The Pound to Euro rate ended last week with a sharp rally from seven month lows but it could be likely to stall around the nearby 1.1827 level this week in which parliamentary testimonies from Bank of England (BoE) policymakers and a deluge of UK economic data are the highlights for Sterling.
May 16,2022
Euro under pressure as surging gas prices lower the prospects of a European Central Bank interest rate rise.
May 13,2022
The Euro was battered amidst another spike higher in natural gas prices, this time on news Russia was making fresh moves to restrict supplies to Europe.
May 12,2022
The Pound to Euro exchange rate's decline extended on the day the Office for National Statistics announced the UK economy shrank in March.
May 12,2022
ING raise EUR/GBP forecasts, MUFG hold tactical buy on EUR/GBP and Crédit Agricole says EUR to benefit from ECB policy shift.
May 11,2022
Investment bank Goldmans Sachs have raised their target on a trade betting the Euro will rise further in value against the British Pound.
May 10,2022
The Pound to Euro exchange rate has been hobbled alongside most other Sterling pairs but enters the new week couched in a pocket of important technical support levels on the charts and at a depth that creates opportunity for shortsighted dip buyers ahead of Thursday’s first-quarter GDP report.
May 9,2022
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