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Currency News - EUR

Supreme Court to Announce Their Decision This Week Regarding Invoking Article 50

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

Written by: Tom Taylor FX Manager T: +44(0)1442 892 074 This year has seen the pound pick up where it left off in 2016 with sterling slipping by almost 4 cents against the euro and almost 3 cents against the USD since the turn of the year. Without sounding like a broken record, the reason…(read more)

Stormy Skies Reflect Stormy Markets

Written by Sebastien Coignac-Smith on Friday, January 13, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / EUR

Written by Sebastien Coignac-Smith Currency Broker T: +44 (0) 1442 892063 As the storms rolled in across the country yesterday markets were relatively calm for the majority of the trading session. With very little data out of the UK, and no political news headlines until the afternoon, the markets only had a couple of minor…(read more)

Will it be a Hard Brexit?

Written by Matthew Farrell on Thursday, January 12, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / EUR

Written by Matthew Farrell Currency Broker T: +44 (0)1442 892 060 In yesterday’s trading session, GBP/EUR ranged between lows of 1.1504 and highs of 1.1558 finishing the day on 1.1512. Sterling gained ground against the euro throughout the morning after better than expected manufacturing and industrial production figures, followed by a tumble down to 1.1512…(read more)

After Monday’s drama, trading seems more subdued

Written by Arron Morris on Wednesday, January 11, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / EUR

Written by Arron Morris Senior Currency Broker T: 01442 892 065 After the drama of Monday, yesterday’s trading session was somewhat subdued with the GBP/EUR cross spending the majority of day bouncing between €1.1450 and €1.1500. As my colleague Sebastien mentioned in our last report, there was little to drive the FX markets yesterday, as…(read more)

Pound Under Pressure

Written by Sebastien Coignac-Smith on Tuesday, January 10, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / EUR

Written by Sebastien Coignac-Smith Currency Broker T: +44 (0) 1442 892063 It was a weak session for the Pound across the board yesterday, with it losing out to almost all of its counterparts (only gaining against the Turkish Lira). The headline moves were a drop in GBP/EUR of over 1%, from a Friday closing level…(read more)

Positive Services Data provides short boost for Sterling

Written by David Bayliss on Friday, January 6, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / EUR

David Bayliss Currency Broker T: 01442 892067 The UK published their third PMI data of the week in the form of Services PMI. This followed the trend of its predecessors, Manufacturing and Construction, publishing a figure above the anticipated and showing further expansion in the sector. The reading of 56.2 continued the recent positive data…(read more)

A Volatile Year’s Trade

Written by Jack Wiles on Thursday, January 5, 2017. Currency Market Watch - Currency News - Foremost Currency News - Sterling / EUR

Jack Wiles Currency Broker T: 01442 892073 2016 has been an extremely turbulent year’s trading for sterling crosses. Over the course of the year GBP/EUR and GBP/USD fluctuated within a 19% range, with GBP/EUR falling 14% and GBP/USD falling 16% since the year’s start; the biggest annual loss in 8 years. Buying a property for…(read more)

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