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

Johnson leaving downing street

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

ECB lagarde and Euro

The European Central Bank left monetary settings unchanged at its September policy meeting, will also opting to maintaining its pervious communications.

September 10,2020

Northern Ireland leaders

A leading foreign exchange strategist who warned last week that the Pound was looking to expensive against the Euro has updated clients with his views on how far the GBP/EUR exchange rate could fall.

September 9,2020

The Pound-to-Euro exchange rate closed little changed for the week on Friday but may suffer a setback in the coming days as Brexit trade talks, GDP data and wobbly investor risk appetite dominate the agenda, although European Central Bank currency concerns could limit the downside for Sterling.  

September 7,2020

Euro exchange rate

 HSHSBC ECB will become increasingly uncomfortable with the Euro's strength and could seek to curtail it in the future, creating the conditions for the Pound to hold its recent gains and the U.S. Dollar to make a comeback from its recent multi-year weakness against the single currency.

September 3,2020

Pound vs. Euro

The Pound-to-Euro exchange rate reached a new 12 month high over the course of the past 24 hours and studies of the market setup suggests further follow through could be possible in the near-term.

September 2,2020

Page 135 of 359

Theme: GKNEWS