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

von der Leyen

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

Fishing boat

The British Pound was one of the better performing major currencies on Tuesday amidst a broad based improvement in investor sentiment and rumours of a potential breakthrough in trade negations between the EU and the UK.

May 26,2020

The Pound-to-Euro rate steadied last week but the technical outlook remains bearish on the charts and the fundamental pressure cooker that otherwise stains Sterling's prospects has gone into overdrive and threatens to produce big trouble in Little Britain during the days and weeks ahead.

May 24,2020

The Pound-to-Euro rate recovered from earlier steep losses on Thursday but is in danger of unravelling again over the coming before falling to March lows in subsequent weeks if the EUR/USD rate continues to star and Sterling remains on its back foot against the Dollar. 

May 22,2020

Foreign exchange rates

The British Pound was seen under pressure against a resurgent Euro on Wednesday, courtesy of improving sentiment towards the Eurozone's single currency and developments in the UK's sovereign bond market that saw bond yields fall into negative territory.

May 20,2020

Merkel announces borrowing plan

Decisive steps towards a joined-up European response to the economic carnage wrought by the coronacrisis were made on Monday, resulting in improved investor sentiment towards European assets and the Euro exchange rate complex.

May 18,2020

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