The Pound-to-Euro rate returned to June lows last week but is tipped by multiple analysts remain under pressure in what ocould be a volatile week for both Sterling and the single currency.
June 15,2020
The Pound drew a line under a hat-trick of losses last week and could recover more lost ground over the coming days although analyst commentary suggests that any upside will be limited and also short-lived.
June 7,2020
The Euro was bid higher following today’s meeting of the Governing Council of the ECB, which saw the central bank boost its support package for the covid-19 pandemic by €600BN.
June 4,2020
The British Pound's bounce against the Euro looks to be over with the gains seen in the first half of this week rolling over and giving way to a familiar trend of weakness which could extend below 1.09 over coming weeks, according to analysis from investment bank Crédit Agricole CIB.
June 4,2020
The Pound-to-Euro rate could garner support on Monday or even find itself receiving a bid as the economy partially exits 'lockdown,' but a full sleight of fundamental risks may trouble the British currency as the week progresses.
June 1,2020
The Pound-to-Euro rate limped into the weekend as the British currency slipped while Europe's unified unit broke to the upside from a stifling multi-month range although things could get ugly for Sterling if EUR/USD and GBP/USD continue to diverge from each other in the days and weeks ahead.
May 31,2020
A fundamental shift in sentiment for the better towards the European Union has been reflected in a steady demand for euros over the course of the past two days, ensuring the single currency's outlook against peers such as the British Pound and U.S. Dollar has improved markedly.
November 16,2020
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