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The Pound to Euro exchange rate has defied gravity near to one month highs in recent trade but will struggle to recover further this week unless Thursday's European Central Bank (ECB) interest rate decision disuades the market of its recently improved appetite for the single currency.
October 27,2022
The Pound to Euro exchange rate entered the new week on its front but could struggle to extend Monday's recovery by much beyond the nearby 1.15 level unless this Thursday's European Central Bank (ECB) leads the market to shy further away from the single currency.
October 24,2022
The British Pound's strong run came to a shuddering halt on Tuesday following some fresh uncertainty in UK bond markets.
October 18,2022
The Pound to Euro exchange rate rose to one-month highs last week but could now struggle to advance much further in the days ahead and may even be at risk of fresh selling as the Westminster Circus descends again into the kind of farce most typical of one of those old Carry On films.
October 17,2022
Talk of a u-turn by the UK government that would overturn their 'mini budget' announced in September could be driving Thursday's strong rally in the British Pound.
October 13,2022
Pound Sterling is tipped to fall against the Euro over the coming days by strategists at RBC Capital Markets in their latest "Trade of the Week" recommendation.
October 14,2022
The Pound to Euro rate has reversed much of its recent losses but could be likely to consolidate its recovery this week as investors digest important UK economic data and speeches from Bank of England (BoE) policymakers.
October 10,2022
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