Euro exchange rates firmed ahead of the weekend courtesy of news Eurozone inflation printed on the upper end of expectations in April, lowering the odds of a succession of interest rate cuts from t…
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The Pound to Euro exchange rate rose to a new 2024 high at 1.1770 on Tuesday but has reached the limits of its abilities, says one currency analyst we follow.
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The Pound to Euro rate is forecast to fall back into its 2024 range and potentially test levels below 1.17 in the week commencing May 27 as Sterling's post-inflation rally runs out of steam.
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Strategists say the UK General Election of July 04 is no headwind to Pound Sterling; in fact, it is why some are holding a bullish stance on the UK currency.
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Pound Sterling risks a setback against the Euro if the midweek release of UK inflation undershoots expectations and Eurozone PMI figures better those from the UK on Thursday, as some analysts expec…
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Pound Sterling commands a bullish bias against the Euro in the near term, but next week's inflation print could prompt meaningful losses if it comes in soft and solidifies a June rate cut at the Ba…
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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.
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