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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
A recalibration lower of Eurozone growth expectations relative to the UK could ultimately prop up the GBP/EUR exchange rate.
July 1,2022
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
"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
The UK economy continued to grow in June with PMI survey data coming in stronger than expected.
June 23,2022
GBP will endure a steady trend of decline in value agains the Euro over the coming 12 months shows research from Wall Street bank Goldman Sachs.
June 21,2022
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