The Pound remains supported, and is holding up surprisingly well, given the political uncertainty the UK currently faces. The speaker John Bercow yesterday said that the PM could not bring her deal back for a third vote as has been…
Read MoreThis morning UK employment and wage growth data was released, and the numbers have helped the Pound rise. GBP/EUR is at €1.1370 and GBP/USD is at $.2915. Most of the employment data was roughly as expected. 2 measures beat forecasts…
Read MoreAs I mentioned in my last post on Friday, poor UK data at the end of last week weakened the Pound and pulled the GBP/EUR rate to €1.13, where it remains today. It has hit support at that level, and…
Read MoreFor the past month Pound/Euro rates have been stuck in a range half a point either side of €1.1350. The last week has seen a little more volatility, with mixed messages from central banks whipsawing the rate as low as…
Read MoreGood morning. It’s been an interesting start to the year for Pound/Euro exchange rates. As you can see from the chart below as the year got underway, the Pound came under pressure due to ongoing ‘Brexit’ uncertainty. However, once Theresa…
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