Pound-Euro News Directory

Pound Sterling is consolidating as markets digest the implications of Prime Minister Boris Johnson's decision to suspend parliament for a month, a move that starves remain-leaning MPs of the space required to introduce legislation that might block a 'no deal' Brexit.

August 29,2019

The British Pound continues its short-term recovery as markets sense the prospect of a 'no deal' is once again diminishing, and one currency analyst tells us the gains can extend.

August 28,2019

Economists at Scanadanvian financial services provider DNB Bank ASA say they believe the UK will exit the EU on October 31 without a deal, and the UK will likely fall into recession as a result.

August 27,2019

GBP/EUR has reached resistance from a trendline and pulled-back lower, but if it breaks above the 1.1080 highs that will provide confirmation of a breakout above the trendline and more upside.

August 26,2019

Pound Sterling was seen holding its gains against the Euro ahead of the weekend, with 1 GBP buying 1.1048 EUR on the inter-bank markets at the time of writing: the strongest rate of exchange in three weeks.

August 23,2019

The GBP/EUR exchange rate is holding a range just above 1.09 in the aftermath of a key meeting between UK Prime Minister Boris Johnson and German Chancellor Angela Merkel.

August 22,2019