The British Pound fell sharply against the Euro ahead of the weekend amidst a broad-based rally in the European currency.
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“Once this election is over, we expect GBP to succumb to downside political, structural and cyclical drivers”
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UBS dismiss arguments that the June election is likely to lead to a softer Brexit outcome and actually sees signs of vulnerability for Sterling on the horizon – especially if polls prove accurate.
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Foreign exchange strategists with Deutsche Bank have told clients it could be time to start betting against the Pound again with the outcome of the upcoming General Election likely to prove disappo…
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RBC Capital Markets have confirmed their trade of the week to be buying the Euro using Pound Sterling in anticipation of Euro appreciation.
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The British Pound fell against the Euro and other major currencies overnight after a new poll showed that the Labour party was on course to add an extra 30 seats to their existing parliamentary tal…
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The Pound to Euro exchange recovered during quiet trading over the bank holiday largely in line with our expectations.
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