Pound-Euro News Directory

Pound Sterling has powered well into the 1.19s and is tipped by some analysts to potentially take out the 1.20 level, even if history teaches us the Pound does not like spending much time above 1.19. The market is currently focussing on the implications of the resignation of Sajid Javid as Chancellor of the Exchequer.

February 13,2020

The Pound has failed three times to reclaim a key technical level against the Euro and because of this downside risks are building, although those are added to this week by a volley of economic figures that's due to hit the market.

February 9,2020

Then Pound-to-Euro exchange rate has dipped below the 1.18 mark once again and analysts say the Pound could be set to test lower levels over coming days and weeks, but the break of trendline support on the daily chart will be crucial in calling the end of this pair's multi-month rally.

February 7,2020

Pound Sterling suffered its largest drop recorded in a single day since December against the Euro since mid-December, following early signs of tensions between the EU and UK ahead of critical trade negotiations.

February 3,2020

The Pound was the best performing major currency last week and is tipped by technical analysts to advance on the Euro over the coming days, although fundamental risks include a likely Monday collapse in Chinese stock markets and elevated British bond yields that might be due a correction. 

February 2,2020

There remains a sizeable degree of scepticism amongst the foreign exchange analyst community as to whether the Pound can extend higher through February and in doing so keep alive a multi-month trend of appreciation.

February 1,2020