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The Pound will fall to record lows if the UK leaves the EU without a trade deal next year, according to forecasts from Bank of America Merrill Lynch, although the odds of this happening are being overcooked "by accident or design".
August 23,2018
The Pound-to-Euro rate entered the new week on the front foot Tuesday, rising by a fraction against a beleaguered single currency, but analysts are warning that the exchange rate could come under renewed pressure during the days ahead.
August 22,2018
The Pound-to-Euro rate continues to trade beneath the lower end of its long-term channel, with a bearish bias heading into the new week.
August 20,2018
The Pound-to-Euro rate is currently the most interesting Sterling pair from a short-term trading perspective, according to Elsa Lignos, a managing director of FX strategy at RBC Capital Markets.
August 17,2018
The Pound rose against a Turkey-basted Euro this week but the coming days could offer the single currency another place in the proverbial sun, as the latest round of Brexit negotiations coincides with increasingly negative sentiment that now threatens to usher in a sombre September for Sterling.
August 17,2018
Expectations for substantial moves in the Pound against the Euro over coming months are forecast by analysts as they continue to strategise the currency's outlook based on the type of Brexit deal that is likely to be struck by the EU and UK at the current juncture.
August 15,2018
As long as the Turkish crisis rumbles on Sterling-Euro should be supported but Strategists still favour Euro over Sterling over the course of the next three months with the UK currency facing the proverbial 'fork in the road' accordingt to analysts at UBS.
August 15,2018
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