The British pound is attempting to claw back ground lost to the euro on Friday. Trading remains volatile and at present it is hard to forecast a clear winner.
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Euro exchange rates are today under pressure as volatility in global markets spikes making for interesting trading conditions however the outlook against the US dollar is positive.
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The pound to euro exchange rate has come under renewed pressure as currency markets begin to get the hint from the Bank of England that they have mis-priced their dates on interest rate rises.
Read more … →Euro rates (EUR) are today reasserting themselves on the global foreign exchange rate markets giving forecasters further reason to turn bullish on the EUR in the near-term.
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Euro rates are today higher across the board thanks to an improving economic picture in Europe which could challenge the notion that the euro will underperform in 2014.
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The euro sterling exchange rate has headed higher on Thursday morning, a strong response to yesterday's hefty declines.
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The British pound has fallen back against the Euro on Thursday morning, however forecasters suggest further gains remain possible for the UK currency.
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