Eurozone inflation figures have eased pressure on the ECB and could now help the euro to form a base after Wednesday's correction.
Read more … →Profit-taking is seen as being behind a mid-week reversal in fortunes for the British Pound against the Euro.
Read more … →After shrugging off the EUR/USD surge the ECB might use next week's press conference to try and talk it down, but the jawbone effect may not last.
Read more … →The Pound to Euro is in a strong downtrend, and to state an oftstated investment maxim, "the trend is your friend until the bend at the end."
Read more … →German and Spanish inflation is expected to have edged closer toward the ECB target during August, but is not seen taking down the euro during Wednesday’s session.
Read more … →Merkel’s comments add to a discourse in which the Euro’s rally is accepted with the understanding that ultimately market forces cannot be restrained. This removes a major risk for traders who often…
Read more … →Deutsche Bank, while not optimistic on Sterling’s broader prospects against the Euro for the remainder of this year, have warned of a near-term bounce in GBP/EUR.
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