Pound Sterling came under renewed pressure against the Euro ahead of the weekend amidst a global equity market selloff that underpins how important external investor sentiment is. But this week see…
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Pound Sterling in late-week swoon against the Euro after global stock markets see aggressive selling.
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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."
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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 competit…
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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.
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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.
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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.
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