SNB no longer there to support EUR

The euro has lost its latest deep-pocketed buyer says Alex Kuptsikevich, FxPro senior market analyst.

July 6,2022

Euro being sold

The Euro has fallen to its lowest level since 2003 against the Dollar and is on the back foot against the Pound amidst a sharp deterioration in investor sentiment towards the Eurozone as gas prices surge following morning reports of the shutdown of a key gas transit pipeline.

July 5,2022

The Pound to Euro rate has been almost volatile during recent trading but could be likely to find itself confined within roughly a 1.1544 to 1.1695 range during the week ahead as Sterling and the Euro increasingly lack differentiation from one another.

July 4,2022

GBP to EUR

A recalibration lower of Eurozone growth expectations relative to the UK could ultimately prop up the GBP/EUR exchange rate.

July 1,2022

German inflation might have peaked

Early data out of Germany suggests the inflation peak might have passed, resulting in falling Eurozone bond yields and Euro exchange rates.

June 29,2022

Pound vs. Euro exchange rate

"EUR/GBP has been trending steadily higher for over 20 years and should keep going up" - Soc Gen.

June 29,2022

The Pound to Euro exchange rate has drawn bids from the market when near or below the 1.16 handle and could be likely to remain supported above this level during the week ahead in which market focus will likely be on central bank speeches and economic data due from the Eurozone.

June 27,2022

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