The British Pound is an attractive 'long' candidate against the Euro and other G10 currencies as the Bank of England won't cut interest rates by as much as markets expect.
May 1,2024
Euro exchange rates recovered after Eurozone inflation beat expectations and regional growth figures surpassed expectations to show a strong recovery in the first quarter.
April 30,2024
Euro exchange rates were under pressure after soft German inflation figures softened expectations for the outcome of Tuesday's all-Eurozone inflation release.
April 29,2024
In the coming days we look for the GBP/EUR recovery to consolidate above 1.1650 with a potential test of figures above 1.17 in the event of soft Eurozone inflation numbers.
April 29,2024
Pound Sterling has mounted an impressive recovery against the Euro this week, but it must close the day near or above current levels to solidify the near-term outlook.
April 26,2024
Pound Sterling looks to be in the process of recovering against the Euro, and like a moth to a flame, further advances back to the 1.17 level might be expected from here.
April 24,2024
The Pound to Euro exchange rate is forecast to recover last Friday's losses over the course of the coming week, but much will depend on the release of UK and Eurozone PMI figures for April.
April 22,2024
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