Euro to Pound Rallies Despite Forecast Record Contraction
Euro to pound extended its gains during yesterday’s trading climbing 0.25% on the day and more than 1 percent on the week. Euro to pound now sits at 0.9132, comfortably above the 0.9100 resistance...
Will the Euro Strengthen Against the Pound in the Short Term?
The Euro has been trading in a fairly tight range during the course of this week vs the Pound. The Euro initially weakened owing to the problems with the EU Coronavirus Recovery Fund but...
Euro News: Boost for Bloc as EU Agrees €750 bn Rescue Package
The European Union has at last agreed a €750 billion rescue package to provide support to nation state economies following the COVID-19 crisis in the latest euro news with the potential to impact the...
EU Deal Doesn’t Help Euro v Pound Make Back Losses
In the early hours of the morning the European Union managed to agree on a deal as to how they would spend their €750bn COVID-19 recovery fund. There had been much contention over the...
Euro Exchange Rates Start the Week on a High as EU Recovery Deal Gets...
Euro exchange rates have started the week extremely positively against all major currencies as the markets now feel that an agreement on a post-coronavirus recovery fund is getting closer, however this has not been...
Euro Forecast: Why is EUR Strengthening?
Euro exchange rates look set in their trend after yesterday’s meeting from the European Central Bank decided to keep policy unchanged. After a long string of added stimulus provided by the European Central Bank...
Pound to Euro Under Pressure Once Again
The Pound to euro exchange rate continues to struggle as Brexit talks are once again at a bit of a stalemate. In order for things to be concluded prior to the end of the...
EUR to GBP: Emergency Funding for Covid-19
The eur to gbp rate has made gains of late as it seems EU members maybe coming close to agreeing on emergency funding to combat the economic problems created by the Coronavirus. Italy and...
Euro Forecast: EUR Unchanged Against its Major Counterparts
The euro forecast has been very sedentary over the last month with euro to pound mid-market exchange rates typically only moving between the 0.9 and 0.92 ranges. It confirms what we had been experiencing...
Euro v Pound Exchange Rate Continues to Trade Below 0.90
After the past few weeks relief rally for the pound, we’ve seen the currency strengthen enough for the euro v pound exchange rate to break below the 0.90 threshold and remain there at least...