Consolidation is the watch-word when it comes to the GBP to EUR conversion’s outlook, but we hear there remains an overwhelming bias for further declines.
Read more … →Quarterly foreign exchange forecasts out of BMO Capital following the EU referendum show that the GBP’s recovery back above 1.30 against the EUR could will only occur in twelve months.
Read more … →The general consensus from the market appears to be that the ECB is in ‘wait-and-see’ mode, after the governing council left policy unchanged and Draghi batted back inquiries as to the future cours…
Read more … →On Thursday the governing council of the European Central Bank (ECB) will meet to discuss interest rates and monetary policy in Frankfurt. What is the impact on the euro likely to be?
Read more … →Banking giant BNP Paribas have released their post-Brexit forecasts as they update clients on where they are targeting the British Pound to trade against the Euro through the remainder of 2016 and …
Read more … →GBP/EUR is pausing after bottoming in the 1.15s, however, it remains vulnerable to further declines
Read more … →The pace of the decline in the GBP to EUR exchange rate leaves the pair looking incredibly oversold, we would expect decline to give way to consolidation over coming days.
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