24 June 2019 Pound Sterling at Risk of Fresh Breakdown vs. Euro, Labour said to be Readying No-Confidence Vote on Incoming PM's Government

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.

Read more … →
23 June 2019 Pound-to-Euro Rate Exchange Rate 5-Day Forecast: Downtrend Resuming

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 โ€ฆ

Read more … →
21 June 2019 Big Dip in Pound-to-Euro Exchange Rate Ahead of the Weekend

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 moโ€ฆ

Read more … →
19 June 2019 Time to Buy Pound Sterling and Sell the Euro say Strategists

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 โ€ฆ

Read more … →
18 June 2019 British Pound Rises from Six-month Low against Euro after ECB Hints More Interest Rate Cuts are On the Way

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 dโ€ฆ

Read more … →
18 June 2019 Pound Below โ‚ฌ1.12, AFEX Forecasters think 1.10 Could be Next

Pound Sterling is once again coming under notable selling pressure against the Euro, with the GBP/EUR exchange rate breaking below the psychologically significant 1.12 level over the course of the โ€ฆ

Read more … →
16 June 2019 Pound-to-Euro Exchange Rate 5-Day Forecast: Technicals Suggest Further Losses, but Could Recover if Johnson Win is Already 'in the Price' of Sterling

It's a busy week ahead for the Sterling and Euro and therefore volatility could be elevated: Sterling has the Bank of England and Boris Johnson to consider while the ECB's Sintra conference could sโ€ฆ

Read more … →