EUR/GBP-Commentary
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October 3, 2024 7:18 AM UTC
GBP falls back as Bailey indicates prospect of more aggressive easing
September 23, 2024 8:50 AM UTC
GBP moves to new highs against the EUR despite weaker PMI
September 23, 2024 7:54 AM UTC
General PMI weakness in Germany and France undermines EUR, particularly against the safe havens
September 23, 2024 6:41 AM UTC
PMI data in focus this morning with modest dip expected. EUR has scope to extend gains if data at or above consensus
September 20, 2024 6:47 AM UTC
EUR/GBP testing the year's lows after retail sales extends stronger trend
September 19, 2024 11:18 AM UTC
GBP up after unchanged rate decision from MPC, with 8-1 vote less dovish than expected. Upside scope for GBP/USD
September 18, 2024 6:32 AM UTC
EUR/GBP slightly lower as expected rise in core CPI sustains expectations that BoE will leave rates unchanged tomorrow
September 11, 2024 6:24 AM UTC
GBP softens after July GDP comes in unchanged m/m, below market expectations of a 0.2% rise.
September 10, 2024 6:19 AM UTC
UK labour market data was mixed, and mild GBP strength unlikely to extend far
August 28, 2024 7:04 AM UTC
EUR/USD looks likely to hold clos to current levels. GBP and CHF gains may start to falter
August 27, 2024 7:08 AM UTC
JPY stabilising, CHF and GBP strength statign to look overdone
August 26, 2024 1:28 PM UTC
USD is gaining some ground against the EUR in early NY trading, which appears to be largely technical and a partial correction to Friday move.
August 26, 2024 7:30 AM UTC
Details of Lane comments shows he is still signalling easing.
August 23, 2024 3:30 PM UTC
GBP has gained a little extra ground, as BOE Bailey in Jackson Hole signals gradual rate moves.
August 23, 2024 7:55 AM UTC
Expectations on ECB and BOE rate cuts continue to diverge causing some movements on EURGBP recently.
August 22, 2024 9:03 AM UTC
EUR/GBP dips below 0.85 as UK PMI continues to outperform
August 22, 2024 8:23 AM UTC
EUR bounces as EZ PMI comes in above expectations despite weaker German data
August 21, 2024 6:46 AM UTC
UK public sector borrowing highr than expected and upcoming fiscal tightening suggests some downside risks for GBP
August 16, 2024 6:35 AM UTC
GBP rising a little after retail sales, which were much as expected but supported the impression of an improving UK economy.
August 14, 2024 6:24 AM UTC
GBP softer after CPI comes in below consensus, but GBP losses unlikely to extend far
August 13, 2024 6:42 AM UTC
GBP rise after unemployment rate drops to 4.2%, but other data more mixed
August 8, 2024 7:10 AM UTC
The market is focused on which way risk sentiment will turn, but there is value in the FX market either way
August 1, 2024 11:29 AM UTC
Boe cut rates as expected, but vote was close and statement and forecasts suggest pace of rate cuts will be similar to that priced in the market.
July 29, 2024 9:46 AM UTC
Rate cut risks, extended positioning and high valuation makes GBP vulnerable
July 26, 2024 1:05 PM UTC
PCE prices marginally hgiher than expected but no impact seen. Focus shifts to next week's central bank meetings
July 24, 2024 8:54 AM UTC
EUR/GBP pressing 0.84 after UK PMI marginally beats consensus
July 19, 2024 6:28 AM UTC
GBP slips a little lower after weaker retail sales. EUR/GBP downside looks limited
July 18, 2024 6:52 AM UTC
EUR/GBP holds above 0.84 with hawkish BoE already well priced in to the FX market.
July 16, 2024 7:04 AM UTC
USD firmer, but basis for gains looks flimsy
July 11, 2024 6:34 AM UTC
May GDP stronger than expected, GBP closign in on year's highs against the EUR.
July 10, 2024 2:07 PM UTC
PIll comments on the hawkish side, boosting GBP
July 5, 2024 6:57 AM UTC
GBP unchanged as Labour wins UK election
June 21, 2024 7:36 AM UTC
UK PMI weaker but EUR/GBP a little lower as UK a little better than EZ.
June 21, 2024 6:40 AM UTC
EUR/GBP initally saw a small dip but the recovery in sales in May is of limited significance.
June 20, 2024 11:15 AM UTC
Makrets see BoE comments as dovish despite unchanged 7-2 vote
June 20, 2024 6:36 AM UTC
SNB and BoE monetary policy decisions today carry some risk of easier than expected policy and weaker currencies
June 19, 2024 2:43 PM UTC
Thursday see key BOE and SNB meetings.
June 12, 2024 6:31 AM UTC
UK April GDP flat on the month, up 0.7% on a 3m/3m basis, as expected. Little GBP impact
June 11, 2024 6:39 AM UTC
GBP slips a little as claimant count rises and HMRC data shows weakening earnings growth
May 24, 2024 6:28 AM UTC
Weaker than expected April retail sales are likely erratic and will have little sustained impact on GBP
May 23, 2024 8:44 AM UTC
UK composite and services PMI weaker, manufacturing better, GBP lower.
May 22, 2024 6:24 AM UTC
EUR/GBP looks likely to test 0.85 as UK services inflation remains stubbornly high
May 17, 2024 6:58 AM UTC
USD/JPY higher after Ueda and BoJ operations discourage tightening expectations. BoE hawk Mann has more power to weaken than strengthen GBP
May 14, 2024 8:39 AM UTC
GBP moves lower as BoE chief economist Pill indicates possibility of a summer rate cut
May 14, 2024 6:22 AM UTC
Average earnings growth remains elevated and limits the chances of June rate cut from the BoE. Scope for EUR/GBP to retest 0.8550
May 10, 2024 6:41 AM UTC
UK GDP rises a better than expected 0.6% in Q1, but breakdown looks suspicious. Nevertheless, GBP likely to hold firm short term
May 9, 2024 11:19 AM UTC
UK rates left unchanged, but deputy governor Ramsden joins Dhingra in voting for a cut.
April 25, 2024 9:16 AM UTC
GBP rising this morning in general risk positive market. BHP-Anglo takeover deal unlikely to be relevant
April 23, 2024 2:00 PM UTC
Pill comments taken as hawkish, but don't rule out June rate cut
April 23, 2024 8:49 AM UTC
Stronger services PMIs boosts GBP, more BoE commentary awaited