Euro exchange rates (EUR) are today in full recovery mode after a mid-week dip. However, the ECB decision later in the day could prove to be a key risk and a recent break of key support has seen so…
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Wednesday saw impressive gains for the British pound against the euro; however mid-morning trade in London is seeing these gains erased.
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Wednesday has seen the meteoric rise of the pound to euro exchange rate which has shot higher to hit the 1.21 level.
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The outlook for the pound to euro exchange rate is positive as the euro comes under mounting pressure right across the breadth of the global FX market place.
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The euro rate today: EUR sent lower by a stronger US dollar and pound sterling on Wednesday as markets ignored some good data on the retail sales front.
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The euro rate is today firm even as Eurozone inflation falls yet further and German unemployment ticks up. Why is the euro so strong then? We offer a reason in today's EUR coverage.
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The euro is likely to continue its decline against the British pound in the medium-term say analysts at Swissquote Bank.
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