The British Pound fell to a fresh three-month low against the Euro amidst a combination of growing anxiety that the UK and EU will fail to agree a comprehensive free-trade agreement by year-end and signs that the Eurozone's economic recovery from the coronacrisis is outpacing that of the UK.
June 30,2020
The Pound-to-Euro rate saw out a third week of declines Friday but risks further undperformance ahead as Brexit talks renew in a market that may be increasingly inhospitable for risk currencies.
June 29,2020
The Pound-to-Euro exchange rate rose to a one-week high on Thursday amidst a broad-based sell-off in the Eurozone's single currency that saw it lose ground against all its major peers.
June 25,2020
The 'high beta' British Pound advanced at the start of the new week before suffering some overnight jitters after U.S. economic advisor Peter Navarro surprised markets by saying the U.S.-China trade deal was effectively over.
June 23,2020
The Pound ceded ground to all major rivals last week but has been left resting on a major technical support level that could break its fall against the Euro over the coming days, although Sterling still risks underperformance more generally.
June 22,2020
The Euro exchange rate complex will be prone to volatility on the outcome of today's European Council meeting that will see EU leaders gather to discuss the details of the proposed €750bn coronacrisis recovery fund.
June 19,2020
The British Pound has turned lower against the Euro heading into the mid-week session as global stock markets turn red amidst renewed fears of another covid-19 outbreak and as relief on the Brexit trade negotiation front lost its lustre.
June 17,2020
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