GBPEUR FX concept

A new analysis of the GBP/EUR exchange rate confirms upside potential in Sterling is likely to remain limited and those with sizeable international payments would do well to secure a rate in the 1.15 region.

June 20,2018

German political risks

Trade tensions and political uncertainty in Germany are seen as potential risks for currency markets to watch at the start of the new week, and "both factors might be intrinsically negative for the Euro," warns analyst Piet Lammens with KBC Markets in Brussels.

June 18,2018

Outlook for the British Pound

Pound Sterling will likely remain on the offensive against the Euro in the coming week according to a recent technical analysis while the Bank of England and European Central Bank will form the fundamental focus for the two currencies.

June 18,2018

The Pound-to-Euro rate has risen close to a two-month high and its outlook brightened now the European Central Bank has quashed the idea of an interest rate rise in the summer next year, leading analysts to cut their forecasts for the single currency.

June 15,2018

The Pound will struggle to sustain any meaningful advance against the Euro this summer as the Brexit negotiations approach their final stages, according to strategists at Credit Suisse, who have advocated that clients of the bank "buy dips" in the Euro-to-Pound exchange rate.

June 15,2018

The Pound-to-Euro rate offers an attractive buying opportunity to traders at current levels, according to strategists at BMO Capital Markets, who told clients Tuesday that they should buy any dips in the exchange rate Wednesday.

June 14,2018

Pound Sterling may be tested on Tuesday as MPS gather in the House of Commons to vote on a series of “Brexit wrecking” amendments inserted into the EU Withdrawal Bill by the House of Lords, which will set the government's Brexit strategy in legislative stone.   

June 12,2018

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