Euro rate forecast – Will the Euro lose ground against Sterling this week?

A fairly quiet week for the Euro with the most notable data releases expected tomorrow morning as we see manufacturing and services data released for the Eurozone. Expectations are for a slight increase which may...

Sterling Euro Exchange Rates Stable Today

GBPEUR exchange rates have remained relatively flat today as data appears thin on the ground for both economic areas. One cause for Sterling strength was the lower figure from the US concerning home sales....

Surprise 9-0 vote by the Bank of England gives Sterling a strong boost against...

This morning's Bank of England minutes showed a very surprising 9-0 vote from the members of the Monetary Policy Committee (MPC) leading to a strong surge for the pound against the single currency and bringing...

GBP EUR – Big Exchange Rate Movement Expected!

This morning the UK Bank of England (BofE) release the minutes from their meeting from two weeks ago. The meeting was Mark Carneys first at the helm of the BofE and there is immense...

EURO NEWS – Currency War – Buying Euros – Selling Euros (STEVE EAKINS)

European data this month continues to show an improvement, as yesterday saw Consumer Confidence climb again. However, there is a risk growing Spain that is political.  There have been calls for the Spanish Prime...

Euro News – Italy Credit Rating Downgraded!

News from the Eurozone has been fairly quiet lately but overnight Italy's credit rating was downgraded. This has not significantly affected rates but it is an indication of the continuing problems in the Eurozone....

GBP EUR Forecast – Best Exchange Rates

Today has seen the best opportunity for Euro sellers since March 2013, as the day low dropped to 1.1534. We saw sustained trading levels at below 1.16 until roughly 16:00. The main catalysts for the GBP slip were manufacturing production...

GBPEUR rates fall further towards a 2 month low (STEVE EAKINS)

GBPEUR rates were surprisingly steady yesterday with very little movement – especially following the large swings we saw at the end of the week. GBPEUR levels are still trading towards a 2 month low...

Carney’s Comments Weaken the Pound vs Euro

Mark Carney's presence was felt yesterday as his comments rocked the currency markets. UK interest rates were kept on hold as well as Quantitative Easing so you may think why the excessive move on...

How to get the Best EUR Exchange Rates? Volaitle Day for the GBP/EUR Following...

The EUR has had an extremely volatile day on the markets following two key data releases this morning. Both the Bank of England (BoE) and the European Central Bank (ECB) decided to keep their base...