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Pound-Euro News Directory - Page #70

The Pound to Euro exchange rate's five-week rally has been hindered by a dense pocket of resistance on the charts in recent trade but it could get an opportunity to break above and beyond 1.15 this week if Sterling gains salvation from inflation, or if other UK data surprise strongly.

May 22,2023

It's all about the Dollar at present with the May rebound catching Pound Sterling and the Euro in the crossfire.

May 19,2023

Pound Sterling has likely peaked against the Euro and is pointed lower as the Bank of England has already ended its interest rate hiking cycle in the face of softening economic data.

May 17,2023

The Pound to Euro exchange rate reached new highs for the year last week but could be set for some consolidation between those earlier peaks and somewhere just above the round number of 1.14 over the coming days. 

May 15,2023

"EUR/GBP has officially cracked through the 200-day moving average".

May 10,2023

The Pound to Euro exchange rate entered the new week trading back above 1.14 and may attempt to rise further in the days ahead but this Thursday's forecast update and interest rate decision from the Bank of England (BoE) are both wild card risks that could cut either way for Sterling.

May 9,2023

The Euro fell against Pound Sterling and the Dollar after the European Central Bank (ECB) opted to raise interest rates 25 basis points.

May 4,2023

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