The EUR GBP exchange rate was lower by -0.08% on Wednesday as traders paused to consider European inflation at a 24-yr high. The latest figures will heap further pressure on the European Central Bank to talk tough on tackling higher prices. The OECD has said that the...
The EUR GBP exchange rate was 0.37% higher on Tuesday and back above the 0.8500 level after Germany’s unemployment rate improved. Analysts had expected a reading of -25k but the actual number was -34k. Meanwhile Europe and the UK are posturing on virus rules after the emergence...
The EUR GBP exchange rate was 0.20% higher on Thursday despite some uninspiring economic data from Germany. A final reading for third quarter GDP saw the quarterly reading come in at 1.7% instead of 1.8%. Consumer confidence also slipped as shoppers were slowed down by another virus...
The EURGBP exchange rate was lower on Monday, but recent price action looks to have secured a low around the 0.8500 level. The pound sterling had been strong recently on rate hike potential but that has settled. Risks are still present for both currencies, but the pound...
Hope remains that the looming deadline will force both sides into some form of agreement. However, the somewhat negative rhetoric emanating from both camps has kept the sterling to euro rate down.
The Euro to Pound exchange rate has been gradually climbing since Monday, with the pair trading at its best level of the week at the time of writing. Monday was bad day for the pair as the Pound had its best day against the Euro in around...
