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Currency News - EUR

GBP/EUR Exchange Rate Struggles as Brexit Deadlock Persists

Written by Alastair Archbold on Monday, April 8, 2019. Currency News - Sterling / EUR

Last week’s high: €1.1754 Last week’s low: €1.1578   Lack of Brexit Progress Weighs Heavily on GBP/EUR Exchange Rate It was another volatile week for the GBP/EUR exchange rate as Parliament failed to break its Brexit deadlock. As MPs continued to reject any of the proposed alternatives to Theresa May’s already rejected plan the risk…(read more)

Parliament Passes Vote to Avoid No-Deal Brexit

Written by James Spurway on Thursday, April 4, 2019. Currency News - Sterling / EUR

Pound News: Pound Firms on Fresh Hopes that No-Deal Brexit Will Be Avoided Despite a lack of direction in the Brexit process, the Pound firmed and was able to avoid losses yesterday thanks to fresh news bolstering hopes that a no-deal Brexit could be prevented, and that a general election was becoming less likely. UK…(read more)

Brexit Uncertainties and Central Bank Caution Keeps Currencies Volatile

Written by Adam Wiffen on Wednesday, April 3, 2019. Currency News - Sterling / EUR

Pound News: Hopes for Cross-Party Brexit Talks Keep Pound Climbing After Monday’s volatile movement on a lack of success in the second round of Brexit ‘indicative votes’, the Pound saw steadier movement yesterday. The British currency was influenced by movement in its rivals as investors anticipated more Brexit news. Overnight though, the Pound saw a…(read more)

Eurozone Data Becomes Even Gloomier as Brexit Developments Limit Pound Gains

Written by Arron Morris on Tuesday, April 2, 2019. Currency News - Sterling / EUR

Pound News: Brexit’s Second Round of ‘Indicative Votes’ Leaves Markets No Clearer Yesterday, investors backed the Pound as they speculated the UK government may be pressured in the direction of a softer Brexit. Sterling also found some support for much of yesterday’s session from some stronger-than-expected UK manufacturing stats. However, as yesterday’s second round of…(read more)

GBP/EUR Exchange Rate Slides as MPs Reject PM’s Deal for Third Time

Written by Alastair Archbold on Monday, April 1, 2019. Currency News - Sterling / EUR

Last week’s high: €1.1782 Last week’s low:  €1.1574   Euro Rises as Theresa May’s Deal Rejected for Third Time Last week the Euro rose as Germany’s IFO current assessment picked up to 103.8 despite forecasts suggesting this figure would slump. Meanwhile, Brexit uncertainty weighed on Sterling as the Prime Minister spent the previous Sunday in…(read more)

Brexit Uncertainties Build as Eurozone Confidence and US Growth Slow

Written by David Bayliss on Friday, March 29, 2019. Currency News - Sterling / EUR

Pound News: Hopes for Government Brexit Deal Fade Without any Other Solution in Sight The Pound has been sliding since Wednesday evening, as the UK Parliament’s first ‘indicative votes’ process failed to reach any conclusions on Brexit, while Prime Minister Theresa May’s offer to stand down as Prime Minister has been met with a mixed…(read more)

Brexit ‘Indicative Votes’ Fail to Pass: Pound Muted

Written by Jack Wiles on Thursday, March 28, 2019. Currency News - Sterling / EUR

Pound News: UK Prime Minister Announces She Could Step Down as Indicative Votes Fail to Provide Clarity Despite a surprisingly weak UK retail report from the Confederation of British Industry (CBI), Pound investors largely ignored the data in favour of developments regarding the Brexit process as Parliament held ‘indicative votes’ on how to proceed. The…(read more)

Speculation about Support for Government Brexit Deal Rising as Eurozone Confidence Remains Mixed

Written by Joe Mayhew on Wednesday, March 27, 2019. Currency News - Sterling / EUR

fPound News: No-Deal Brexit Fears Return to Batter Sterling As Brexit uncertainty persists and UK Parliament continues to attempt to find a way to resolve the process, the Pound saw mixed movement yesterday. The British currency saw stronger support in the afternoon on speculation that more Conservative Party MPs could support the government’s Brexit deal…(read more)

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