The British Pound is consolidating against the Euro after slightly better-than-expected growth figures for May indicate the UK economy is not in as bad shape as some analysts had feared.

July 11,2019

Pound Sterling fell through a key support level against the Euro over the course of the past 24 hours, a move that could well spell further declines over coming days, if not weeks.

July 10,2019

The rate of decline in the value of Sterling against the Euro appears to be fading, suggesting the exchange rate could well be finding a new floor that could stay in place during the summer with upside potential in the currency being seen should a Labour minority government back a second EU referendum.

July 9,2019

Pound Sterling is trading at around €1.1138 at the start of the new week, after recoding its ninth consecutive weeks of declines in the week prior. Studies of the charts suggest the pair will probably go sideways over coming days but owing to the overriding negative trend it will come as little surprise to readers to hear that the risks remain skewed to the downside.

July 7,2019

The British Pound is down against the majority of major currencies this week, as a multi-week sell-off extended amidst a combination of political uncertainty and deteriorating economic data.

July 5,2019

Foreign exchange analysts are today mulling over the potential implications of future Eurozone monetary policy - and direction of the Euro - in the wake of the surprise news Christine Lagarde will likely replace European Central Bank President Mario Draghi on November 01.

July 3,2019