 1 vote in favor of a hike. Inflation is now at 2. Some may deem inflation to be a positive, but this surge is not necessarily welcome. The weak value of the pound is causing exports to become far more expensive.

Retailers then push the price increase on to the consumer, this is fine provided the general public continue to purchase goods, however if the average wage does not grow at the same rate as inflation and people stop spending there could be a recession on the cards. Political uncertainty historically weakens the currency in question and this is definitely the case in the UK at present. Until a coalition is finalised there is little chance of any significant sterling strength.

The Queens speech has been delayed until 21st June due to the Grenfell Tower tragedy. This is when she will officially announce we have a government in place. I would expect news of the finalised coalition to surface in the press before hand however and we can expect a spike in sterling producers livestock market report san angelo tx. Please feel free to get in touch if you have a currency requirement.

I will be happy to assist. It is crucial to have a broker with experience if you wish to maximise your return. There is no obligation to trade if you would like my help. Thank you for reading. AUDEconomic dataEuroPredictionsSterling strengthSterling weakness Tagged With: June 14, by Daniel Wright.

Sterling exchange rates have been taking a bashing over the past few weeks and so far as this trading week has progressed we are yet to see any major change in momentum. Earlier in the week we did find out that inflation is still sitting at 2. As it stands we only have one member of the Bank of England that is in favour of raising interest rates in the U. K but this latest inflation release may lead to more changing their mind. Tomorrow we have the release of the Bank of England interest rate decision at midday and although I doubt we will see an actual change in rates, any hint towards a future interest rate hike may be seen as very positive for the Pound.

A higher interest rate generally makes a currency more attractive to investors and the market also will price in speculation that a change is likely to happen, so should we have news that another member of the Bank Of England are now in favour of that happening then we could finish the day with a stronger Pound than what we started with. K and indeed the Pound is in desperate need of some good news, as lately all we have received is more and more interactive brokers vs optionsxpress along with a gloomy economic outlook.

If you have a bank to bank currency exchange to carry out in the coming days, weeks and months and you would like me to help you both get the very best rate on the market along with helping you with timing your transfer then I would be more than happy to get in contact with you.

All of the writers on this site work for one of the largest brokerages in the U. K and we help people from all over the world move money every day. To get in touch with me online poker tips for making money you can email me Daniel Wright on djw currencies. AUDCADCHFEconomic dataEuroNZDPredictionsSterling strengthSterling weaknessUSD Tagged With: June 14, by Joseph Wright.

The Pound is trading in trading etf options territory against almost all major currency pairs this morning, following on from its good performance yesterday as well. Sterling has been under pressure since last Thursday night when the election outcome shocked many by resulting in a Hung Parliament, which saw the Pound have its biggest drop in almost a year, due irish stock broker fees the uncertainty this outcome will cause especially during this key time.

In the early hours of Monday morning Sterling hit an 8 week low against the US Dollar due to the uncertainty surrounding the election and potential deal between the Conservatives and DUP, but then the Pound got a boost yesterday as Inflation figures came out better than expected.

If euro dollar exchange rate predictions 2016 currency is to recover back to these levels once a deal is struck or due to positive economic data out of the UK there are ways in which our clients can benefit from this.

Our clients have the option of placing a Limit Order with us which will allow them to trade at higher rates than currently available, should the rate move in their favour. If you have a currency exchange to carry out in the coming days, weeks or months then you are more than welcome to speak with chick fil a stock market symbol directly as I will be more than happy to help you both with trying to time a transaction and getting you the top market rate when you do come to buy your currency.

AUDCADEconomic dataEuroPredictionsSterling strengthSterling weaknessUSD Tagged With: June 13, by Dayle Littlejohn.

This morning at 9. Inflation has a major impact on a currencies value euro dollar exchange rate predictions 2016 the figure was released at 2.

In order to combat high inflation levels the Bank of England can raise interest rates which in turn would strengthen the pound. This could help the pound to strengthen slightly further.

Theresa May not winning a majority at the general election has caused the pound to fall against all of the major open online shop to make money traduzir and now that she is struggling to form a government this is putting further strain on the situation.

Many have called for her to resign which could still occur in the upcoming weeks. Labour leader Jeremy Corbyn has mad it clear he looks forward to Theresa May forming a government even though it may not last long and if the PM cannot form a government he looks forward to offering his own leadership. Personally I believe a government will be formed by Mrs May and therefore some of the volatility will be removed. This could cause the pound to claw back some of the losses.

It just shows stock what is broker traders calgary is so much uncertainty in the market at present and therefore an increased amount of risk for foreign currency purchases.

However when purchasing currency it is always important to analyse both currencies as potential positive movement may occur when the other currency weakens. The currency company I work for enables me to buy and sell pounds at rates better than other brokerages and high street banks.

