A strong rebound in UK economic activity continues to underpin valuations in the British Pound, although the market appears to be awaiting a new and more significant driver to deliver any real gains.
May 1,2021
The British Pound and Euro have succumbed to a grinding war of attrition around the 1.15 area in the Pound-to-Euro exchange rate, leaving those with FX transaction requirements wondering just how this market will resolve itself.
April 30,2021
Market participants looking for a stronger British Pound continue to endure testing market conditions in which any gains tend to evaporate, leaving the UK currency struggling to rediscover the form it enjoyed earlier in 2021.
April 29,2021
The Pound-to-Euro exchange rate edged lower last week but is likely to close the gap over the coming days with a swift reclamation of 1.15 leading to a choppy but ascending range throughout this quarter.
April 26,2021
The Pound-to-Euro exchange rate (GBP/EUR) sold off a further half a percent on Thursday, decline back to 1.1512 and putting it in course to break to fresh multi-week lows over coming days.
April 22,2021
The Pound-to-Euro exchange rate has risen from April lows but may face choppy conditions this week as Sterling and the single currency navigate an economic data deluge and European Central Bank policy update.
April 18,2021
The British Pound's 2.0% loss against the Euro this April could yet prove to be a pullback in an uptrend that is ultimately set to resume, according to two leading foreign exchange strategists we follow.
April 16,2021
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