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
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
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
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
The Pound-to-Euro exchange rate could look to stabilise while balanced on a knife-edge over the coming days after its worst week since March, although the British currency has sustained technical damage on the charts and there’s a risk that it suffers more punishing losses before any meaningful recovery.
September 14,2020
The British Pound has endured its deepest declines against the Euro since March owing to a combination of an ECB-inspired rally in the Euro exchange rate complex and a sharp deterioration in sentiment surrounding Brexit trade negotiations that has left markets to raise expectations for a 'no deal' outcome.
September 11,2020
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