Pound underperforms the Euro

Why has Pound Sterling fallen so sharply against the Euro today?

November 3,2016

Pound to Euro exchange rate

Analyst Lucy Lillicrap at AFEX Markets Plc says Pound Sterling’s decline against the Euro is not yet done.

November 2,2016

euro to pound sterling exchange rate 1

The Euro weakened against the pound on Monday after the release of steady but unspectacular inflation data kept alive the prospect of the European Central Bank (ECB) having to keep stimulus efforts active.

November 2,2016

euro exchange rate 1

There is a risk of the Euro recovering versus the Pound as the market’s pessimistic view of the single currency moderates and as it seems more likely the high court will rule in favour of the government.

November 1,2016

euro to dollar 2

Germany has the largest Current Account surplus of any country in the world and this is a factor supporting the Euro, which remains remarkably strong.

October 28,2016

euro exchange rate 2

Several top analysts remain bearish the pair, however, based on a review of the technical evidence.

October 28,2016

Data Irish cross border shopping weak pound

Data has confirmed a surge in shopping trips being made by residents of the Irish Republic into Northern Ireland.

October 28,2016

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