Pound-Euro News Directory

The Pound-to-Euro exchange rate is set to close the week with a 0.5% gain, as a multi-week rally is kept alive by foreign exchange markets eyeing a stronger 2020 for the UK economy and greatly diminished political and Brexit-related risks on the horizon.

January 10,2020

The British Pound remains well supported on global foreign exchange markets after a senior EU politician said the UK and EU could enter a partial trade deal at the year-end if some issues require more time to negotiate. 

January 9,2020

The British Pound is trading higher in midweek trade, with strong gains coming against the Japanese Yen, U.S. Dollar and Euro despite a flareup in geopolitical tensions that would typically be associated with declines for the UK currency.

January 8,2020

Foreign exchange analysts at Scandinavian lender Danske Bank have told clients they are turning more cautious on the outlook for Pound Sterling, saying the currency is likely to struggle in a market where fears for a 'no deal' Brexit at the end of 2020 remain elevated.

January 7,2020

The Pound pared gains over the Euro early in the New Year although it still closed the week higher against the single currency on Friday and some technical analysts have said Sterling could now target levels not seen since shortly after the Brexit referendum. 

January 6,2020

Pound Sterling remains poised for further gains against the Euro, despite falling back sharply over the second half of December, and a challenge of the 1.20 area over coming weeks can therefore not be ruled out.

January 2,2020