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Market-watchers still see the European Central Bank (ECB) easing policy further at their December 7 meeting despite Mario Draghi’s recent warnings about the danger of low interest rates.
November 30,2016
An improved outlook for the economy is unlikely to offset weakness caused by extended Brexit insecurity.
December 1,2016
GBP/EUR is set to end 2016 at 1.16 but then rise to 1.21 by mid-2017, argues Lloyds’ Mahadevan.
November 30,2016
Pound Sterling continues to play second-fiddle to a recovering Euro which is due a much-needed relief rally.
November 30,2016
GBP/EUR may be set for more gains after UK Q3 data came out pleasingly strong and a plethora of elections in Europe may highlight the rise of the far right and the disintegration of the EU.
November 29,2016
With a plethora of various elections and the rise of the political right the outlook for Europe is very uncertain and this is rubbing off on the Euro; the Pound meanwhile provides a close repository for flows from a crisis-hit Europe, conclude SEB Bank.
November 27,2016
The GBP/EUR had been threatening to break lower, however, data showing resilient Business Investment and GDP have helped support the pair.
November 26,2016
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