The euro rate is today feeling the pressure as a lack of data ensures there is little reason to back the shared currency.
March 10,2014
The British pound has enjoyed a morning of good fortune all thanks to news that the UK's unemployment picture is improving at a rapid pace and forecasts for the pound suggest further gains lie ahead.
March 10,2014
For the past few sessions the pound euro exchange rate has been trading marginally above the 1.21 mark. However, with confidence continuing to build regarding the UK outlook, we could see the pound make a move towards 1.22.
March 10,2014
"The EUR/USD broke down below key support at 1.3550 late in Friday’s North American session, turning the longer-term bias to the downside." - GFT's euro forecast.
March 10,2014
The euro sterling exchange rate (EUR/GBP) has taken a knock following the release of economic sentiment data out of the Eurozone. Germany in particular missed the mark. The forecast continues to favour the pound sterling over the euro.
March 10,2014
Euro exchange rates (EUR) are enjoying a little relief today but the EUR is still within touching distance of a multi-month low against the US Dollar and a two-week low against the Pound. Forecasters are pricing in sustained weakness.
March 10,2014
The euro to British pound sterling exchange rate (EUR/GBP) shot higher through the course of Friday's trading session thanks to some expectation-busting economic data; Sterling and has managed to hold these gains on Monday morning. Our assessment of the latest forecasts for the pairing continue to broadly favour Sterling.
March 10,2014
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