GBPEUR remains in a tight range to at the start of the week
The pound to euro exchange rate has been moving a huge amount during the last three weeks and after hitting its lowest level since credit crunch last week it has started to regain some...
EURGBP Outlook: The Impact of COVID-19 So Far
No matter who you are, where you are or what you are doing now, the Coronavirus, aka COVID-19, is having an unprecedented impact on your life and possibly livelihood right now.
In the last few...
Euro Rate Forecast – How will the Euro react to the Coronavirus?
Firstly, my best wishes and thoughts to those negatively impacted by recent events, this situation seems to have affected everyone I am talking to whether through work, personal life or both. This is a...
Pound to Euro Exchange Rate: BoE Slashes Interest Rate Causing GBP to Edge Higher...
Yesterday afternoon saw the British central bank, the Bank of England (BoE) cut the UK’s interest rate to 0.1% from its previous 0.25%. the move made by the BoE suggested that necessary action was...
EUR Exchange Rate Outlook: Europe Viewed as Coronavirus Epicentre, EUR Could Face Trouble Ahead
The euro is facing significant pressure from the coronavirus as nations around the world struggle to contain the spread of the deadly disease. The virus, which originated in Wuhan, China, has now spread throughout...
Pound to Euro Exchange Rate: Economic Impact of Coronavirus to be Under Watch This...
With the coronavirus locking down more nations with each week that passes by, the damage caused by the global slowdown in economic output is likely to be severe. Investors from both camps (GBP and...
Euro Exchange Rates: Pound Receives Support Following £30bn Stimulus, Sending GBP/EUR Higher as EUR...
GBP/EUR exchange rates were volatile yesterday after two significant announcements were made from the UK. First was the Bank of England’s emergency rate cut which saw their interest rate drop from 0.75% to 0.25%,...
Euro Exchange Rates: Emergency 50bps Bank of England Rate Cut Sees EUR Edge Over...
EUR traders were closely watching moves made by the Bank of England in the weeks leading up to their March monetary policy decision. The market noted that the UK central bank could cut their...
Euro Exchange Rates: EUR/GBP Boosted as Investors Flee to Safe Havens
The euro to pound (EUR/GBP) exchange rate jumped on Monday afternoon following the flocking of investors around safe-haven currencies. This left the pair trading at around £0.8708. The headlines continue to be dominated by...
GBPEUR Exchange Rate Forecast: ECB Rate Decision in Focus as UK Treasury Set to...
Following a week which saw GBP slump against the euro for the fourth week in a row, and the euro benefit from further liquidation of ‘carry trades’, the new trading week will eye up...