Analysts at foreign exchange specialists Argentex say there is scope for the Pound-Euro exchange rate to leap over the 1.20 barrier in the event of the EU and UK finally reaching a post-Brexit trade deal.

October 28,2020

The Pound-Euro exchange rate remains supported and could look to recover in the coming days as hopes of a Brexit deal being agreed by mid-November solidify and as the European Central Bank (ECB) seeks to head off another advance in the trade-weighted Euro at Thursday’s policy meeting. 

October 26,2020

A broad-based strengthening in the Euro combined with a stuttering Pound conspired to push the Pound-to-Euro exchange rate below the key 1.10 level, but expectations for a resumption in talks should keep losses shallow.

October 21,2020

The Pound-to-Euro exchange rate slipped by a fraction last week in price action that may belie the true extent to which 'no deal' Brexit risk has risen, but with a boy who cried wolf so many times before still in 10 Downing Street, investor indecision may now ensure Sterling remains range-bound over the coming days.

October 19,2020

The British Pound maintains a technical uptrend against the Euro that is supportive of a view that further gains can be eked out in the near-term, particularly if the fundamental backdrop concerning Brexit trade negotiations remains cautiously constructive.

October 16,2020

The British Pound is forecast to remain under pressure against the Euro over coming weeks by Natwest Markets, citing Brexit trade negotiations that won't conclude anytime soon and expectations for the UK economy to remain unattractive to international investors.

October 13,2020