The Euro faces headwinds to further advances amidst a notable slowdown in the Eurozone's largest economy and expectations for an unsupportive European Central Bank event on Thursday.
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The Pound-to-Euro exchange rate could cement its grip on the 1.18 handle this week.
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The Bank of England's new Chief Economist has warned inflation is set to smash their existing forecasts and that the prospect of a November interest rate rise was therefore under "live" considerati…
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Strategists at Crédit Agricole's investment banking unit are looking to sell the pounds and buy euros in anticipation of a reversal in recent fortunes.
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The British Pound teases new 20-month highs against the Euro and a purely technical assessment of the outlook suggests further gains to just north of 1.19 are possible near-term.
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The Pound to Euro exchange rate (GBP/EUR) has broken through a major resistance level suggesting the technical outlook has improved markedly.
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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.
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