Euro news

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Banks in Frankfurt, Germany's financial hub, are facing major job losses due to the coronavirus pandemic, according to a study. The city appears to be struggling to tempt financiers from London despite Brexit.

Euro to Pound (EUR/GBP) Exchange Rate Plummets as Brexit Deal Hopes Boost Sterling EUR/GBP Exchange Rate Sinks as EU Provides Lifeline for Brexit Talks The Euro to Pound (EUR/GBP) exchange rate plummeted by -1.2% today, with the pairing currently trading around £0.902. Sterling soared against many of its peers today after Downing Street welcomed what it called ‘significant’ remarks from the Europe…

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Brexit talks are reportedly set to resume, prompting a fresh bid in the Pound. Confirmation expected within 24hours

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For the third day in a row, the EUR/USD, is in an upward correctional range that has pushed the pair towards the 1.1850 resistance at the time of writing, which is the highest level in a month.

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The Pound Sterling struck a 1-week peak versus the US Dollar during London trade on Wednesday on news that a trade deal seemed within reach.

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EUR/USD: New 1-month high prices

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The Euro has rallied significantly during the trading session on Tuesday, reaching towards the 1.1850 level, which is also the previous uptrend line being tested again.

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The British pound has gone back and forth during the trading session on Tuesday, as we continue to see a lot of questions when it comes to where we are going next.

Retail sales and inflation data is likely to dictate the outlook for the Canadian Dollar after the Bank of Canada confirmed negative rates remain part of the toolkit.

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The British Pound may fall if EU and UK negotiators fail to reach a consensus as the December 31 deadline nears. The third presidential debate is on deck, how might markets react?

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Euro to Pound (EUR/GBP) Exchange Rate Rises as Brexit Talks Show Signs of Breaking Down EUR/GBP Exchange Rate Edges Higher as Brexit Concerns Weigh on Sterling The Euro to Pound (EUR/GBP) exchange rate rose by 0.2% today, with the pairing currently trading around £0.911. The Pound (GBP) fell against the single currency today after Brexit talks between Downing Street and the EU failed to show any p…

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After a harsh week in which the EUR/USD was exposed to downward momentum, pushing it towards the 1.1688 support, and with the start of this week’s trading, the pair tried to rebound higher with gains to 1.1793 before settling around the 1.1775 level at the time of writing.

By examining the daily chart of GBP/USD, it seems clear that any chances for the pair to rebound higher would be a selling target, which was always recommended since Britain voted to leave the European Union.

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The Euro struggled to maintain momentum against the US Dollar as expectations erode for a US aid package which would have helped those at risk as a result of the pandemic.

Germany witnessed a fast acceleration in new Covid-19 infections, while the global pandemic keeps global trade hostage.

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EUR/USD is back above 1.1800 and eyeing a run at the one-month high as the US dollar basket (DXY) slips back towards important support around 93.00.

The German industrial giant Thyssenkrupp intends to sell its struggling steel business, although what deal will be done remains uncertain. What is clear is that the steel business in the EU as a whole is changing.

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The US dollar lost against the Euro quite early during the trading session on Monday, as the EUR/USD pair has reached towards the 1.18 handle.

GBP/USD continues to trade narrowly between the October 12 high at 1.3082 and the 1.2861 lows touched on October 14 and 16. Sideways trading will likely persist while EU-UK Brexit talks remain on h...