The euro rate today finds itself in a familiar deadlock against the US dollar with analysts predicting no major break from recent ranges are likely in the near-term. The level to watch at present is 1.35, the dollar has the advantage at present and will need to press a break of this level ahead of any declines in the rate.

July 18,2014

The British pound (GBP) has advanced in firm fashion against the euro (EUR) on the foreign exchange rate markets this week thanks to the steady stream of positive UK economic data being observed by traders.

However, we are starting to see the Euro advance in a relief rally as we enter the final sessions of the week.

July 17,2014

The euro (EUR) has sold off against a stronger pound sterling this week, but the euro dollar rate (EUR/USD) appears to be heading into a summer stalemate.

July 17,2014

The British pound (GBP) has been pushed to twenty-two month highs against the euro and remains at six-year highs against the US dollar as better than expected manufacturing and construction data cements the belief that UK interest rates will increase sooner rather than later.

July 4,2014

The euro continues to advance on the global foreign exchange rates as markets look forward to no more interference from the European Central Bank in coming months.

July 3,2014

The British pound (GBP) is forecast to maintain a positive bias against the euro in coming sessions on the foreign exchange rate markets as UK economic data continues to support the unit.

July 3,2014