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The British Pound hit a new 2021 high against the Euro on Friday, but we are alert to the prospect of selling interest in the U.S. session.
October 17,2021
"We remain bullish on GBP as the USD-positive environment is usually also benefitting GBP" - Danske Bank.
October 14,2021
The Pound might be in a lose-lose situation with investors who see prospective Bank of England rate hikes as supportive and a headwind, but Credit Suisse stick with a bullish forecast.
October 13,2021
GBP/EUR upside dented by ECB rate hike expectations which now anticipate a move as early as late 2022.
October 13,2021
GBP/EUR supported at 1.17, may see new highs if BoE’s inflation stance continues to inspire GBP.
October 11,2021
Gas prices have fallen sharply since Russian President Vladimir Putin said Russia would significantly boost the supply of gas to the European market, a move that has settled foreign exchange markets.
October 7,2021
GBP/EUR closed at its highest level since mid-August, lifted by an ongoing outperformance in UK bond yields as investors anticipate higher interest rates at the Bank of England.
October 6,2021
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