The British Pound stays under pressure against the Euro as markets bet the UK will see interest rates fall sooner and further than those in the Eurozone in 2024, an assumption that is increasingly at odds with what the Bank of England is telling us.

November 17,2023

GBP/EUR remains locked in a multi-week downtrend that must be respected; however, signs of emergent oversold conditions could combine with any positive UK data surprises to help a recovery over the coming days.

November 13,2023

The Pound to Euro exchange rate is on course to register its lowest daily closing rate since May as a protracted selloff extends amidst a rapid increase in bets for Bank of England rate cuts in 2024.

November 10,2023

The Pound to Euro exchange rate rose to test 1.15 on Thursday after a European Central Bank Governing Council member confirmed further rate hikes were not required.

November 10,2023

The British Pound has risen against the Euro over recent days, but the advice from one leading Swiss bank is to temper any growing enthusiasm for an outright rally.

November 7,2023

A solid ending to the previous week eases the likelihood of a significant break lower in the Pound to Euro exchange rate.

November 6,2023

The British Pound is tipped to win back some ground against the Euro in the wake of today's Bank of England policy decision.

November 2,2023

Page 28 of 331

Theme: GKNEWS