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
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
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