Pound-Euro News Directory

Foreign exchange strategists with foreign exchange brokers AFEX say Pound Sterling is likely to remain relatively well supported against the Euro, and the strong rally in the exchange rate seen over recent weeks can potentially reach 1.20.

December 9,2019

The Pound has clocked up a hat-trick of new 2019 highs against the Euro in recent days and now enjoys a bullish set-up on the charts that could easily portend further gains if not for the looming Thursday general election, which will almost certain to dominate British exchange rates in the week ahead. 

December 8,2019

The British Pound has pushed above the key 1.18 level against the Euro over the course of the past 24 hours, amidst a rise in expectations for a majority Conservative Government winning power next week.

December 5,2019

"A clear majority for the Conservatives would help strengthen Sterling further and may loosen the economic restraints caused by the Brexit uncertainty." - Chris Towner, JCRA.

December 4,2019

The Pound-to-Euro exchange rate is trading at 1.1686 on Tuesday, December 03. and we are told by one analyst the balance of risks for Pound Sterling are balanced to the downside at this juncture.

December 3,2019

Political uncertainty has once again emerged on the Euro's radar, with analysts saying news of a potential split in Germany's ruling coalition is likely to provide a potential drag on the currency over coming months.

December 2,2019