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
Timely news from Pfizer that they are to increase the supplies of their vaccine to the EU has quelled concerns that the region's rollout programme was about to suffer another unwelcome setback.
April 15,2021
The EU Commission will likely be forced into revising their vaccination targets given the suspension of the Johnson & Johnson vaccine, a development that could pose fresh headwinds to the Euro exchange rate complex's recent advance.
April 14,2021
The British Pound has lost further ground to register a new seven-week low against the Euro over the past 24 hours, as it continues to give back the gains made during the first three months of the year.
April 14,2021
Sterling could recover lost ground this week if prevailing rates around 1.15 succeed in drawing bargain hunters from the woodwork.
April 12,2021
The British Pound is on course to record its sharpest weekly decline against the Euro since September 2020, a time when the EU and UK faced a logjam in Brexit trade negotiations that lead markets to raise bets a 'no deal' outcome was increasingly likely.
April 9,2021
The Euro was seen trading higher mid-week with analysts saying at least some of the gains can be attributed to a member of the European Central Bank saying emergency measures introduced to deal with the pandemic could be fazed out as soon as September.
April 7,2021
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