One of the best-performing currencies this week has been the Euro, which has forced the GBP/EUR exchange rate right back down to levels last seen in early December.
Read more … →Foreign exchange strategists at J.P. Morgan have upgraded their GBP/EUR forecast for the first half of 2017 but kept their sub-1.10 forecast for year-end in tact.
Read more … →The GBP/EUR pair is showing signs of topping, and with a possible topping pattern forming may be ripe for a correction, however, more downside is required to confirm.
Read more … →The GBP/EUR exchange rate looks remains capped below 1.20 but a number of key economic releases due out this week could well aid the exchange rate in shattering the ceiling.
Read more … →The Bank of Englandโs Rate Meeting as well as Federal Reserveโs FOMC are the major events on the economic calendar in the week ahead.
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