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
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
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
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
Bank of England to hike rates again Thursday, but will gift GBP a one-way ticket lower say analysts at Barclays.
September 22,2022
Page 84 of 360