The pound sterling (GBP) is unable to catch a break at the present time - despite dire economic news coming out of the Eurozone the EUR/GBP rate has bounced higher.
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The euro exchange rate remains under persistent pressure on global FX. The sell-off has eased but one gets the sense that the bears are merely reloading their amunition.
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The key story today is the recovery in the dollar exchange rate complex - the USD advanced against both the euro and pound sterling after it was shown US initial jobless claims dipped in the week e…
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The sterling has started to find fresh form against the euro once again after a string of poor data releases were released indicating the Eurozone economy is dangerously close to slipping back into…
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Exchange rate markets continue to hold the euro in low esteem - the 2014 sell-off is forecast by many to extend into 2014.
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Technical trading prevails in the currency markets; the dollar has fallen prey to some profit-taking in the wake of the post payrolls rally.
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Analysts confirm the British pound (GBP) will remain preferred to the euro. Here we consider the latest forecasts for the GBP/EUR pairing.
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