The FX textbook says the Euro should rise when inflation data beats expectations, as this boosts the odds for more bond yield-supporting interest rate rises at the European Central Bank (ECB).
October 31,2023
Why is Pound Sterling falling against the Euro, and can it right itself and recover to the levels seen earlier in the year?
October 31,2023
GBPEUR retains bearish setup near-term, but also well supported in the low 1.14s.
October 30,2023
The Euro was softer after the European Central Bank (ECB) brought an end to a long-running rate hiking cycle by maintaining interest rates at existing levels while taking note of a recent drop in inflation.
October 26,2023
The Pound to Euro exchange rate has fallen to five-month lows and today's ECB decision is unlikely to improve the outlook for an under-pressure Pound Sterling; in fact, risks are tilted to further losses.
October 26,2023
GBPEUR is destined for lower levels according to new research from a leading Scandinavian bank that envisages a world in which the Eurozone economy outperforms that of the UK.
October 25,2023
GBPEUR nursing wounds following another weekly loss, but starting to look oversold says ING.
October 23,2023
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