british flag exchange rates 1

The Pound-to-Euro pair is moving down again after a brief foray higher at the start of the week and the charts point to a preference for further losses on the horizon. 

October 12,2017

Catalonia boost for the Euro could be short-lived

We have seen a trivial relief rally in the EUR and think that this may just be the start of a two-week window of EUR strength ahead of the big October ECB meeting,” - Viraj Patel at ING Bank N.V.

October 11,2017

Analysis exchange rates

The Pound is defying gravity at current levels argues a leading Scanadavian lender who suggests clients should be prepared for weakness over the next three to four months.

October 11,2017

Pound / Euro in choppy trade

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

euro exchange rate 1

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

pound to euro exchange rate 1

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

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