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

Lagarde testimony

The Euro is one of 2020's top performers, but the period of outperformance that took the single currency to the top of the leaderboard might have come to an end with the European Central Bank lining up its big players to warn they are not comfortable with the pace and extend of the currencies rebound.

September 30,2020

The Pound-to-Euro exchange rate is consolidating near lows established at the height of coronavirus panic in March, pending a Brexit-induced breakout in either direction, although an absence of progress in the trade negotiations could pull Sterling back toward the bottom of that range this week. 

September 27,2020

File image of Michel Barnier

The British Pound was the best performing major currency on Thursday following a newswire report that the EU was "open to a 'thin' Brexit deal" and that on the EU side there was "cautious optimism a deal can still be found".

September 25,2020

Pound Sterling vs. the euro

The British Pound is expected to remain under pressure through the final three months of 2020 say foreign exchange strategists at Deutsche Bank who say they see the currency particularly at risk against the Euro.

September 23,2020

The Pound-to-Euro exchange rate is consolidating pending the outcome of the Brexit trade talks, which are still a risk to Sterling although it's government hysteria over rising coronavirus infections and its threat of a new ‘lockdown’ that threaten to the pull the rug from under the British currency this week. 

September 21,2020

Buckland

 The Pound has risen against the Euro, Dollar, Australian Dollar and most of its major peers as markets digest news the UK government could back down in a row with the EU.

September 16,2020

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