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The Euro jumped across the board after the European Central Bank raised interest rates by 50bp points an announced the creation of a new mechanism to ensure the Eurozone's diverse financial system remains stable amidst rising interest rates.
July 21,2022
The Pound to Euro exchange rate has retreated over the course of the past week but Thursday's crucial European Central Bank policy decision on interest rates could allow for a recovery.
August 2,2022
The European Central Bank could go with a 50 basis point rate hike this Thursday, according to reports.
July 21,2022
Euro exchange rates face the prospect of a highly volatile few days of trading as this week brings with it the European Central Bank's policy meeting as well as the planned restart date for the Nord Stream 1 gas pipeline.
July 19,2022
The Pound to Euro exchange rate has retreated from near two month highs and could fall further toward 1.17 this week if all goes well for the European Central Bank (ECB) on Thursday but there’s also a flurry of UK economic data due out that could potentially incite Sterling into another climb above 1.18 beforehand.
July 18,2022
"A political vacuum could send Italian spreads above 250bp without help by the ECB, and add pressure to the euro"
July 15,2022
Pound under pressure as Nordstream 1 gas pipeline closes for maintenance and fears are elevated that it might not reopen.
July 14,2022
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