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Pound Sterling looks to be in the process of recovering against the Euro, and like a moth to a flame, further advances back to the 1.17 level might be expected from here.
April 24,2024
The Pound to Euro exchange rate is forecast to recover last Friday's losses over the course of the coming week, but much will depend on the release of UK and Eurozone PMI figures for April.
April 22,2024
Pound Sterling fell after Bank of England Monetary Policy Committee member Dave Ramsden raised the odds of June rate cut.
April 22,2024
"Overall, we maintain a relatively positive bias on GBP vs. EUR" - Nomura.
April 18,2024
The Pound to Euro exchange rate could see volatility this week - albeit within a constricted range - as we navigate the release of UK wage and inflation data.
April 15,2024
Euro exchange rates are under pressure ahead of the weekend amidst signs members of the ECB's Governing Council are agitating for interest rate cuts.
April 12,2024
Euro exchange rates were broadly softer after the ECB announced interest rates would be kept unchanged but indicated that it was on course to cut them in June.
April 11,2024
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