EUR/USD - Live Rate, Forecast, News and Analysis

Economic dataPredictionsSterling weakness Tagged With: June 13, by Jonathan Watson. Only a few weeks ago GBPEUR was poised to break 1. For clients buying sterling with Euros however this is an unexpected gift and you should be monitoring the market very carefully. Overall the market is now much improved for clients buying pounds with Euros and I think this is an opportunity well worth capitalising on. Future predictions for the rates are of course difficult but with the market now pricing in much of the uncertainty could it be that the pound struggles to fall lower?

Markets had refreshed their views on the pound but now we have backtracked and the market is I believe pricing in much of the uncertainty. Key information this week will be the UK Bank of England decision on Thursday, how will this election have influenced the Bank of England? How will they now view Brexit? This election has thrown up lots of fresh questions over the outlook on the UK political situation and with Brexit the main issue, of course sterling might fall lower.

But I do feel the market is pricing in lots of weakness already and with fresh news over what actually is happening the pound might well rally quickly. We saw this last year and earlier this year when sterling had dipped, all of sudden we were presented with some fresh news and the pound rose. If you are selling a foreign currency to buy pounds this is an opportunity that might not be around as long as the headlines suggest!

This week could see some further improvements so if you would like any assistance with the timing or planning of any currency exchange please speak to me Jonathan Watson by emailing jmw currencies.

June 12, by Jonathan Watson. The UK election has confirmed the almost unthinkable a few weeks ago.

Not only did Theresa May fail to increase her majority, she has found herself short of one and sterling has reacted accordingly. The overall position is now looking increasingly uncertain with most commentators expecting that sooner or later Theresa May will be forced to resign.

This is great news for clients looking to buy the pound but presenting fresh headaches for clients buying a foreign currency with the pound who did believe the rates were not going to drop much further. With the prospect still of a Jeremy Corbyn Government and even another election markets are now in wait and watch mode to find out what happens next with the UK politically and also the pound. Business confidence has plummeted and so has consumer confidence and spending. With wages failing to keep pace with Inflation the outlook remains extremely uncertain and the deterioration in the UK is I believe highly likely to continue.

If you have a transfer buying or selling the pound this week is crucial to establish whether or not the recent trend was short-lived or whether it will now bounce higher.

If you have a transfer to consider then understanding the market and all of your options well in advance is the best way to limit your exposure. A well placed Limit order could be the perfect antidote to the current malaise in sterling. Such orders allow you to trade at an improved level should it become available.

So for example if you wish to buy Euros at 1. If you want to sell US dollars at 1. As well as provide expert guidance on the market and potential outcomes we can also offer a proactive service to monitor the market and contain the volatility. For more information on the market and our services please contact me Jonathan Watson by emailing jmw currencies. Where next for the pound and sterling exchange rates?

Euro Rate Forecast | Currency experts forecast on the Euro

June 12, by Tom Holian. The Pound has tumbled against both the Euro, US Dollar and all other major currencies since Thursday evening when the first exit polls that were released suggested that the UK could face a hung parliament. The fall continued during early Friday morning when the vote was confirmed that the Tories would not be able to form a majority government. At the moment the Tories are looking at forming an agreement between themselves and the DUP in order to takes things forward.

To me this is simply a matter of time before this takes place and this could help to stabilise the Pound. Calls for Prime Minister Theresa May to step down have not yet taken place and I think for the foreseeable future she will stay in power as at the moment there appears to be no viable alternative. The next period for exchange rate volatility for the Pound will come when the Brexit negotiations look at starting which could be as early as this time next week.

The issue for me is that the discussion involves 27 member states all of which do not necessarily want to encourage countries leaving the European Union so I think they will make the talks both difficult and protracted. The only potential for Sterling strength in the longer term will be if the UK manages to agree a softer Brexit maintaining access to the free market but if this happens it is not likely to happen in the near future. If you would like to save money when buying or selling currency compared to using your own bank then contact me directly for a free quote and I look forward to hearing from you.

Economic dataEuroPredictionsSterling weaknessUSD Tagged With: This website offers commentary on what's affecting Sterling to Euro exchange rates. Home Contract options Charts Compare exchange rates Overseas property The process Testimonials About Us. Pound Sterling Forecast Pound Sterling Forecast - Expert opinions on foreign exchange. Economic data Predictions Sterling strength Sterling weakness Euro USD AUD NZD CAD CHF.

Thank you for reading and I look forward to hearing from you. Tom Holian teh currencies. Is their an interest rate hike on the cards? Political Uncertainty still weighing down the Pound Political uncertainty historically weakens the currency in question and this is definitely the case in the UK at present. Other currency exchange blogs Euro Rate Forecast Offering insights on events impacting Euro exchange rates.

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Pound Euro Exchange Pound to Euro exchange discusses Pound to Euro exchange rates. We have won another award!!