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Sterling Still Under Pressure But Euro Data Next Week Could Reverse Things (Colm Gilhooly)

The pound is still under pressure today after recent data and comment from the Bank of England suggest the UK is doing well, but not as well as some analysts had been pricing in.  Interest rate forecasts suggest UK rates…
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Will GBPEUR rise above 1.26 again?

The pound remains at a lower level against the Euro which is representing a good opportunity for anyone who is selling Euros to capitalise on a tough few weeks. The expectation is that the pound could strengthen this week as investors…
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Best rates for selling Euros for four months. (Ben Amrany)

The Euro has had a fantastic week strengthening against the pound by around 1.5% bring some relief to Euro sellers that are importing from the UK or just repatriating funds back from the proceeds of property sales. This week the…
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EU Inflation Weak But GBP EUR Still Dominated By Carney’s Comments At Yesterday’s Quarterly Inflation Report (Colm Gilhooly)

Whilst EU inflation and GDP today was disappointing, it looks as though sterling euro exchange rates are being dominated by Mark Carney’s comments at the Quarterly Inflation Report yesterday.  Whilst the Bank of England increased their growth forecasts for the…
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Which Way Will The Euro Go? (Colm Gilhooly)

So far this morning we have seen German trade figures come out better than expected alongside, alongside French Industrial output, which has given the Euro a slight boost.  This follows on from the ECB rate decision yesterday where Draghi didnt change…
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Where Next for GBP/EUR Exchange Rates? (Matthew Vassallo)

UK Industrial & Manufacturing Production figures were released this morning and came in much worse than expected. Due to the fact figures fell below expectation Sterling immediately lost market support, with GBP/EUR rates dropping during morning trading. Although we have…
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Sterling gains on the Euro with a target level of 1.27 around the corner should data dictate (Ben Amrany)

The pound has today recovered its losses against the Euro from yesterday when GBP/EUR hit a low of 1.2520. Current rates have just spiked to 1.2624 as there is a lot of selling pressure on the Euro due to teh…
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