The pound sterling is favoured to advance against the euro in the long-term as analysts suggest a return to focus on economic performance will likely play into the hands of the GBP.
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The euro rate complex is today seeing firmer conditions with gains coming against the pound sterling (GBP), US dollar (USD) and the under-pressure commodity complex.
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The British pound (GBP) exchange rate complex has recovered ground lost to the US dollar through the closing stages of the previous week - a strong start to the week confirms that perhaps a bottom …
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Exchange rate markets face three major events next week: the US Fed (Weds), inflation in the US and Eurozone (Weds ) and the Scottish referendum (Thurs), Nomura forecasts a potential ‘return of vol…
Read more … →The British pound (GBP) saw its best day on the exchange rate markets in the mid-week session since the jitters concerning the Scottish referendum were first felt ten days ago.
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Latest news, views and predictions for the three key currencies we follow - the euro, US dollar and British Pound.
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The euro exchange rate complex (EUR) has been severly undermined by the latest ECB policy surprises which are likely to drive an even greater ‘yield-wedge’ between EUR, USD and the GBP in the comin…
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