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The Pound is the best performing major currency of the past week, helped by a string of supportive economic data that includes Friday's consensus-beating retail numbers.
November 19,2021
The Pound to Euro exchange rate rose to its highest level in 2021 at 1.1910 after UK inflation beat expectations.
November 17,2021
The Pound to Euro exchange rate was seen making an approach on its 2021 best at 1.19 following the release of robust labour market statistics out of the UK.
November 16,2021
GBP/EUR has begun to pare early November losses and could attempt to regain a toehold above 1.17 over the coming days.
November 15,2021
"We doubt that GBP will profit much from early rate hikes" - Swedbank.
November 11,2021
The bullish sentiment that pushed the Pound to Euro exchange rate to 1.19 has "evaporated" for now says a noted technical analyst we follow, a call that comes as tensions between the EU and UK ratchet up once more over the issue of Northern Ireland.
November 10,2021
GBP/EUR starts the new week hobbled by the market response to last week’s Bank of England (BoE) monetary policy decision but it could be likely to stabilise above the nearby 1.1650 level over the coming days, albeit with only limited upside potential.
November 7,2021
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