Pound-Euro News Directory

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

Following the release of inflation data there was a tick higher in the value of Sterling which had been recover the ground it lost over the course of the first two days of this week.

July 15,2020

Foreign exchange analysts at Goldman Sachs have raised their forecasts for the Euro against the British Pound and U.S. Dollar, saying the coronacrisis has reshuffled the economic outlook and they now hold "more confidence in sustained Euro appreciation".

July 14,2020

The Pound-to-Euro exchange rate has corrected higher in July and coming week will determine if this move is simply a rebound from oversold levels or the beginning of a more protracted turn higher that endures for longer. 

July 12,2020

The British Pound has rallied further over the course of the past 24 hours to deliver the best exchange rates of three weeks for those looking to buy euros, but further gains material gains will require the economy to catch up with that of the Eurozone while good news on the Brexit front will also be required.

July 17,2020

Analysts at Crédit Agricole say that according to their currency valuation models the British Pound "remains significantly" undervalued relative to the Euro, and this could allow for another week of gains in the Pound-to-Euro exchange rate.

July 7,2020