The Euro is strong, but can it get stronger?
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The Pound to Euro exchange rate is forecast to defend a floor towards 1.11 for the duration of 2017 and early 2018 we are told by an analyst at the world’s largest investment bank.
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The Euro appears to be strengthening against its major counterparts after the release of ZEW economic sentiment data, despite the gauge showing a modest fall compared to analysts’ expectations and …
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Pound Sterling is expected to suffer a sizeable adjustment lower against both the Dollar and Euro, and not even an interest rate rise at the Bank of England will help the currency.
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This morning's release confirms that Eurozone inflation continues to trundle along at a low level despite the widespread economic recovery in the region.
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Foreign exchange strategists at Nomura Securities are looking for the Pound to gain against the Euro over coming weeks.
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Central banks are certainly in charge of foreign currency markets since the ECB’s Forum on Central Banking, held in Sintra, Portugal at the end of June.
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