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…
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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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- May to make statement to parliament at 15:30 GMT - Sterling dips on news Brexit vote in parliament is off - ECJ rules UK can stay in European Union - ECJ Ruling to weaponise stance of remain-lean…
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The British Pound is liable to suffer further losses against the Euro over coming days according to our latest studies of the charts while all eyes turn to parliament on Tuesday for a key Brexit vo…
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Despite the day-to-day volatility seen in the British Pound we are reminded to take a step back and remember the UK currency is actually tracking a well-worn path against many currencies.
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