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
The Pound-to-Euro rate returned to June lows last week but is tipped by multiple analysts remain under pressure in what ocould be a volatile week for both Sterling and the single currency.
June 15,2020
The Pound drew a line under a hat-trick of losses last week and could recover more lost ground over the coming days although analyst commentary suggests that any upside will be limited and also short-lived.
June 7,2020
The Euro was bid higher following today’s meeting of the Governing Council of the ECB, which saw the central bank boost its support package for the covid-19 pandemic by €600BN.
June 4,2020
The British Pound's bounce against the Euro looks to be over with the gains seen in the first half of this week rolling over and giving way to a familiar trend of weakness which could extend below 1.09 over coming weeks, according to analysis from investment bank Crédit Agricole CIB.
June 4,2020
The Pound-to-Euro rate could garner support on Monday or even find itself receiving a bid as the economy partially exits 'lockdown,' but a full sleight of fundamental risks may trouble the British currency as the week progresses.
June 1,2020
The Pound-to-Euro rate limped into the weekend as the British currency slipped while Europe's unified unit broke to the upside from a stifling multi-month range although things could get ugly for Sterling if EUR/USD and GBP/USD continue to diverge from each other in the days and weeks ahead.
May 31,2020
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