Pound-Euro News Directory

The Pound-to-Euro exchange rate decline appeared to peter out toward the weekend although the coming days could afford Sterling an upward correction if the rise in non-U.S. coronavirus cases is sufficient to compel a rebound in the U.S. Dollar, which hit near-two year lows last week. 

July 27,2020

The Pound-to-Euro exchange rate could experience a relief rally in the event that a free trade agreement is reached with the European Union but selling into any such rebound might be the better approach, according to BMO Capital Markets.

July 24,2020

The British Pound and Dollar are both weaker against the Euro in mid-week trade with markets cheering the agreement of the EU's recovery deal and budget, which they say could result in further gains for the single currency over coming days and months.

July 22,2020

The Euro exchange rate complex was broadly lower on Tuesday in the wake of news EU leaders had agreed a new €1.8TN spending agreement, that includes a €750BN coronavirus rescue package which will largely be funded by the issuance of EU bonds.

July 21,2020

The Euro exchange rate complex was higher at the start of the new week, betraying the sense amongst investors that EU leaders were on track to agree a generous support package that would help Europe's economy recover from covid-19 crisis.

July 20,2020

The Pound-to-Euro rate slumped last week as Sterling underperformed but it could be liable for further declines in the coming days because the technical backdrop on the charts has deteriorated and bearish sentiment is beginning to build around the British currency, leaving it in need of progress in the Brexit talks. 

July 19,2020