Is it likely the European Central Bank will begin reducing – or tapering – its stimulus purchases as rumours suggest, or are investors jumping the gun when it comes to speculating on policy?
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Italian Lender Unicredit has adjusted one of its long-term positions, raising its EUR/GBP target to 0.9300 as a result of continued expected Pound weakness and Euro strength.
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Analysts at ING have says a continued fall in UK interest rates will push the Pound to notable levels of undervaluation against the Euro.
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The EUR/GBP pair is on the move again, rising up on renewed Brexit tension, the question is, has this triggered a new trend higher which is likely to go to new multi-month highs or has the pair alr…
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There are still many reasons to remain hopeful for the Euro argue bullish major bank analysts, from J P Morgan, Credit Agricole, Morgan Stanley and Societe General.
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Pound Sterling starts the new week sharply lower against the Euro however coming days promise a busy calendar of both news headlines and economic data which will keep the currency volatile.
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Technical strategists at Credit Suisse have told us why they believe the British Pound remains a core ‘short’ in their trading portfolio.
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