The Pound to Euro exchange rate rose to one-month highs last week but could now struggle to advance much further in the days ahead and may even be at risk of fresh selling as the Westminster Circus descends again into the kind of farce most typical of one of those old Carry On films. 

October 17,2022

Truss and Kwarteng

Talk of a u-turn by the UK government that would overturn their 'mini budget' announced in September could be driving Thursday's strong rally in the British Pound.

October 13,2022

Pound Sterling is tipped to fall against the Euro over the coming days by strategists at RBC Capital Markets in their latest "Trade of the Week" recommendation.

October 14,2022

The Pound to Euro rate has reversed much of its recent losses but could be likely to consolidate its recovery this week as investors digest important UK economic data and speeches from Bank of England (BoE) policymakers.

October 10,2022

Cleverly

The UK and EU have struck a notably more conciliatory tone over the issue of Northern Ireland in a development that improves the outlook for the British Pound, and the Pound to Euro exchange rate more specifically.

October 4,2022

 

The Pound to Euro exchange rate has rebounded sharply from last week's lows but its prospects for a further recovery are uncertain and it may be the case that the best Sterling can hope for in the days ahead is to meander sideways in a pattern of range-bound consolidation near to technical resistance at 1.1419.

October 3,2022

Scant support for the Euro

The ECB is expected to come "out in force" in response to Eurozone inflation data that has reached double digits, however this will offer scant support to Euro exchange rates say analysts.

September 30,2022

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