A weakening Euro has allowed the British Pound to push to its highest levels since April 2020, but one major foreign exchange analyst we follow is warning that the UK currency is beginning to look overvalued against the Eurozone's single currency.
February 18,2021
Pound Sterling extended its 2021 lead over a range of currencies including the Euro last week but could continue to confound market expectations over the coming days, as it plays an integral role in a broader uplift of European currencies, with nine-month highs above 1.15 now in the pipeline.
February 14,2021
The British Pound might be one of 2021's star performers, but the currency faces hurdles over coming months and will be liable to setbacks according to one of Europe's major lenders.
February 12,2021
Foreign exchange strategists at a leading UK high street lender say they are constructive on the British Pound's prospects against the Euro and Swiss franc in the first half of 2021, citing the UK's vaccine-lead economic recovery.
February 10,2021
Foreign exchange analysts at Credit Suisse have raised their forecasts for the British Pound against the Euro, citing negative political developments in Europe and a slow vaccine rollout in the bloc.
February 8,2021
The British Pound has rallied after the Bank of England said there would be no chance of another cut to interest rates in the near-term and a strong economic recovery would soon take hold in the UK, thanks to the country's vaccination programme.
February 5,2021
The Pound-Euro exchange rate edged back from nine-month highs Thursday but could shift into a higher range soon after if Sterling's recently competitive appeal to investors is left unscathed by an imminent Bank of England (BoE) interest rate decision.
February 4,2021
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