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

Global stock markets are stabilising as some semblance of investor confidence creeps back following yet more strong central bank interventions, the confidence is in turn creating the conditions for a potential stabilisation in the GBP/EUR exchange rate which fell to its lowest levels since 2008 in the past 24 hours.

March 19,2020

The first timely survey of the Germany economy that will account for the impact of the coronavirus outbreak confirms a substantial deterioration in business sentiment owing too the virus.

March 17,2020

The British Pound simply cannot catch a break against a fast appreciating Euro, with the spot Pound-to-Euro exchange rate dipping below 1.10 on Monday, March 16 amidst an ongoing coronavirus-inspired market slump.

March 16,2020

The Pound-to-Euro rate closed its worst week since October 2016 on Friday after suffering a more-than 4% loss but it faces a pickup in volatility as national 'epidemic curves' rise and fall in the week ahead and ultimately, the risk of further Brexit-referendum-sized declines as the UK epidemic gathers pace. 

March 15,2020

Strategists at French-domiciled global investment bank Société Générale see the potential for the Euro to fall against the Pound heading into a crucial meeting of the European Central Bank (ECB).

March 12,2020