"We see GBP as remaining moderately better positioned vs. the EUR in the coming months as long as the crisis deepens and Russia’s pariah status persists. The GBP, however, is likely to remain on the back foot vs. commodity currencies" - Rabobank.
March 8,2022
The Pound to Euro exchange rate surpassed the 1.21 level amidst fears the war in Ukraine was close to escalating significantly and analysts reduced their forecasts for the European currency.
March 4,2022
The British Pound is the second-worst performing major currency of the past week and month as it proves to be a major loser in the financial fallout caused by Russia's invasion of Ukraine, and there appears to be little let-up in pressure on the horizon.
March 2,2022
The British Pound and Euro are looking oversold relative to the U.S. Dollar and can recover if investor fears concerning the Russia-Ukraine conflict begin to ease says analyst.
March 1,2022
The Pound to Euro exchange rate was threatening to go below the 1.19 marker ahead of the weekend as investor sentiment turned a corner for the better and aided the Euro but cost the Dollar recently gained value.
February 28,2022
Sterling among the underperformers in G10 FX basket, GBP reserve status, UK sanctions both key factors.
February 25,2022
GBP recovers against USD, EUR as global markets stabilise, eyes on impact on GBP of UK sanctions on Russia.
February 25,2022
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