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
Pound Sterling fell below the key 1.18 level against the Euro ahead of the Bank of England's November 04 meeting, with investors increasingly of the view policy makers will opt to forego a rate rise.
November 3,2021
Pound Sterling looks set to consolidate below the previous week's highs against the Euro as traders take money off the table ahead of this week's pivotal Bank of England meeting.
November 1,2021
Strategists at Macro Hive are preparing for the British Pound to potentially breach the long-term range it has held against the Euro as volatility returns to what has been a sleepy market for much of the year.
October 29,2021
Technical analysis suggests bullish breakout favoured and thee pair could potentially reach 1.20.
October 28,2021
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