According to a new analysis from one of the UK's biggest banks, the prospect of a material move higher in the Pound to Euro exchange rate is looking increasingly remote.
March 19,2024
GBP/EUR is consolidating near the top of its range and another retest of the 1.1750 area is possible if this week's data surprises to the upside and the Bank of England repeats that it's too soon to consider cutting interest rates.
March 18,2024
Pound Sterling can go higher against the Euro, supported by fundamentals that include attractive valuations, an interest rate buffer, and upside risks from the upcoming general election.
March 15,2024
Euro exchange rates were back under pressure after a prominent European Central Bank gave a clear signal that a series of interest rate cuts would commence from mid-year.
March 14,2024
Pound Sterling's rise against the Euro can extend into the coming months and reach a peak comfortably above €1.20, supported by a strong carry advantage and a waning Brexit premium.
March 14,2024
The Euro is going higher against Pound Sterling say strategists at HSBC.
March 13,2024
GBP/EUR close to fresh multi-month highs, but significant resistance blocks the way.
March 11,2024
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