GBPEUR Exchange Rate: The Week Ahead April 11th
The GBPEUR exchange rate tumbled last week as hedge funds unwound their long bets on the British currency.
GBPEUR Exchange Rate: Week in Review April 10th
The GBP to EUR exchange rate saw a sharp drop on the week after touching the 1.1800 level on Monday in thin Easter trading.
Pound to Dollar Rate Drops to 1.36
The pound to dollar rate wasn't able to jump higher yesterday, having arrested its slide lower, after the UK vaccination campaign hit fresh snags.
GBPEUR Suffers a Third Day of Losses
The GBPEUR exchange rate has surrendered almost 300 pips from Monday’s high as hedge funds unwind their long positions on sterling.
GBPEUR Flat as Sterling Bulls Get Cold Feet
The GBPEUR exchange rate is flat at lunchtime on Thursday after a sharp two-day sell-off. After pushing to yearly highs of 1.18 on Monday.
GBPEUR Looks for Support Ahead of ECB Minutes
The GBPEUR exchange rate failed to hold on to a Services PMI bounce yesterday to close below the 1.16 level for the lowest close since March 3rd.
GBPEUR Bounces After PMI Data Supports
The GBPEUR exchange rate is flat after the Wednesday morning session after PMI Services data came in at expectations.
GBPEUR Sinks as Traders Lose Patience with PM
The GBPEUR exchange rate sank on Tuesday as traders returned from the Easter holiday and decided that the Prime Minister’s roadmap was fully priced in.
GBPEUR Tumbles as Euro Buyers Emerge
The GBPEUR exchange rate was 0.55% lower on Tuesday morning as traders finally cut the euro some slack.
GBPEUR Looks to Economic Reopening for Further Gains
The GBPEUR exchange rate saw another strong week as the UK moved to the next stage of its reopening plan, whilst France went into another lockdown.
