The Pound-to-Euro exchange rate is well supported on the charts and likely has scope to reach 1.18 over the coming weeks but must first navigate a deluge of economic data and speeches from Bank of England (BoE) rate setters.
March 21,2021
Consumer and business optimism drive economies forward and new polling shows the UK now has this key ingredient of growth in abundance, which could in turn underpin the British Pound's current trend of outperformance.
March 16,2021
The Pound-to-Euro exchange rate ended the week on its back foot amid further turbulence in the American bond market but kept a toehold on the doorstep of 1.17 and may overcome that on route to new highs this week, as the diverging policy stance of the Bank of England (BoE) vindicates Sterling's rally.
March 15,2021
The British Pound is forecast to reach highs last tested in early 2020 before a multi-week run higher fades and potentially reverses, according to a leading analyst we follow.
March 11,2021
The Pound-to-Euro exchange rate has remained ascendant and on course to reclaim the 1.17 handle despite widespread volatility in global markets and could be aided over the coming days by a possible stabilisation of risk assets and supportive rhetoric from the Bank of England (BoE) and European Central Bank (ECB).
March 7,2021
Foreign exchange strategists at TD Securities - the Canada-based global investment bank - are looking to sell the Pound as the currency has started to appear vulnerable on a number of their models.
March 5,2021
Pound Sterling remains on track to extend higher against the Euro courtesy of a relatively well received 2021 budget, the UK's vaccine advantage and broadly stable global equity markets.
March 4,2021
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