GBP EUR Could Head Lower After Growth Revisions

Pound to Euro forecast: Boris Johnson as PM provides Sterling with a boost against...

Boris Johnson wins Leadership contest to become next UK Prime Minister: How does this affect GBP/EUR rates? The pound to euro exchange rate has managed to improve following the news news that Boris Johnson has become the 77th British Prime Minister. After weeks of not knowing who will lead the country we have seen the pound make some gains vs the single currency. This has created some good short term opportunities for anyone looking to buy euros at the moment. However, I think the gains could...
Will Recession Fears Impact GBP EUR Rate? The Week Ahead June 19th

Pound Euro forecast: Bank of England comments & Tory leadership election

Mark Carney's comments: Bank of England measures The Bank of England governor Mark Carney spoke yesterday about the most recent inflation report. His rhetoric was similar to that of their recent meeting earlier this month. It appears as though Carney is more in favour of Quantitative Easing rather than an interest rate cut and this gave the pound a boost. He also suggested that he would not necessarily change interest rates if the UK heads towards a no deal Brexit. However, he did suggest that they...