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
Deep declines in the GBP/EUR exchange rate are forecast by analysts at Morgan Stanley, a reminder that the current rally may be a fragile one.
November 27,2016
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