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
The accepted wisdom is that Italy’s referendum on the 4th of December is a major political challenge to the integrity of the Eurozone, but do all analysts agree as some appear to be downplaying its importance.
November 26,2016
The pound to euro pair is steadily pushing higher towards our targets at 1.1900 and 1.2000, and although it is looking a little overbought, the uptrend remains intact and likely to extend following a pause.
November 23,2016
The Euro exchange rate complex is charging higher on Monday morning, lead by a strong recovery bounce in the now heavily oversold EUR/USD.
November 22,2016
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