Pound-Euro News Directory

Pound Sterling rallied against the Euro ahead of month-end courtesy of a broad-based decline in the Eurozone's single currency following the April European Central Bank policy meeting, at which further easing measures were announced.

April 30,2020

The Pound-Euro rate has attempted to extend its April recovery into month-end this week but remained road blocked by a familiar technical level on Wednesday and now the whole rebound could potentially be kiboshed by Brexit-related hedging flows, according to Societe Generale.

April 29,2020

The Pound-Euro rate is recovering its footing on the charts and may attempt to tentatively explore its upside potential over the coming days but a possible Doji candle on the weekly charts is a negative omen for the trend in the exchange rate and Brexit concerns are returning to haunt the British currency.  

April 26,2020

The main question being asked of leaders today will be how to finance the proposed European Recovery Fund, the answer to which could have a material impact on trade in the Euro.

April 23,2020

The Pound-Euro rate snapped a two-day losing streak and averted a hat-trick of declines on Wednesday but it faces a cocktail of risks in the coming session that could undermine the recovery of the British currency and potentially put it on course for a return toward its financial crisis lows. 

April 23,2020

The Pound-Euro rate rose by a grand total of thirteen points last week and is stalling on the charts just as the British currency risks becoming the 'sick man of Europe' again in a toxic combination of fundamentals and technicals that could put Sterling at financial crisis lows in the weeks ahead. 

April 20,2020