Pound Sterling is beginning to look a great deal more resilient against the Euro, but is the multi-week sell-off truly over, and if so, how high can any recovery go?
Read more … →
The Pound-to-Euro rate is trading at around 1.1230 at the start of the new week, about half a percent lower than the previous week’s close. Studies of the charts suggest the exchange rate is set to…
Read more … →
Euro goes higher on ECB statement that suggests the Bank is not considering cutting interest rates to stimulate the economy.
Read more … →
The British Pound could fall to equal value against the Euro and even the Dollar in the event of a 'no deal' Brexit taking place on October 31 according to a poll of currency strategists.
Read more … →
Pound Sterling fell to fresh four-and-a-half month lows against the Euro at the start of the new week as a negative trend in place since May extends into the new month, however foreign exchange ana…
Read more … →
Pound Sterling has fallen below the 1.13 marker ahead of the weekend with the currency looking set to record a 4.0% decline for the month; this makes for the largest monthly drop against the Euro i…
Read more … →
The British Pound remains caught in a downtrend against the Euro, and based on technical studies and the overarching political backdrop, we would expect downside pressures to remain in charge for t…
Read more … →