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gk_news
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The Euro is struggling to find any notable strength ahead of this week's key meeting of the European Central Bank (ECB) which leaves investors cautious as they await the central bank's update on the outlook for monetary policy in the bloc, due on Thursday.
June 7,2021
The British Pound was seen advancing against the Euro amidst fresh signals from Government that all Covid-19 restrictions will be lifted on June 21 as originally planned and some analysts said if there were to be delay it would be of little consequence to the currency.
June 3,2021
The Pound-to-Euro exchange rate could be volatile with an upside bias this week if a recent across-the-board uplift in Renminbi exchange rates leads the Peoples’ Bank of China (PBoC) to buy non-Dollar currencies in a bid to fend off appreciation pressures coming from the Dollar.
May 30,2021
Pound Sterling retains a broadly robust stance on global foreign exchange markets and is the second-best performing currency in the G10 complex over the course of the past month, but it is the Euro that looks set for a period of short-term outperformance.
May 25,2021
The Pound-to-Euro exchange rate remains underpinned by an economy that is tentatively delivering on bullish market expectations but could receive a further boost in the coming days and weeks if Chinese policymakers go ahead with a possible decision to allow the Renminbi to appreciate against the Dollar.
May 23,2021
Foreign exchange analysts at a leading Scandinavian lender and financial services provider tell clients they are "still bullish on GBP" and expect a steady appreciation against the Euro over the coming 12 months.
May 19,2021
The Pound-to-Euro exchange rate opens the new week above 1.16 following its best week since February, but would need a series of favourable outcomes from looming economic data releases over the coming days to sustain its current buoyant level now the economy is back in Sterling's driving seat.
May 17,2021
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