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The Pound to Euro rate was steadier on its feet in the final session of the week after market concerns about European gas supplies weighed on the single currency and helped lift Sterling further off its earlier lows.
April 1,2022
The Pound to Euro exchange rate has been left stricken by a softer of Sterling and a steamrolling rally from the European single currency but could be likely to stabilise above an important level of technical support that was tested for the first time in the penultimate session of the week.
March 31,2022
The Pound to Euro exchange rate reached new 2022 lows after placing a major level of technical support under pressure in the mid-week session amid an ongoing rally by the single currency and a persisting underperformance by Sterling.
March 30,2022
The Pound to Euro exchange rate slumped further on Tuesday as the European single currency rallied amid claims of a Russian military de-escalation in Ukraine and as another round of negotiations between the two sides came to a conclusion in Turkey.
March 29,2022
The Pound to Euro exchange rate has rebounded swiftly from its mid month sell-off but struggled last week to extend the recovery much beyond 1.2050 and ebbing momentum now risks sidelining Sterling into a consolidation beneath its earlier highs.
March 28,2022
UK inflation is set to peak at 10% says TD Securities, delivering a surge in prices that will inevitably hit economic activity and send Pound Sterling lower against the Euro and Dollar in coming weeks.
March 25,2022
GBP/EUR passes possible inflection point as inflation may become GBP headwind.
March 24,2022
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