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Currency News - EUR

Eurozone Data Limits Euro Strength, Federal Reserve Dovishness Knocks US Dollar

Written by Alastair Archbold on Friday, February 1, 2019. Currency News - Sterling / EUR

  Pound News: No-deal Brexit Fears Leave Sterling Limp A lack of Brexit developments over the last day left the Pound’s movement largely limp. The British currency attempted a modest recovery against some major rivals like the Euro, but ultimately failed to sustain any notable gains. Analysts have noted that many investors are taking profit…(read more)

Brexit Uncertainties Limit Pound Rebound, Eurozone Ecostats Mixed as US-China Trade Talks Resume

Written by Tom Taylor on Thursday, January 31, 2019. Currency News - Sterling / EUR

  Pound News: EU Hesitance to Renegotiate Brexit Deal Leaves Pound Limo After the UK parliament debate over Brexit on Tuesday knocked the Pound lower, the British currency rebounded and steadied yesterday. However, it was not enough to help Sterling to recover this week’s losses. As MPs voted for the government to reopen Brexit negotiations…(read more)

Pound Dips as Parliament Votes to Reject Irish Backstop

Written by David Worthington on Wednesday, January 30, 2019. Currency News - Sterling / EUR

Pound News: Brexit Fears Rise after Amendments Leave UK No Closer to Averting No-Deal Outcome The Pound plummeted against most major rivals on Tuesday evening as the latest parliamentary debate on Brexit ended with MPs sending Prime Minister Theresa May back to Brussels for further negotiations. However, as the EU has said its position will…(read more)

Pound Slips ahead of Today’s Brexit Debate, US Dollar Traders Anticipate Trade Talks and Fed

Written by James Spurway on Tuesday, January 29, 2019. Currency News - Sterling / EUR

Pound News: Sterling Slides from Best Levels with Brexit Outlook in Question Last week, investors piled into the Pound on rising hopes that UK politicians would take measures to prevent a no-deal Brexit, although by yesterday Sterling was back down from its recent highs. As analysts warned that the default outcome remains a no-deal Brexit…(read more)

GBP/EUR Exchange Rate Strikes 19-Month High on Brexit Deal Hopes

Written by Alastair Archbold on Monday, January 28, 2019. Currency News - Sterling / EUR

Last week’s high: €1.1597 Last week’s low: €1.1278   Pound Shoots Up as No-Deal Chances Diminish The Pound Euro (GBP/EUR) exchange rate extended its recent run of gains into a fourth week last week amid growing optimism that the UK would avoid a no-deal Brexit. There were various different factors that contributed to the improvement…(read more)

Sterling Slips Back from Wednesday’s Rally, Euro Slumps on Eurozone PMI Misses

Written by Adam Wiffen on Friday, January 25, 2019. Currency News - Sterling / EUR

Pound News: Sterling Struggles to Hold Best Levels amid Brexit Uncertainty The Pound saw mixed movement yesterday following the currency’s broad surge against most rivals on Wednesday. Investors sold the British currency from its best levels against majors like the US Dollar and Canadian Dollar. Hopes that Parliament could work towards preventing a no-deal Brexit…(read more)

Rising Hopes for Avoiding No-Deal Brexit Leads to Pound Gains, Risk Currencies More Appealing amid Central Bank Caution

Written by Arron Morris on Thursday, January 24, 2019. Currency News - Sterling / EUR

Pound News: Could Parliament Vote to Delay Brexit and Prevent No-deal Outcome? Despite the UK government indicating it would not delay the Brexit process and would continue in attempts to make its negotiated deal more appealing, other MPs in Parliament have been eager to seek ways to prevent a no-deal Brexit from becoming reality. Britain’s…(read more)

UK Wages and Brexit Speculation Keep Pound Appealing, Risk Aversion Ups US Dollar Demand

Written by David Bayliss on Wednesday, January 23, 2019. Currency News - Sterling / EUR

Pound News: UK Job Market Report and Brexit Speculation Boosts Sterling Despite market focus on Brexit, the Pound benefitted from UK job market data yesterday as it was revealed that UK wage growth had hit its best level for a decade. The UK unemployment rate also unexpectedly improved, to 4.0%. On top of this, the…(read more)

Brexit ‘Plan B’ Fails to Influence Sterling as Slower Chinese Growth Leaves Riskier Currencies Unappealing

Written by Jack Wiles on Tuesday, January 22, 2019. Currency News - Sterling / EUR

Pound News: Brexit ‘Plan B’ Fails to Inspire Pound Investors Following a surge in demand for the Pound last week, Brexit uncertainties weighed yesterday morning as the British currency continued to slip back from the highs seen last Friday. UK Prime Minister Theresa May announced her government’s ‘Plan B’ on Brexit yesterday afternoon. However, as…(read more)

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