The British Pound can extend its recent recovery against the Euro, according to a senior strategist at one of Europe's largest banks.

November 30,2023

The Pound to Euro exchange rate last week recorded its largest weekly gain since August and could be entering a new uptrend in a week that will be dominated by the release of Eurozone inflation data.

November 27,2023

Such an outcome "should be positive for sterling" - Monex. 

November 24,2023

Pound Sterling extended gains against the Euro and Dollar after the UK government said it would hike the UK minimum wage by an inflation-busting amount in 2024.

November 22,2023

The British Pound advanced against the Euro, Dollar and other currencies after Bank of England Governor Andrew Bailey and two other policymakers told the Treasury Select Committee there was a case for Bank Rate to be paused at 5.25% for an "extended Period".

November 21,2023

GBPEUR technical setup has broken down, key support level gives way, exposing sub-1.14.

November 20,2023

The British Pound stays under pressure against the Euro as markets bet the UK will see interest rates fall sooner and further than those in the Eurozone in 2024, an assumption that is increasingly at odds with what the Bank of England is telling us.

November 17,2023

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