The British Pound is consolidating further against the Euro as markets simply won't move the currency until they believe they have a clear view on where Brexit is headed, but a technical analyst te…
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The Pound-to-Euro exchange rate is on the move higher once more: currently quoted at 1.1126 it is a mere 25 pips away from the week's highs in the early 1.1150s and we believe a near-term floor has…
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The Pound-to-Euro rate rebounded from close to year-lows late last week and now, s we start the new week, the charts are appear to be promising a continuation of that rebound higher.
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The Pound-to-Euro rate stabilised Friday after IHS Markit PMI data for November pointed clearly toward a further loss of economic momentum for the bloc during the final quarter.
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The Euro was treading water Thursday ahead of the latest European Central Bank (ECB) interest rate decision and monetary policy statement, which could be key to the direction of the single currency…
Read more … →Foreign exchange analysts give their views on where Sterling might trade in the event of Theresa May winning or losing the impending vote of confidence in her leadership.
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We are witnessing consolidation in the British Pound despite talk of a vote of no confidence in Prime Minister Theresa May suggesting a hard floor might be forming under the currency.
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