The euro (EUR) has sold off against a stronger pound sterling this week, but the euro dollar rate (EUR/USD) appears to be heading into a summer stalemate.
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The British pound (GBP) has been pushed to twenty-two month highs against the euro and remains at six-year highs against the US dollar as better than expected manufacturing and construction data ce…
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The euro continues to advance on the global foreign exchange rates as markets look forward to no more interference from the European Central Bank in coming months.
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The British pound (GBP) is forecast to maintain a positive bias against the euro in coming sessions on the foreign exchange rate markets as UK economic data continues to support the unit.
Read more … →The British pound (GBP) is the stand-out on the exchange rate markets at present having endured falls over the mid-week period. The US dollar has meanwhile seen fresh strength on the back of good d…
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The British pound (GBP) has fallen against the euro on the foreign exchange markets on Tuesday and Wednesday as the Bank of England (BoE) blows hot and then cold on its communications over interest…
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Currency analysts at Bank of America Merrill Lynch are standing by their 2014 forecast that sees a lower euro dollar exchange rate.
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