GBP/EUR surges back into long-term rising channel and technical studies suggest it is poised to extend gains after reports a Brexit deal is close at hand. The E.C.B and an E.U. summit that will focus heavily on Brexit will dominate the calendar.

October 8,2018

The Euro-to-Pound exchange rate broke below a key support level this week due to a mixture of Pound strength and Euro weakness.

October 8,2018

For Sterling, focus turns to the likely outcomes of next week's key E.U. Council meeting where signs of a deal could trigger meaningful recovery in Sterling. But signs of failure could however risk putting GBP/EUR on a path to parity we are told.

October 6,2018

Pound Sterling has risen to a new 10-day high on the back of Theresa May's speech to the Conservative party conference - nothing new was delivered by May but markets were simply looking for an uneventful address to maintain their view that a Brexit deal will be delivered by November.

October 5,2018

Pound Sterling has retreated after Northern Ireland's Arlene Foster effectively rejected a rumoured compromise the U.K. is mulling for the Irish border in order to unlock deadlocked Brexit negotiations.

October 3,2018

The Euro exchange rate complex retains a soft tone owing to ongoing anxieties relating to Italy and the country's desire to run a budget that would boost its debt pile to an extent that violates European Union rules.

October 2,2018