FXTechstrategy note on the British Pound

A bias now exists for continued pressure on the Pound which is likely to see GBP/EUR extend losses, says Mohammed Isah, an analyst at FXTechstrategy.

April 18,2019

Chinese data hints at German export recovery

Strong Chinese data has helped lend the Euro exchange rate complex a helping hand in mid-week trade, with the single-currency showing it tends to benefit on good news out of China.

April 17,2019

Pound Sterling London broker

A foreign exchange analyst at a leading London currency brokerage tells us 2019's move higher in the Pound-to-Euro exchange rate is not necessarily over, despite the soft trade we have witnessed since the lengthy Brexit delay was announced.

April 16,2019

Euro exchange rate outlook

Week ahead forecast for Pound Sterling against the Euro suggests upside impetus is fading while attention will turn back to the state of the UK and Eurozone economies as Brexit headlines fade.

April 14,2019

Euro exchange rate

The Euro exchange rate complex was higher ahead of the weekend with various snippets of supportive news coming through to a market thinned out ahead of the Easter holidays, including that of an acquisition of a European finance business by a Japanese bank.

April 12,2019

May announces Brexit extension

Foreign exchange strategists are digesting news the UK has been offered a Brexit extension until October 31 and considering the delay's implication for the British Pound over coming months.

April 12,2019

Draghi at ECB Press Conference

The Euro was sold against the Dollar, Pound and other major currencies in mid-week trade after the European Central Bank (ECB) sounded a distinctly bearish tone on the Eurozone's economic outlook.

April 10,2019

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