February 15, 2013 · Comments Off on EUR/GBP: Pound to Gain on Expected Rebound in Retail Sales

EUR/GBP: Pound to Gain on Expected Rebound in Retail Sales

The Euro is believed to sustain yesterday’s losses alongside the British pound as the Euro area recession deepened more than forecast in its worst performance in almost four years as the bloc’s three largest economies exhibited slumping output. Meanwhile, an estimated rebound in British retail spending in January is believed to prop up the Sterling today.

Continue Reading...

EUR/GBP: Pound to Weaken on Expectations Manufacturing Activity Slowed

February 1, 2013 · Comments Off on EUR/GBP: Pound to Weaken on Expectations Manufacturing Activity Slowed

The British pound is deemed to maintain its weakness opposite the Euro as fears of a triple-dip recession are likely to intensify amid estimates that the UK manufacturing

EUR/GBP: Pound to Dip as British Economy Seen to Have Contracted in Q4

January 25, 2013 · Comments Off on EUR/GBP: Pound to Dip as British Economy Seen to Have Contracted in Q4

Estimates that the British economy shrank in the fourth quarter of 2012 are seen to weigh considerably on the British pound today on views that the country could

EUR/GBP: Dampened Talks of Further Stimulus Boosts the Euro

January 11, 2013 · Comments Off on EUR/GBP: Dampened Talks of Further Stimulus Boosts the Euro

The Euro is likely to maintain its gains opposite the British pound today after European Central Bank President Mario Draghi delivered an optimistic outlook for the Euro Zone