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Currency News - EUR

UK Gross Domestic Product figures weaken the pound

Written by Alistair Ryan on Friday, May 26, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / EUR

Written by Alistair Ryan Currency Broker T: +44 (0)1442 892061 It was a quiet day on the currency markets yesterday with sterling crosses moving within a tight range throughout the day. GBP/EUR rates peaked at 1.1566 before hitting a day low of 1.1528. GBP/USD rates followed a similar path, briefly touching 1.30 compared to a…(read more)

Sterling subdued after Manchester attack

Written by Adam Wiffen on Thursday, May 25, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / EUR

Adam Wiffen Currency Broker T: +44 (0) 1442 892064 The Pound has stayed subdued since the Manchester terror attack at the start of this week. Many investors are now waiting for further development in Britain’s suspended election campaign before taking up their positions. Britain’s main political parties agreed to suspend campaigning until further notice following…(read more)

Sterling Gains Ground After Better Than Anticipated Retail Sales Data

Written by Jimi Boake on Monday, May 22, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / EUR

Written by: Jimi Boake Currency Broker T: 01442 892 060 Sterling managed to gain significant ground on Thursday after far better than anticipated retail sales data. The figure came in at 2.3% significantly beating the forecast of 1.2% which saw the pound rally against the euro and the dollar as a result. Cable hit a…(read more)

Sterling Strengthens After Better Retail Sales

Written by James Baxter on Friday, May 19, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / EUR

James Baxter Senior Currency Broker T: 01442 892 062 The pound strengthened across the board yesterday after the publication of better than expected retail sales numbers yesterday morning. As a result, sterling rose around one cent against both the euro and the US dollar before losing most of the ground gained over the course of…(read more)

Trump Drops the Ball, Big-ly

Written by Joe Mayhew on Thursday, May 18, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / EUR

Written by: Joe Mayhew Senior Currency Broker T: 01442 892 069 The pound had a mixed session against a number of its counterparts yesterday; initially gaining on the euro before falling away again and making firm ground against the Greenback. The main story of the day concerned President Trump. GBP/EUR exchange rate graph GBP/USD exchange…(read more)

Election Effects

Written by Samuel Roberts on Wednesday, May 17, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / EUR

Written by: Samuel Roberts Currency Broker T: +44(0)1442 892 060 As you are probably aware, elections do tend to have some effect on currency rates and stock prices. A new government normally reflects uncertainty (for a few weeks anyway) until their leadership begins to show signs of becoming established. Probably not since the second terms…(read more)

Euro strengthens following French political developments

Written by Tom Taylor on Tuesday, May 16, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / EUR

Written by: Tom Taylor FX Manager T: +44(0)1442 892 074 Yesterday saw the euro strengthen against a basket of currencies, including its two main counterparts, the pound and US dollar. GBP/EUR dropped back into the low 1.17’s and EUR/USD is pushing towards 1.10 as you can see from the graphs below. GBP/EUR exchange rate graph…(read more)

GBP/EUR and GBP/USD rates range bound

Written by Alistair Ryan on Monday, May 15, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / EUR

Written by Alistair Ryan Currency Broker T: +44 (0)1442 892061 Sterling rates have been fairly stagnant over the last few weeks and even large data releases or announcements have struggled to move rates by any significant amount. Last week we saw GBP/EUR rates move within a range of 1.2%, with a low of 1.1774 compared…(read more)

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