JP Morgan strategy

GBP/EUR a better vehicle than GBP/USD to profit on declines in Sterling with fading European political risks boding for a stronger Euro say JP Morgan. But Danske Bank say buy Sterling weakness - a strategy that has this week proved correct.

July 5,2018

British Pound analysis

The British Pound appears to be successfully defending a key line of defence against the Euro, and one forecaster tells us the doors are therefore being opened to fresh multi-month highs.

July 5,2018

Theresa May

Foreign exchange strategists at Danske Bank view the recent jump in the value of the Euro relative to the British Pound as likely to be unsustainable, insisting that any weakness in Sterling should be bought in anticipation of a rebound.

July 3,2018

Pound sterling week ahead

If 1.13-1.15 range has indeed broken, look for move down to 1.1150 in the GBP/EUR exchange rate. Watch service sector PMI data on Wednesday and Eurozone manufacturing data on Monday for signs of a continued rebound in area activity

July 1,2018

Euro Council exchange rates

The Euro is on a tear higher ahead of the weekend as a deal is struck by European leaders  concerning migration at the EU summit.

June 29,2018

May and Merkel at EU summit

A flash comment from an analyst on the Thomson Reuters currency desk casts light on the very real risks facing the Euro next week.

June 27,2018

British Pound exchange rate forecast downgraded

Pound-Euro forecast downgraded from 1.19 previously as PM May keeps her government together, but can't squeeze out a unified position on Brexit, but beware a unified government position following Chequers 'away day' in early July

July 3,2018

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