Exchange rate trader

The British Pound retains a positive near-term impulse that could net fresh highs over coming sessions, with foreign exchange markets looking to the potential for a sustainable exit from a cycle of economy-breaking lockdowns in the spring.

January 29,2021

ECB Knot

The Pound-to-Euro exchange rate rallied to a high of 1.1331 on Wednesday Jan. 27, giving the best exchange rate for Euro buyers in 8 months.

January 27,2021

Euro can fall further against the Pound

The Pound will no longer come up against month-end flow headwinds now that UK membership payments to the EU have ended.

January 25,2021

The Pound-to-Euro exchange rate attempted to rally above an important resistance level on the charts last week but was scuppered by Euro strength and last minute weakness in Sterling, which may now have condemned the pair to a period of consolidation within a narrow range over the coming days. 
 

January 24,2021

Lockdown hits the UK economy

A sell-off in the British Pound ahead of the weekend accelerated on the release of data that showed the UK economy suffered a significant slump in January.

January 22,2021

Pound to euro news article

Pound Sterling is softer in mid-week thanks to a lack of fundamental drivers which has left markets more prone to technical considerations than has been the case of late.

January 20,2021

Johnson visits Oxford Biomedica

The Pound-to-Euro exchange rate will go higher, in part owing to the UK's rapid vaccine rollout, according to a leading foreign exchange analyst.

January 19,2021

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