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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
"Potential positive GBP seasonality in April may help EURGBP to break 0.85 resistance level" - Barclays.
April 7,2021
The Pound-to-Euro exchange rate reached new one year highs above 1.18 to open the new week and was close to the middle of a 1.17-to-1.20 trading range that could be set to define price action for Sterling during the weeks ahead.
April 5,2021
The Pound-to-Euro exchange rate reached one-year highs this week, at or above which it's likely to remain in the months ahead, according to new forecasts from Rabobank.
April 2,2021
The British Pound is up 4.50% against the Euro already this year courtesy of a combination of faded Brexit-linked risks and expectations for a strong vaccine-lead economic rebound over coming months, developments that underpin a strong technical picture that continues to advocate for further gains.
March 31,2021
The Pound-to-Euro exchange rate reached a new two-year high last week and may be likely to establish a more durable foothold above 1.17 over the coming days as divergence between the UK and Eurozone economies remains top of mind among investors.
March 28,2021
The British Pound caught a bid against the Euro, Dollar and most other major currencies ahead of the weekend in a move that defied a softer stock markets and concerns for future supplies of covid-19 vaccines into the UK.
March 26,2021
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