Pound Sterling is once again coming under notable selling pressure against the Euro, with the GBP/EUR exchange rate breaking below the psychologically significant 1.12 level over the course of the past 24 hours, and could be on its way to 1.10 according to one analyst we follow.
June 18,2019
It's a busy week ahead for the Sterling and Euro and therefore volatility could be elevated: Sterling has the Bank of England and Boris Johnson to consider while the ECB's Sintra conference could see the Euro hit with a surprise. Technicals however advocate for further losses in GBP/EUR.
June 16,2019
One of northern Europe's largest lenders has confirmed it is cutting its forecasts for the British Pound against the Euro, and it's not just Brexit to blame.
June 14,2019
Pound Sterling is beginning to look a great deal more resilient against the Euro, but is the multi-week sell-off truly over, and if so, how high can any recovery go?
June 13,2019
The Pound-to-Euro rate is trading at around 1.1230 at the start of the new week, about half a percent lower than the previous week’s close. Studies of the charts suggest the exchange rate is set to continue its downtrend in the days ahead.
June 9,2019
Euro goes higher on ECB statement that suggests the Bank is not considering cutting interest rates to stimulate the economy.
June 6,2019
The British Pound could fall to equal value against the Euro and even the Dollar in the event of a 'no deal' Brexit taking place on October 31 according to a poll of currency strategists.
June 6,2019
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