Pound Sterling is now in an established short-term downtrend, which is expected to continue in the coming week.
August 14,2017
Analysts at Lloyds Bank Commercial Banking have released their monthly currency report; below are the highlights for key Sterling pairs.
August 10,2017
EU workers are turning their back on the UK - what are the implications for Sterling and the labour market?
August 8,2017
In their search for a ready solution to the UK leaving the EU, analysts are now proposing membership of the EEA as a top option.
August 9,2017
The Pound to Euro's steady downtrend continues, and although the pair has now stalled momentarily we expect it to extend.
August 6,2017
The Euro appears to be strengthening against its major counterparts after the release of ZEW economic sentiment data, despite the gauge showing a modest fall compared to analysts’ expectations and the previous month’s result.
July 18,2017
The Pound to Euro exchange rate is showing a bullish chart configuration which suggest the short-term downtrend may be reversing and the pair could be set for greater gains.
July 21,2017
There is a risk the Euro could weaken in the run up to the ECB’s rate meeting next Thursday, and possibly afterwards, according to analysts at Nomura.
July 15,2017
Technical signs are bullish for GBP/EUR and suggest it may start to move back up towards the 1.2000 range highs.
July 3,2017
Mario Draghi sent the Euro soaring in early morning European trade when he indicated that ECB policy may soon move to neutral from accommodative and stated that the recovery in the Eurozone is in full bloom.
June 29,2017
The last few months have seen a dramatic fall in the Pound to Euro pair due to a combination of worsening UK data and easing Eurozone political risk.
June 26,2017
The British Pound fell against the Euro, Dollar and other major currencies on Tuesday, June 20 following the release of a speech by Governor of the Bank of England Mark Carney.
June 22,2017
The Euro to Pound exchange rate has rolled at the range highs amidst a bearish consensus that the pair will go lower in the near-term.
June 21,2017
The Pound has steadied against the Euro despite the lack of certainty in British politics, perhaps more due to traders taking profit from their short-bets than due to any genuine buying interest.
June 19,2017
UK Retail Sales, out this morning will show the state of high street spending and provide and insight into the UK economy
June 15,2017
The Pound to Euro is in a short-term downtrend on the four-hour chart, which has the potential to extend lower.
June 12,2017
Whatever the end result in Thursday’s general election the economy won’t change, only the personnel running the country.
June 9,2017
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