Technical analysts at Lloyds Bank reckon the British Pound’s positive start to the new week against the Euro is likely to be short-lived as the exchange rate is in the middle of a longer-term range which makes for choppy conditions.
October 10,2017
The Euro-to-US Dollar could extend its short-term bearish bias if data from the US continues to favour more Dollar strength, whilst the Euro is vulnerable to a monetary policy U-turn by the European Central Bank (ECB).
October 8,2017
The Pound is forecast to continue falling versus the stronger Euro in the week ahead as GBP/EUR's short-term downtrend extends. Politics may be the key driver as Brexit talks reach their conclusion and a constitutional crisis brews in Spain.
October 9,2017
The risk of a Catalan independence declaration triggering a breakup of the Eurozone remains low, but it will leave the European integration agenda on life support and the common currency struggling to achieve its full potential.
October 6,2017
The GBP/EUR exchange rate is on the back-foot, but how much further will the exchange rate fall before buyers step in?
October 6,2017
ECB policymakers are still concerned about the currency and underlying inflation, but will almost certainly announce a tapering of QE before year-end.
October 5,2017
Pound Sterling approaches a key support level vs. the Euro that must hold if the lion's share of the gains made in September are to hold.
October 5,2017
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