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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
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
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