Foreign exchange strategists at Nomura - the global investment bank - say there is little likelihood of a rebound in the value of the British Pound for the foreseeable future.
Read more … →The Pound heads higher against the Euro at the start of the week in a rebound which could extend over coming days with EU election results suggesting there has been no political earthquake in Europโฆ
Read more … →Pound Sterling suffered a 14th consecutive daily decline against the Euro on May 23, confirming the entrenched downtrend that has been in place since May 06 continues to guide the exchange rate lowโฆ
Read more … →The future of Prime Minister Theresa May is a key source of uncertainty weighing on Sterling: Her resignation would see some of that uncertainty evaporate and usher in a potential bounce in the valโฆ
Read more … →The Pound-to-Euro rate was stable Tuesday after a week of punishing losses but this newfound poise might not last for long, according to analysts at Morgan Stanley, who're are telling clients to beโฆ
Read more … →The Pound's losing streak against the Euro could be snapped on Monday, but strength is expected to be temporary.
Read more … →From a technical perspective, the British Pound is in an established downtrend against the Euro which is expected to extend, but oversold conditions make us wary of a bounce.
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