INVSTR INSIGHTS: FOREIGN EXCHANGE

by | Feb 29, 2016

FOREIGN EXCHANGE

THE BIGGEST FINANCE MARKET

This week we delve into the realm of Exchange Rates and look at some of the factors that affect them and how they can affect us.

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COMMUNITY PREDICTION

The chart below shows the relative changes in price of the following currency pairs: GB Pound against the US Dollar, Euro against the US Dollar and the Euro against the GB Pound

 

Our prediction this week comes in two time frames, looking at how many US Dollars you can buy for one British Pound.

 

BREXIT POLL

To finish off, last week we ran a poll asking our community what they thought would be the outcome of the UK’s referendum on EU membership. One way or the other, this will have a considerable impact on the value of Sterling.

 

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