The British Pound was seen under pressure against a resurgent Euro on Wednesday, courtesy of improving sentiment towards the Eurozone's single currency and developments in the UK's sovereign bond market that saw bond yields fall into negative territory.

May 20,2020

Decisive steps towards a joined-up European response to the economic carnage wrought by the coronacrisis were made on Monday, resulting in improved investor sentiment towards European assets and the Euro exchange rate complex.

May 18,2020

The Pound-to-Euro rate closed its worst week since the height of panic over the coronavirus on Friday but could attempt to stabilise in the coming days as it nears support on the charts, although analyst commentary suggests this will only be a short-lived period respite ahead another big leg lower.

May 17,2020

This graph suggests the UK is now testing a greater proportion of its population than any other country in the given comparison, a positive development for an under-fire British Pound.

May 17,2020

The Pound-Euro rate is roadblocked on the charts and vulnerable to a correction over a multi-week horizon, technical analysts say, and this week will also be guided by the market response to the government's lockdown exit plan and official data that will reveal the cost of the coronavirus for the economy in the first quarter.

May 10,2020

A ruling by a German court that says the European Central Bank's flagship quantitative easing policy is unconstitutionally sound has allowed the Pound-to-Euro exchange rate to move higher and test a formidable resistance level once more, which if broken could open the gate to fresh multi-week highs.

May 6,2020