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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
The British Pound extends a recovery against the Euro and Dollar amidst an improved global market sentiment, with renewed hopes for a diplomatic breakthrough to the war in Ukraine providing investors some cheer.
March 23,2022
Prospects for a peace settlement in Ukraine have slipped notably this week and will likely keep the Euro under pressure over the near-term, say analysts.
March 22,2022
GBP/EUR steadier & looking for footing above 1.18, but upside limited by cautious turn in BoE’s stance.
March 21,2022
The British Pound fell sharply in reaction to the Bank of England decision to raise interest rates at a third consecutive meeting.
March 17,2022
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