The Pound to Euro exchange rate could fall following the European Central Bank's June interest rate cut.
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A Labour win on July 04 would be supportive of Pound Sterling, which remains significantly undervalued against the Euro, according to a new currency research note.
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What is the Pound to Euro forecast for the week ahead? We forecast Pound Sterling will try and establish a base following Friday's selloff, with risks of €1.17 if Thursday's ECB decision is interpr…
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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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