It would be dangerous to rule out GBPEUR exchange rates slipping below 1.10
The Pound to Euro exchange rate has come under fresh pressure this week owing to the uncertainty of the UK Government and political woes. Whilst the UK leaning towards a softer Brexit is good...
GBP Volatility after Boris Johnson Resignation
The Pound started it’s rollercoaster journey yesterday after the two cabinet resignations from Brexit Secretary David Davis and Foreign Secretary Boris Johnson in Theresa May’s government within 24 hours. The Pound fell sharply after...
2 Major Resignations after Brexit Meeting and the impact on the value of Sterling
Over the weekend Brexit Secretary David Davis has announced his resignation after the meeting held at Chequers.
David Davis chose to leave late on Sunday night after feeling as though he did not believe in...
How will GBPEUR react to the Chequers meeting today?
Today is in many respects crunch day for Theresa May with markets gearing themselves up for some final clarity on Brexit. After lots of dithering and a lack of clarity from Government, Theresa May...
GBP EUR Slides as Political Tensions on Brexit Escalate
The pound is still trading at the lower levels in this recent weaker range ahead of the important Brexit cabinet meeting at Chequers tomorrow. New details have emerged today of the new “facilitated customs...
Will today’s UK data provide another boost for the Pound?
The economic data released so far this week has been positive for the Pound, as it's shown that the UK economy is remaining resilient which has pushed the Pound to Euro rate north of...
Will GBPCAD rise back above 1.80?
The Canadian Dollar has been rather range bound in the last 3 months oscillating between 1.80 and 1.72, this has presented some better rates for Canadian Dollar sellers for Pounds. The general outlook on...
GBP/EUR exchange rates range bound at the start of the trading week
We have seen a fairly slow start to the trading week for GBP/EUR exchange rates, potentially with the Euro just about edging it and making small gains over Sterling.
Due to the fact we have...
Euro to improve against the Pound in July
The Pound has continued to remain under pressure against the Euro during the course of the week finishing the week trading at the 1.13 level.
The EU summit caused the single currency to strengthen vs...
July and August could be key for GBP/EUR exchange rates, where to next for...
As we end the month the UK's Prime Minister is coming under increasing pressure, not only from within her own party but from key figures within the EU reminding her that time is running...
