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EUR/GBP broke the £0.90 ‘handle’ on a broad-based sell-off in Sterling as the Bank of England opted to keep interest rates unchanged and downgraded economic forecasts in its latest inflation report.
August 3,2017
Beware a pro-Sterling outcome to the Bank of England’s ‘super-Thursday’ event due at mid-day on August 3.
August 9,2017
Pound Sterling's long-term trend against the Euro is still down. This is the view of a leading foreign exchange technical analyst who we have been following for some time now.
August 2,2017
UniCredit have announced a material upgrade to their forecasts for the Euro against the Dollar while they maintain a bearish view on Pound Sterling.
August 2,2017
The Bank of England’s rate decision and Quarterly Inflation Report on Thursday are the highlights of the UK event calendar.
August 1,2017
The Pound to Euro pair is correcting within a dominant short-term downtrend.
August 1,2017
“Given still-flat positioning, the weak USD and the focus of FX investors on the timing of the ECB’s QE taper, we would expect a bigger move in the EUR in the event of a hotter than-expected core reading.”
July 31,2017
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