GBP/EUR going lower says Danske Bank, but City Index analyst sees potential for gains.
November 2,2022
The Pound to Euro rate has extended its recovery from September's lows to reach two-month highs in recent trade but may be susceptible to profit-taking this week due to uncertainty about Thursday's Bank of England decision and risk of the BoE raising Bank Rate to a lesser extent than markets expect.
October 31,2022
The Pound to Euro exchange rate has recovored from September's losses but could partially reverse recent gains in the months ahead as poor UK economic fundamentals take centre stage again, according to Rabobank forecasts.
October 28,2022
The Pound to Euro exchange rate climbed back toward its October highs after the European Central Bank (ECB) announced another abnormally large increase in its interest rate and warned that its policy settings could impose an added burden on the Eurozone economy in the near future.
October 31,2022
The Pound to Euro exchange rate has defied gravity near to one month highs in recent trade but will struggle to recover further this week unless Thursday's European Central Bank (ECB) interest rate decision disuades the market of its recently improved appetite for the single currency.
October 27,2022
The Pound to Euro exchange rate entered the new week on its front but could struggle to extend Monday's recovery by much beyond the nearby 1.15 level unless this Thursday's European Central Bank (ECB) leads the market to shy further away from the single currency.
October 24,2022
The British Pound's strong run came to a shuddering halt on Tuesday following some fresh uncertainty in UK bond markets.
October 18,2022
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