11 September 2016 British Pound / Euro Exchange Rate: Staying Bearish

GBP/EUR has fallen for two consecutive days and if it posts another red down day on Friday 9 that will form a pattern called ‘Three Black Crows’ which is a bearish predictor.

Read more … →
07 September 2016 Euro Strength Capped as Traders Anticipate Further ECB Action Following September Meeting

The Euro is in focus today as the European Central Bank deliver their latest monetary policy changes.

Read more … →
06 September 2016 More Losses for Euro to Pound Sterling Exchange Rate Likely, Minimum Target at 0.8260

The EUR/GBP pair has started falling due to the pound being supported by recent data, where to now for EUR/GBP?

Read more … →
06 September 2016 Potential 3% Upside in British Pound / Euro Exchange Rate Over Coming Months say Morgan Stanley

“GBP has recovery potential from here as post-Brexit data have come in stronger thananticipated.”

Read more … →
05 September 2016 Euro Exchange Rate Forecasts 2016 through 2017: Stronger Now, Weaker Later

Morgan Stanley is maintains a bullish stance on the single currency only days before the ECB Governing Council meeting.

Read more … →
05 September 2016 AFEX: "Further Gains Should Unfold" for Pound / Euro Exchange Rate

The British Pound has recovered from multi-year lows set in August at around 1.1475 to back above 1.19 at the time of writing.

Read more … →
05 September 2016 UK-German Trade Slowdown to Deliver 0.7% Hit to German GDP say Barclays

The UK is a major destination for German exports and the falling exchange rate and Brexit-induced uncertainty is forecast to make a notable dent on German growth.

Read more … →