The Pound-to-Euro exchange rate closed Friday with its first intraday decline for seven and may be susceptible to a further losses early in the new week, although it benefits from nearby technical support and fundamental tailwinds like an elevated trade-weighted Euro and faster coronavirus vaccinations in the UK.

January 17,2021

Pound exchange rates rise

The British Pound has arrived at a critical juncture in its recovery against the Euro, with the exchange rate hitting its head on a resistance level that has frustrated advances since June.

January 15,2021

The Pound-to-Euro exchange rate has rallied in recent days and counts as one of Sterling's most noteworthy successes, although with the single currency now stalling in its advance against the Dollar, new highs could be in store for the British unit over the coming weeks. 

January 14,2021

Johnson vaccine rollout ambitions

Demand for UK assets could be driving a more sustainable appreciation in the value of the British Pound according to two foreign exchange analysts we follow, which if true could suggest a bottom in some key exchange rates have been put in.

January 14,2021

NHS Vaccine

The British Pound started the new week off on a softer footing, but some buying interest through the London session ignited another attempt at the 1.11 fulcrum.

January 11,2021

Pound Sterling has pared earlier declines against the Euro and may draw support in the coming week from an acceleration of Britain's coronavirus vaccination programme, although international factors and Bank of England (BoE) monetary policy may also be important themes.

January 11,2021

Exchange rates

The British Pound has edged higher against the Euro on Thursday, but a reading of the broader foreign exchange landscape suggests the gains have more to do with a broader-based pullback in the Eurozone's single currency as opposed to Sterling-specific strength.

January 7,2021

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