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GBP is a 'sell' against the EUR with some strategists and will unlikely regain its 2024 highs as the Bank of England sharpens the knife for a June interest rate cut.
May 15,2024
The Pound proved resilient following the release of above-consensus wage data, but it has lost ground following Huw Pill's latest speech.
May 14,2024
After two consecutive weeks of decline, the Pound to Euro exchange rate will need a strong wage print to end this week in the green.
May 13,2024
Pound Sterling continues to lose ground against the Euro in the run-up to Thursday's Bank of England decision.
May 9,2024
The Pound to Euro exchange rate could drop towards the April lows if this week's Bank of England guidance and forecasts point to a June interest rate rise.
May 6,2024
The Pound to Euro exchange rate could trade with a heavy tone through May as it becomes clear the Bank of England will consider cutting interest rates in June.
May 3,2024
The British Pound is an attractive 'long' candidate against the Euro and other G10 currencies as the Bank of England won't cut interest rates by as much as markets expect.
May 1,2024
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