Pound to Euro Forecast | Pound to Dollar Forecast | Euro to Dollar Forecast | Pound to Australian Dollar Forecast | Pound to New Zealand Dollar Forecast | Pound to Canadian Dollar Forecast
A notable decline in the Euro has allowed the Pound to build on its recent recovery, with Monday's 0.75% rise taking the Pound-to-Euro exchange rate back above 1.12 to trade at 1.1260.
March 30,2020
The Pound-to-Euro rate closed its best week since September 2017 on Friday and the charts are flagging that period of consolidation is now likely, although the trajectory of the exchange rate will be determined more in the week ahead by investors' appetite for risk than it will anything else.
March 29,2020
The British Pound advanced against the Euro on Thursday alongside a lift in global equity markets, as investors bet that global central banks and governments had done enough to minimise the negative economic impact of the coronavirus outbreak.
March 26,2020
The risk of Pound Sterling falling to parity against the Euro is considered to be high by foreign exchange analysts at Nordea Markets, one of Europe's major lenders and investment banks.
March 26,2020
A surge in demand for Euros and the market's lingering distaste for Sterling has seen the Pound-to-Euro exchange rate endure another +1.0% decline in the space of 24 hours.
March 25,2020
The Pound-to-Euro rate rallied into the weekend and the charts suggest it could extend that corrective rebound over the coming days, although the technical winds are now against Sterling and the market verdict on the government's latest measures for dealing with the coronavirus is a risk to the currency this week.
March 22,2020
Pound Sterling has appreciated in value by 3.0% on March 19 following a decision by the Bank of England to cut interest rates and significantly boost its quantitative easing programme while similar moves by the European Central Bank appear to have put a lid on Euro strength.
March 20,2020
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