The Pound-to-Euro rate offers an attractive buying opportunity to traders at current levels, according to strategists at BMO Capital Markets, who told clients Tuesday that they should buy any …
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Pound Sterling may be tested on Tuesday as MPS gather in the House of Commons to vote on a series of “Brexit wrecking” amendments inserted into the EU Withdrawal Bill by the House of Lords, wh…
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Technical studies confirm this market continues trading within an ever decreasing band in the 1.13s and 1.14s. But, this week big moves could occur on the back of the ECB event and a slew of big-hi…
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The Pound is likely to weaken against the European single currency in June, according to strategists at TD Securities, who have told clients that domestic politics and the latest Brexit deadline ha…
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"Even though Brexit-related uncertainty is GBP negative, upside potential for EUR/GBP may be limited if investors anticipate a defiant tone from Italy’s populist government" - Rabobank.
Read more … →Our latest technical forecast and fundamental outlook analysis for GBP/EUR suggests a slight downside bias but a slew of economic data releases - with the services PMI being the highlight - will be…
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"A currency in crisis is not very suited as a world trade currency" - Commerzbank.
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