Predictions for a worldwide recession and deep sell-off in global stock markets of up to 25% could ensure the conditions remain in place for the British Pound to fall yet further against the Euro.
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The Pound has suffered its fourth consecutive weekly loss to the Euro and fallen below a key technical support level on the charts in the process, undermining the multi-month uptrend in the Pound-t…
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With global stock markets turning red over the past 24 hours amidst resurgent coronavirus angst, the Euro's stellar run extended with most global currencies registering losses.
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The Euro's stellar run since global financial markets caught the coronavirus jitters has left the currency looking expensive in short-term timeframes, and a retracement of a portion of its gains wa…
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Pound Sterling has edged higher against the Euro over the course of the past 24 hours, but the gains failed to convince that a meaningful turnaround in fortunes for the heavily sold UK currency is …
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The sell-off in Pound Sterling has been spectacular: the UK currency has shed four months of hard-fought gains - gains that encompassed the signing of a Brexit deal and a landslide election victory…
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Euro exchange rates were seen pushing higher as the single currency proves to be one of the big winners of an ongoing stock market rout linked to the coronavirus outbreak.
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