Pound recovers against the Euro

GBP looks to extend its recovery against EUR amidst an easing of pressures in UK bond markets and ongoing weakness in the Euro-Dollar exchange rate.

September 29,2022

Pill

In an attempt to calm UK gilt markets, and a bruised Pound Sterling, Pill said the central bank was prepared to deliver a "significant policy response".

September 28,2022

The Pound to Euro rate has sustained heavy losses in recent trade but could fall further this week in search of a new equilibrium from which Sterling assets are able to offer the UK's would-be economic sponsors a sufficient risk-adjusted return, although the author suspects that it's unlikely to fall any further than 1.07.

September 26,2022

Pound Sterling vs. Euro

Bank of England to hike rates again Thursday, but will gift GBP a one-way ticket lower say analysts at Barclays.

September 22,2022

The Pound to Euro exchange rate has notched up a seven week run of losses but could fall much further this week and potentially to all-time lows if the market takes fright at a possible Thursday monetary policy decision by the Bank of England (BoE) to lift Bank Rate significantly. 

September 21,2022

Pound to Euro

Pound Sterling is set to complete a third successive weekly decline against the Euro.

September 16,2022

Gas production

Gas prices are forecast to ease through the winter according to Goldman Sachs, a view if correct should ease downside pressure on the Euro.

September 13,2022

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