The EURGBP exchange rate slumped through the support around the 0.8475 level and cleared the 2021 yearly lows. The pair now has the pre-virus lows in its sights and those reside around the 0.8300. Traders are driving the euro lower on expectations of a quick interest rate...
The EUR GBP exchange rate was 0.14% higher on Wednesday after the release of UK GDP figures. A gain of 0.4% in August was slightly below analysts’ expectations and confirmed the recent tapering of the strong rebound. The UK economy is still relatively strong compared to its...
The EUR GBP exchange rate was trading below the 0.8500 level on Tuesday after the latest economic data. The pair is only 50 pips from the yearly lows but is struggling for traction above the current level. UK employment figures were released yesterday highlighting a new record...
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...
Currently, mid-market levels for euro to pound is at a 2-month high at 0.897 on midmarket rates showing the recent strength for the single currency whilst euro to US dollar has been making continuous inroads against the USD as the start of May at 1.08 has grown...
