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
Pound Sterling is prone to further weakness against the Euro in the short term with a technical deterioration on the charts advocating for further downside and suggesting the 2023 uptrend had faded.
July 25,2023
Knot says Eurozone inflation to fall back to 2.0% target in 2024.
July 18,2023
The Pound to Euro rate has veered into a consolidation on the charts and could be most likely to trade within a relatively narrow range in the week ahead, one spanning the gap between roughly 1.1609 and 1.1679, though with some risk of a break higher.
July 17,2023
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