Brexit and the outlook for Sterling vs. Euro

The British Pound could well succumb to its lowest-ever levels against the Euro before 2019 is out warns a leading foreign exchange analyst we follow, however analysis of the foreign exchange futures market suggests investors are not yet overly concerned that a 'no deal' Brexit will take place in 2019.

June 27,2019

Boris Johnson Black and White image

The Pound-to-Euro exchange rate is looking to draw a new 'line in the sand' underneath its recent sell-off: today's price action should be key in this regard. How Sterling trades going forward would likely depend on how markets interpret Boris Johnson's Brexit plan.

June 26,2019

Stock photo Johnson

The British Pound is battling to defend a key 'line in the sand' against the Euro at the start of what is expected to be another difficult week for the UK currency against its Eurozone rival.

June 24,2019

Pound Sterling

The British Pound is forecast to remain under selling pressure against the Euro over the short- and medium-term timeframes with currency market attention likely to fixate on Boris Johnson's Brexit strategy.

June 23,2019

Donald Tusk's message on brexit

Pound Sterling is under notable selling pressure against the Euro ahead of the weekend, with the GBP/EUR exchange rate being quoted down by over half a percent at 1.1183; the dip looks to be the most sizeable since mid-May.

June 21,2019

Time to but the Pound

Foreign exchange strategists at Westpac - the global investment bank - have told clients the Pound could now well be due a recovery against the Euro, recommending clients sell the EUR/GBP exchange rate.

June 19,2019

The Euro slumped across the board Tuesday after the European Central Bank's (ECB) Mario Draghi hinted that fresh interest rate cuts and another bond buying programme are now on the table for discussion in the bank's monetary policy meetings, which has helped lift the Pound-to-Euro rate off a six-month low. 

June 18,2019

Page 166 of 360

Theme: GKNEWS