The Euro is the underperformer ahead of the weekend as markets gauge the potential risks posed by Turkey to ECB monetary policy.
Read more … →Pound Sterling has jumped a further 0.4% against the Euro ahead of the London market open with a combination of fading Brexit fears and all-around Euro weakness driving the move.
Read more … →The Pound could be due a recovery based on the observation the recent sell-off we have witnessed is looking over done.
Read more … →The move we are witnessing is part of a deeper run down to the well signposted level of support at 1.11.
Read more … →GBP/EUR is still trading at levels consistent with markets believing a deal will be made, but a break towards parity forecast to occur if no deal actually materialises.
Read more … →Pound Sterling remains vulnerable to further weakness and GBP/EUR could sell-off down to the 1.10s if Brexit risks materialise. The main calendar release for Sterling is Q2 GDP - for the Euro the Eโฆ
Read more … →For Sterling, the "balance of risks are for further political turbulence between now and October" say ING but "hawkish" BoE will spur swift recovery once into 2019 say ING.
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