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gk_news
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The Pound to Euro exchange rate reached new 2022 lows after placing a major level of technical support under pressure in the mid-week session amid an ongoing rally by the single currency and a persisting underperformance by Sterling.
March 30,2022
The Pound to Euro exchange rate slumped further on Tuesday as the European single currency rallied amid claims of a Russian military de-escalation in Ukraine and as another round of negotiations between the two sides came to a conclusion in Turkey.
March 29,2022
The Pound to Euro exchange rate has rebounded swiftly from its mid month sell-off but struggled last week to extend the recovery much beyond 1.2050 and ebbing momentum now risks sidelining Sterling into a consolidation beneath its earlier highs.
March 28,2022
UK inflation is set to peak at 10% says TD Securities, delivering a surge in prices that will inevitably hit economic activity and send Pound Sterling lower against the Euro and Dollar in coming weeks.
March 25,2022
GBP/EUR passes possible inflection point as inflation may become GBP headwind.
March 24,2022
The British Pound extends a recovery against the Euro and Dollar amidst an improved global market sentiment, with renewed hopes for a diplomatic breakthrough to the war in Ukraine providing investors some cheer.
March 23,2022
Prospects for a peace settlement in Ukraine have slipped notably this week and will likely keep the Euro under pressure over the near-term, say analysts.
March 22,2022
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