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Euro tipped to remain under pressure on reports the WTO looks set to rule on Monday that the EU did provide illegal state aid to Airbus.
September 26,2019
The British Pound trades an increasingly tight range against the Euro, Dollar and other majors as markets await fundamentally significant shifts in the Brexit saga. The return of Parliament on Wednesday could well spark some short-term volatility but we doubt we will see any 'game changing' developments from a currency market perspective.
September 25,2019
The GBP/EUR exchange rate has hit a chart ceiling following weeks of gains, and more upside is dependent on a technical break above recent highs and any perceived progress on a revised Brexit deal.
September 22,2019
Recent gains by Sterling have "sent alarm bells ringing” for traders looking to bet on rises in EUR/GBP.
September 20,2019
Pound Sterling has over recent weeks recovered over half of the losses it suffered against the Euro during the May-August period, putting the GBP/EUR exchange rate slap-bang back into the middle of its two-year range at 1.1284.
September 18,2019
Pound Sterling's recovery rally against the Euro is still alive, with the GBP/EUR exchange rate on Tuesday a few cents off the three-month highs reached on Monday at 1.1301 amidst ongoing signs of Brexit progress.
September 17,2019
The Pound-to-Euro rate is set to begin trading around 1.1288 at the beginning of the new week after closing the previous one around 1.28% higher on Friday, and studies of the charts indicate that tough resistance up ahead may cause a temporary pullback in the pair.
September 15,2019
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