Pound to Euro exchange rate article

The Pound-to-Euro exchange rate enters the new week close to one-month lows but with limited downside given a cluster of nearby support levels around 1.16, which underpins Sterling going into the release of the all-important May GDP report.

July 4,2021

Nissan factory Johnson

The UK's shifting trade relationship with the EU and the rest of the world could prove supportive for the British Pound according to new research from BMO Capital Markets, who say they continue to favour the Pound over the Euro from a strategic perspective.

July 2,2021

pound to euro

The Pound-to-Euro exchange rate enters the new week closing in on nearby support levels which could break its fall over the coming days after being dislodged from near April highs by a show of patience from the Bank of England, which could prove stifling for Sterling over the coming weeks.

June 28,2021

Haldane Bank of England

The fall in value in the British Pound witnessed in the wake of the June 24 Bank of England policy update is justified according to analysis from Commerzbank.

June 25,2021

British Pound outlook BNP Paribas

BNP Paribas have named the British Pound their "idiosyncratic top pick" in a regular quarterly economic and strategic briefing, saying the UK's economy is likely to outperform its peers and allow the Bank of England to raise interest rates in August 2022.

June 23,2021

Pound exchange rates

The Pound-to-Euro exchange rate enters a pivotal week having held comfortably above 1.16 even after a heavy fall on Friday, and could have scope to retest its 2021 highs around 1.18 over the coming days if there's any 'hawkish' tinge to the latest Bank of England (BoE) policy update on Thursday.

June 20,2021

Exchange rates

Foreign exchange strategists at investment bank Nomura are looking to sell the Euro and buy Pound Sterling in anticipation of outperformance by the UK currency.

June 18,2021

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