Pound-Euro News Directory

A General Election is said to be an "even more concerning development" than Hard Brexit by de Vere Group's Nigel Green, as the Pound could see a significant sell-off under a Jeremy Corbyn win, while another split Parliament opens the door to years more of crippling uncertainty.

October 23,2019

Pound Sterling faces another volatile week ahead, with focus on the UK Parliament where MPs will once again look to vote on a Brexit deal, the passing of which will almost certainly allow the currency to test fresh multi-month highs against the Euro.

October 21,2019

From a purely technical and quantitative point-of-view, the charts are showing signs of a bias to a positive outcome to negotiations and for the Pound to make more gains in the short-term.

October 16,2019

The Pound-to-Euro exchange rate has jumped 1.25% today to record its highest level since May, on headlines that EU and UK negotiators are closing in on a legal text that will pave the way for EU leaders to sign off a deal at this week's summit.

October 15,2019

The Pound-to-Euro exchange will fall back down towards 1.11 if analysts at a leading Scandinavian Bank are correct in their expectations and the UK requests another Brexit extension of the EU before the October 31 Brexit deadline.

October 14,2019

Our technical studies of the GBP/EUR charts indicate the bulls are back in control and likely to push the exchange rate higher over the following days; however Brexit headlines will continue to be the primary driver of Sterling and therefore we expect substantial volatility.

October 13,2019