GBPEUR was once again unable to maintain levels above 1.17 on a sustained basis following comments from the Bank of England that interest rates were close to a peak.
September 7,2023
The strong rebound by Pound Sterling against the Euro over recent hours confirms a view that the UK currency might remain in touching distance with its 2023 highs over the near future.
September 6,2023
GBPEUR) is forecast to remain supported above 1.16 over the coming days after a late-August pullback failed around 1.1620 and the subsequent rebound opens the door to another test of the 2023 highs.
September 4,2023
The British pound is going for less than one euro at the UK's largest airport as currency shops there charge continue to charge significant spreads.
September 1,2023
The rule of thumb is that upside inflation surprises are supportive of a currency as they elicit additional central bank interest rate hikes.
August 31,2023
August has confirmed and bolstered the view that the Pound to Euro exchange rate has now entered a sideways pattern, but rising volumes and downside data surprises could break the range over the coming weeks.
August 31,2023
An analyst we follow says he favours buying the Pound against the Euro at these levels on a tactical basis, but the Euro could benefit in the short term if inflation numbers beat expectations.
August 30,2023
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