Euro goes higher on ECB statement that suggests the Bank is not considering cutting interest rates to stimulate the economy.

June 6,2019

The British Pound could fall to equal value against the Euro and even the Dollar in the event of a 'no deal' Brexit taking place on October 31 according to a poll of currency strategists.

June 6,2019

Pound Sterling fell to fresh four-and-a-half month lows against the Euro at the start of the new week as a negative trend in place since May extends into the new month, however foreign exchange analysts at Lloyds Bank say there are reasons to expect a strong recovery befor year-end.

June 4,2019

Pound Sterling has fallen below the 1.13 marker ahead of the weekend with the currency looking set to record a 4.0% decline for the month; this makes for the largest monthly drop against the Euro in two years and we are told further declines are likely.

June 3,2019

The British Pound remains caught in a downtrend against the Euro, and based on technical studies and the overarching political backdrop, we would expect downside pressures to remain in charge for the forseeable future.

June 2,2019

The Pound is facing more losses and could easily see record lows before the year is out, according to strategists at Rabobank, who say the game of Deal-or-No-Deal among Tory leadership candidates and a growing risk of a general election could weigh heavily on the British currency this summer.

May 31,2019