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
The Pound-to-Euro rate drew bargain hunters when month-end market turbulence pushed it briefly below 1.16 last week, but over the coming days it could set the stage for new 2021 highs to be achieved toward year-end aided by Sterling's undervaluation and the increasingly supportive outlook for Bank of England interest rates.
October 4,2021
The Pound-to-Euro exchange rate fell back below 1.16 at the start of the new month amidst a souring in global investor sentiment.
October 1,2021
Technical observations of the GBP/EUR exchange rate suggests the outlook has now flipped from advocating further gains and is pointed lower, although some final confirmation is required.
September 29,2021
Foreign exchange analysts at Goldman Sachs have notified clients recently they have revised higher their GBP/EUR forecasts and see 1.19 being possible by the end of the first quarter of 2022.
September 27,2021
The British Pound is stabilising alongside global stock markets, although it is still too early to sound the all-clear.
September 21,2021
The Pound-to-Euro rate edged higher despite Sterling being one of the poorer performing major currencies last week and so may remain buoyant over the coming days.
September 19,2021
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