The British Pound is tipped to win back some ground against the Euro in the wake of today's Bank of England policy decision.
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The FX textbook says the Euro should rise when inflation data beats expectations, as this boosts the odds for more bond yield-supporting interest rate rises at the European Central Bank (ECB).
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Why is Pound Sterling falling against the Euro, and can it right itself and recover to the levels seen earlier in the year?
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GBPEUR retains bearish setup near-term, but also well supported in the low 1.14s.
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The Euro was softer after the European Central Bank (ECB) brought an end to a long-running rate hiking cycle by maintaining interest rates at existing levels while taking note of a recent drop in i…
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The Pound to Euro exchange rate has fallen to five-month lows and today's ECB decision is unlikely to improve the outlook for an under-pressure Pound Sterling; in fact, risks are tilted to further …
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GBPEUR is destined for lower levels according to new research from a leading Scandinavian bank that envisages a world in which the Eurozone economy outperforms that of the UK.
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