The British pound is going for less than one euro at the UK's largest airport as currency shops there charge continue to charge significant spreads.
Read more … →The rule of thumb is that upside inflation surprises are supportive of a currency as they elicit additional central bank interest rate hikes.
Read more … →August has confirmed and bolstered the view that the Pound to Euro exchange rate has now entered a sideways pattern, but rising volumes and downside data surprises could break the range over the coโฆ
Read more … →An analyst we follow says he favours buying the Pound against the Euro at these levels on a tactical basis, but the Euro could benefit in the short term if inflation numbers beat expectations.
Read more … →The Pound to Euro exchange rate entered the new week under pressure near the top of its three-month range and could be seen falling back toward its 55-day moving-average in the days ahead if busineโฆ
Read more … →The Pound to Euro exchange rate has held above two-month lows and technical support offered by its 50-day moving average in recent trade, which could be set to underpin the pair again this week butโฆ
Read more … →Euro exchange rates are proving resilient in the face of a sudden increase in the price of European gas prices with some analysts saying the episode "is being over-played".
Read more … →