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
The EU and UK are heading for another Brexit showdown and this will likely limit the rebound potential of a battered British Pound.
November 7,2021
The near-1.0% fall in the Pound to Euro exchange rate on Thursday is the largest one-day decline since September 28 and materially dents the outlook for the pair.
November 5,2021
Euro exchange rates were softer in midweek trade and faced a challenging outlook after the ECB's Lagarde sent markets a clear message that they were wrong to expect interest rate rises as soon as 2022.
November 3,2021
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