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
The European Central Bank left monetary settings unchanged at its September policy meeting, will also opting to maintaining its pervious communications.
September 10,2020
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
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
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
Pound Sterling advanced against the Euro and other peers after Bank of England data showed a strong recovery in consumer demand for credit and suggested a 'mini boom' in housing was underway.
September 1,2020
Page 135 of 360