04 October 2018 Pound Boosted as Ireland said to Back May's Customs Plan

Pound Sterling has risen to a new 10-day high on the back of Theresa May's speech to the Conservative party conference - nothing new was delivered by May but markets were simply looking for an unev…

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02 October 2018 British Pound Retreats from Highs vs. Euro as DUP's Foster Rejects Rumoured Irish Border Compromise

Pound Sterling has retreated after Northern Ireland's Arlene Foster effectively rejected a rumoured compromise the U.K. is mulling for the Irish border in order to unlock deadlocked Brexit negotiat…

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02 October 2018 Euro Exchange Rate: Italy Weighs, but Beware Recovery in Single-Currency

The Euro exchange rate complex retains a soft tone owing to ongoing anxieties relating to Italy and the country's desire to run a budget that would boost its debt pile to an extent that violates Eu…

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01 October 2018 Sell the Pound against the Euro say Nordea, Citing Conservative Party Conference Dangers

Foreign exchange strategists with Scandanavian lender Nordea are looking to bet against the British Pound as they expect the Conservative party conference to leave Sterling weaker.

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30 September 2018 Pound-to-Euro Exchange Rate 5-Day Forecast: Technical Ceiling Likely to Limit Gains for Now

GBP/EUR has rallied back up to lower channel line but faces resistance near-term, a break of resistance however opens the door to 1.1450. The Conservative party conference poses the main risk for S…

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28 September 2018 Pound-to-Euro Exchange Rate Holds 1.12 Amidst Italian Budget Angst and Eurozone Inflation Miss

The British Pound is looking to record its fifth consecutive day of gains against the Euro amidst a lull in negative Brexit headlines and increased scrutiny on Eurozone political risks but we are w…

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26 September 2018 Latest: Pound-to-Euro Exchange Rate Breaks 1.12, Consolidation Expected Going Forward

The British Pound is in fight-back mode, aided by some positive headlines that confirm market suspicions that a Brexit deal by year-end is in fact still a likely outcome.

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