Should current gains extend above 1.11, a fall to parity in the GBP/EUR exchange rate becomes increasingly unlikely.
Read more … →Last week Mario Draghi dismissed concerns about the impact of the appreciating Euro on the Eurozone's fragile recovery and as a consequence, the Euro rallied.
Read more … →The EUR/GBP is pushing below the 50-day moving average following the release of higher-than-expected UK inflation data.
Read more … →Futures market positioning is getting overstretched on the Euro - what could this mean for the exchange rate?
Read more … → The dominant driver of Euro price action until recently, political risk could be staging its own comeback in the Eurozone.
Read more … →Pound Sterling is said to be gaining some near-term positive momentum as a positive correction continues to deliver gains.
Read more … →The Pound to Euro pair has struggled higher, outlining deep waves of buying and selling since the establishment of the August 29 lows.
Read more … →