Is stronger-than-expected inflation now a negative for Euro exchange rates?
March 2,2023
Improved sentiment saw Pound Sterling recover from its lowest levels since September and end February with a gain against the Euro, and March could see further gains according to some analysts we follow.
March 1,2023
GBP/EUR gains a toehold near 1.13 but upside is limited.
February 27,2023
The Pound to Euro exchange rate has risen to become one of the best performing Sterling pairs of the week and is tipped by strategists at Credit Suisse for an eventual recovery near to 1.15, though they also suggest buying in on dips, indicating that it could be at risk of weakness beforehand.
February 24,2023
Investors now anticipate the Bank of England to raise interest rates to as high as 4.5% following a recent run of strong economic data, a development that could offer the Pound ongoing support say currency analysts.
February 23,2023
Foreign exchange strategists retain a cautious stance on Pound Sterling and see the potential for further weakness against the Euro over the short- to medium-term.
February 21,2023
GBP/EUR support near 1.1164 but little upside ahead, recoveries may fade around & above 1.13 short-term.
February 20,2023
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