Pound to Euro Rate Eyes Strongest Weekly Finish in Two Years, But a Risk-filled Week Looms
- Category: EUR
The Pound to Euro exchange rate (GBP/EUR) is looks set to record its highest weekly finish in two years, but recent gains would be reversed if next week's employment and inflation data undershoots.
Powell Butters Us Up for a September Cut
- Category: EUR
Federal Reserve Chairman Jerome Powell has laid the groundwork for a cut to interest rates in September.
Work has already begun to improve the UK's Brexit deal with the EU as the new Labour government pursues closer ties with the EU. Analysts at Barclays say this can help shrink the Pound's 'Brexit premium'.
The Euro is set for volatility as France throws up a significant surprise: the left came first in France's legislative elections.
- Pound to Euro Rate Holds 1.18 as Labour Sweeps Aside the Conservatives
- French Hung Parliament: "We Do Not Know Really How This Would Work" says Major French Bank
- Pound to Euro Rate Finds its 'Line in the Sand' Ahead of UK and French Polls
- Pound to Euro Drops Below 1.18 after Le Pen's Party Underperforms