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Following the release of inflation data there was a tick higher in the value of Sterling which had been recover the ground it lost over the course of the first two days of this week.
July 15,2020
Foreign exchange analysts at Goldman Sachs have raised their forecasts for the Euro against the British Pound and U.S. Dollar, saying the coronacrisis has reshuffled the economic outlook and they now hold "more confidence in sustained Euro appreciation".
July 14,2020
The Pound-to-Euro exchange rate has corrected higher in July and coming week will determine if this move is simply a rebound from oversold levels or the beginning of a more protracted turn higher that endures for longer.
July 12,2020
The British Pound has rallied further over the course of the past 24 hours to deliver the best exchange rates of three weeks for those looking to buy euros, but further gains material gains will require the economy to catch up with that of the Eurozone while good news on the Brexit front will also be required.
July 17,2020
Analysts at Crédit Agricole say that according to their currency valuation models the British Pound "remains significantly" undervalued relative to the Euro, and this could allow for another week of gains in the Pound-to-Euro exchange rate.
July 7,2020
The Pound-to-Euro exchange rate recovered sharply from near three-month lows last week and with the charts warning of a correction higher, it could look to stabilise over the coming days, although there are a number of potential pitfalls in the road ahead.
July 5,2020
The British Pound is looking to post a third consecutive daily gain against the Euro, Dollar and other major currencies on Thursday as foreign exchange markets correct some of the currency's recent losses.
July 2,2020
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