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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
The Euro looks set to remain supported against the British Pound as hopes grow Russia and Ukraine will reach an accord to end the war.
March 16,2022
GBP/EUR vulnerable to more resilient Euro, BoE decision also a possible downside risk.
March 14,2022
ECB’s shifting stance seen weighing on GBP/EUR, signals conditional policy normalisation in progress.
March 11,2022
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