The Pound-to-Euro exchange rate reached a new two-year high last week and may be likely to establish a more durable foothold above 1.17 over the coming days as divergence between the UK and Eurozone economies remains top of mind among investors. 

March 28,2021

The British Pound caught a bid against the Euro, Dollar and most other major currencies ahead of the weekend in a move that defied a softer stock markets and concerns for future supplies of covid-19 vaccines into the UK.

March 26,2021

A proposed ban or limit on vaccine exports to the UK from the EU has been credited by numerous foreign exchange analyst we follow as being behind a recent decline in the value of the British Pound, however such a move is being overblown says Stephen Gallo, European Head of FX Strategy at BMO Capital Markets.

March 25,2021

The Pound-to-Euro exchange rate is well supported on the charts and likely has scope to reach 1.18 over the coming weeks but must first navigate a deluge of economic data and speeches from Bank of England (BoE) rate setters.

March 21,2021

Consumer and business optimism drive economies forward and new polling shows the UK now has this key ingredient of growth in abundance, which could in turn underpin the British Pound's current trend of outperformance.

March 16,2021

The Pound-to-Euro exchange rate ended the week on its back foot amid further turbulence in the American bond market but kept a toehold on the doorstep of 1.17 and may overcome that on route to new highs this week, as the diverging policy stance of the Bank of England (BoE) vindicates Sterling's rally. 

March 15,2021