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Foreign exchange strategists at a major global investment bank are targeting a further ~2% advance in the Pound against the Euro as they believe the Bank of England is about to initiate a new cycle of interest rate rises.
October 30,2017
The Pound-to-Euro is forecast to steadily rise in the week ahead, supported by a tightening of money by the Bank of England (BOE) and political and inflationary risks weighing on the Euro.
October 30,2017
The Pound advanced two a new three-week best against the Euro following the news the European Central Bank is in no rush to raise interest rates. Analysts suggest further gains are now likely.
October 27,2017
The eagerly awaited October monetary policy announcement from the European Central Bank may turn out to be a damp squib for the common currency, as policy expectations have been well priced, but a surprise from Draghi & Co could induce substantial volatility into Euro-Dollar.
October 26,2017
Europe's central bankers will meet on Thursday to discuss their strategy for the future - what they say is likely to have a major impact on the single currency.
October 26,2017
Eurozone manufacturing activity rose surprisingly sharply in October, according to Purchasing Manager survey data released on Tuesday.
October 24,2017
We see a strong possibility the Pound may recover in the week ahead after Brexit talks turned more positive on Friday and bullish chart patterns support more upside.
October 24,2017
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