Pound to Euro article

The British Pound maintains a technical uptrend against the Euro that is supportive of a view that further gains can be eked out in the near-term, particularly if the fundamental backdrop concerning Brexit trade negotiations remains cautiously constructive.

October 16,2020

Johnson and Brexit trade deal

The British Pound is forecast to remain under pressure against the Euro over coming weeks by Natwest Markets, citing Brexit trade negotiations that won't conclude anytime soon and expectations for the UK economy to remain unattractive to international investors.

October 13,2020

Barnier

The Pound-to-Euro exchange rate fell by 0.40% last week, eating away at the 0.70% gain recorded in the week prior, confirming this to be a market that is consolidating.

October 11,2020

Fisheries snag to Brexit negotiations

The British Pound has endured another volatile 24 hours as investors react to headlines on the state of Brexit trade negotiations which are now being tipped to extend into November, with the latest news concerning fisheries negotiating putting the currency on the back foot in midweek trade.

October 8,2020

Boris Johnson

Foreign exchange analysts at Goldman Sachs see value in buying Pound Sterling against the Euro in anticipation of the EU and UK striking a Brexit trade deal in coming weeks, while foreign exchange market options pricing suggests a market becoming increasingly of the view the two sides will strike a Brexit deal.

October 6,2020

Biden and Harris

The Euro-to-Dollar exchange rate has jumped 0.5% at the start of the new week to reach fresh two-week highs at 1.1786, amidst an atmosphere of broad-based Dollar weakness amidst evidence of a clear outcome to the U.S. November presidential vote.

October 5,2020

y

The Pound-to-Euro exchange rate is in recovery mode and could be on the cusp of a Brexit-inspired breakout from its recent range, but will have to overcome technical resistance and contend with deteriorating risk appetite this week.

October 4,2020

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