Europe's single currency is seen on the back foot in the short-term although strategists are still upbeat about the medium to long-term outlook.
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The Pound-to-Euro exchange rate is likely to remain under pressure ahead of the UK’s exit from the European Union say analysts at UniCredit bank in their latest foreign exchange forecast update.
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Pound-to-Euro buyers could benefit from a reversal of roles between the two currencies now the spectre of a second German election is hanging in the air.
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UK economic growth is slowing at a time when the recovery on the continent is gaining momentum. This could push the Pound-to-Euro to new lows in 2018.
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The Euro starts the new week softer on news German Chancellor Angela Merkel's efforts to form a three-way coalition government have failed, opening the prospect of fresh elections in Europe's large…
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The Pound starts the week on the front foot against the Euro which suffers on news German coalition talks are at crisis point but our technical studies suggest GBP/EUR is likely to remain close to …
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It's happened again - the market has refused to let the Pound fall to below 1.11 against the Euro which tells us something about the immediate outlook for the Pound-to-Euro exchange rate.
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