The Pound to Euro exchange rate remains in the upper quartile of the year’s range but an action-packed economic calendar, bond markets and the Bank of England (BoE) interest rate outlook could each or all push the boundaries of an anticipated 1.1633 to 1.1662 range for the week ahead.

July 31,2023

Fresh from its post-ECB drubbing, the Euro now faces a string of European inflation releases that could well determine whether another interest rate hike in September is likely.

July 28,2023

The European Central Bank (ECB) raised its three main interest rates by a further 25 basis points, as expected, but gave no clear indication it would hike interest rates again.

July 28,2023

Thursday's European Central Bank (ECB) policy meeting could squeeze more good news out of the Euro according to analysts who see a slowing economy and easing inflation as reasons to believe July's rate hike will be the last.

July 27,2023

The Pound to Euro exchange rate cemented positions above 1.15 following the release of survey data showing a sharp slowdown in Eurozone economic activity in July, underscoring the potential for a 'dovish' European Central Bank guidance on Thursday.

July 25,2023

The Pound to Euro exchange rate was hobbled last week and might now be set for consolidation in a rough 1.1476 to 1.1620 range in the days ahead with a risk of losses below 1.15 if the European Central Bank (ECB) turns more ‘hawkish’ on Thursday. 

July 25,2023

The European Central Bank (ECB) forms the near-term risk for the outperforming Euro and one investment bank research team warns of downside risks if policymakers in Frankfurt strike a 'dovish' tone next week.

July 20,2023

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