30 June 2023 Euro Softens into a New Month as Eurozone Inflation Dents ECB Rate Hike Expectations

The Euro was softer across the board on the same day it was reported Eurozone inflation data for June undershot analyst expectations and confirmed easing price pressures across the bloc.

Read more … →
30 June 2023 GBP/EUR July Outlook: Short-term Risks

EURGBP a buy at HSBC as Bank of England hike expectations to cool.

Read more … →
28 June 2023 Pound Struggles to Fend off Near-term Euro Strength as ECB Hawks Set Wing in Sintra

The Euro is proving to be an outperformer in global foreign exchange ahead of month-end, aided by 'hawkish' commentary from a number of European Central Bank officials that has boosted expectations…

Read more … →
27 June 2023 GBP/EUR Rate Can Hold Upper Hand on "Carry Advantage" say Analysts

Barclays, ING, MUFG and other institutions have said there is scope for further Pound Sterling gains against the Euro in the wake of a decisive Bank of England interest rate hike and slowing Eurozo…

Read more … →
26 June 2023 GBP/EUR Week Ahead Forecast: Rally Curbed as Inflation Data Eyed

The Pound to Euro exchange rate receded from some of its best levels since August 2022 last week and could now be likely to consolidate within a rough 1.1612 to 1.1742 range ahead of midweek remark…

Read more … →
23 June 2023 GBP/EUR Jumps as UK Two-year Bond Yield Slide Offers Relief

The Pound to Euro exchange rate has fallen below 1.17 and looks set to fight for support at the next psychological level at 1.16 as another strong run of weekly advances looks set to come to an end…

Read more … →
20 June 2023 GBP/EUR Rate Slips Below 1.17 as Summer Rains Ahead of Solstice 

The Pound to Euro exchange rate slipped below 1.17 ahead of the midweek trading session in a partial retracement of gains made since last month's Bank of England (BoE) interest rate decision but wi…

Read more … →