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For those selling euros and buying pounds, Citibank's currency trading desk has some advice, telling its clients to lock in the recent gains in EUR/GBP and "anticipates a gradual move lower."
September 6,2024
Pound Sterling has retreated from recent highs against the Euro and could be set for a period of consolidation. Those looking to buy euros should cover some exposure at these levels with a competitive currency provider, says one market professional.
September 10,2024
Pound Sterling has fallen against the Euro and Dollar amidst a sizeable slump in global equity markets. However, supportive UK interest rate expectations can limit downside.
September 5,2024
The Pound to Euro exchange rate (GBP/EUR) has fallen to 1.1860 as the September selloff extends, with losses linked to faltering global investor sentiment.
September 3,2024
Pound Sterling has risen for six months in succession against the Euro, but a recent recovery stalled at 1.19 and we could see a pullback evolve in the coming days.
September 2,2024
Pound Sterling's recovery against the Euro ran into technical resistance ahead of the final day of trade in August. However, a potential test of 2024's highs looks to be on the cards for September.
August 30,2024
The Pound to Euro exchange rate rally extends another day, with a high of 1.19 printed on Thursday.
August 29,2024
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