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Euro/British Pound (EUR/GBP) Exchange Rate
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Get the Forex forecast for the week of November 20, 2017 featuring which pairs to pay close attention to during the week.
Get the Forex forecast for the week of October 23, 2017, featuring which pairs to pay close attention to during the week.
The Pound Sterling inched higher against a lackluster US Dollar despite uncertainty over the Brexit negotiations.
The rise is generally attributed to a surge of relief felt now that there appears to be a halt to Catalonia’s quest for independence from Spain.
The Pound Sterling steadied on Thursday after the US Federal Reserve indicated a likely rate hike by year’s end.
Begin your trading week prepared with DailyForex.com's weekly Forex forecast for some of the major currency pairs here.
Though higher, the Pound Sterling still remains not far from a 2½-week trough versus the US Dollar, with the slide a factor of last week’s Bank of England vote to maintain interest rates at the current low level.
The outlook for the UK’s economy has soured for investors and, as a result, the Pound Sterling has been under some pressure and recently recorded the largest 4-day fall in nearly two months versus the US Dollar.
The British Pound is regaining previous losses against the US Dollar and rebounding off the recently struck 11-day trough.
The EUR/USD pair has been rather quiet during most of the July session, but the market eventually rallied enough to reach towards the 0.90 level.
Get the Forex forecast focusing on the major currency pairs you should pay attention to during the new trading week of July 31, 2017 here.
The Pound Sterling edged higher against the US Dollar, trading at a 5-week peak above $1.30, as investors take comfort in the hawkish outlook of several of the Bank of England’s voting members.
The Pound Sterling was under some pressure in London trading on Thursday after the Bank of England’s Monetary Policy Committee (MPC) left investors uncertain of Britain’s economic outlook.
Get the Forex forecast focusing on the major currency pairs you should pay attention to during the new trading week of June 12, 2017 here.
The Pound Sterling came under heavy pressure as the latest poll suggests that the Conservative Party, headed by Theresa May, the Prime Minister, may not obtain a majority after the upcoming June 8th election.
Get the Forex forecast focusing on the major currency pairs you should pay attention to during the new trading week of May 22, 2017 here.
In early trading, the Euro had slipped from Tuesday’s 5-month peak but is presently working its way back on newfound confidence that Marine Le Pen will be soundly defeated in France’s upcoming presidential election.
The Pound Sterling took a sharp dive versus the common currency Euro, largely a factor of the relief felt over Sunday’s presidential elections in France.
The Pound Sterling moved higher against the US Dollar, which is still under heavy pressure as a result of geopolitical risk.
Check out the Forex forecast focusing on major currency pairs for the week of April 10, 2017 here.