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The Pound to Euro exchange rate has stabilised after unraveling much of its second quarter advance in the early days of August and could be likely to trade buyantly within a rough 1.1639 to 1.1711 range this week.
August 20,2024
The Pound to Euro exchange rate has stabilised following recent heavy losses and could yet recover further up ahead but it faces downside risks heading into the medium-term, according to RBC Capital Markets strategists.
August 9,2024
Pound Sterling has fallen heavily against all major counterparts over the recent week but traders should buy into the resulting dip against the Euro and safe-haven Swiss Franc, according to Barclays strategists.
August 20,2024
The Pound to Euro exchange rate has unraveled all of its second quarter gains but Goldman Sachs says the trend is still higher and that Bank of England interest rate policy can only weigh on the pair for so long.
August 7,2024
The Pound to Euro exchange rate has fallen heavily in recent trade but the author’s model suggests it’s now bottoming out in what is likely to be a narrow 1.1650 to 1.1731 range over the coming days.
August 20,2024
Pound Sterling has erased its July gains against a resurgent Euro, and there is only one question to be asked in the coming week: where will the selling end?
August 5,2024
Pound Sterling is headed for its biggest weekly slide against the Euro since December 2023.
August 2,2024
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