COVID-19 Shuts Italian Schools as Outlook Slammed by Uncertainties

Euro Gaining Traction Against Pound

We saw sterling make traction against the euro last week and at the beginning of this week, but those gains are slowing down now ahead of the key meeting of the Bank of England...
Euro Continues to Slide Against the Pound

EU and GBP Traders Await BoE Decision

This week has all eyes are still on whether the Bank of England will reduce interest rates on Thursday. The euro has also been hit by some disappointing business confidence index statistics coming out...
Euro to Pound: UK Economy Contracts Dramatically Due to Lockdown

German Data Not Enough to Boost Euro

Germany is the EU’s economic powerhouse, so it’s a little surprising that the good news to come out of the bloc’s biggest member has not done much to excite the euro. Economic sentiment is...
How is COVID-19 Effecting the EUR and AUD Exchange Rate

Euro Traders Eye up ECB Meeting on Thursday

European Stats Hold up Currencies Following the publication of Germany’s December Producer Price Index, the euro rose against the pound. The statistics rose from 0% to .1%, and the year on year numbers exceeded forecasts...
Euro to Pound: France Reopens Borders as COVID-19 Cases Fall

Slow Week for the Euro

The euro started this week relatively positive as it looked to sweep its losses against the US dollar under the carpet. The week before, the US dollar made gains against the European currency amidst...
Is GBPEUR Showing Signs of Improvement Against the Euro?

December Stats Begin To His Sterling

Despite some poor GDP statistics on Monday, the pound had an uplifting Tuesday against its currency rivals. The possible rate cut from the Bank of England still looms over sterling, but the markets seem...
Will the Pound to Euro Rate fall Into the 1.10’s soon?

Budget to Hit Sterling in March

Whilst the pound has had a mini-slump over the last few days, 2020 might not be so bad for the currency. Murmurs amongst the Bank of England’s Monetary Policy Committee hint at a potential...
Euro v Pound Forecast as we Approach July

GDP Data Weakens Sterling

Yesterday saw the publication of the Gross Domestic Product (GDP) numbers in the three months up to November, and the UK economy shrank by .3%. This has caused sterling to drop below 1.17 against...
Euro to Pound Exchange Rate Continues Run of Strength

Interest Rate Cut Rumours Hit Pound Again

The pound ended last week lower than most major currencies at closing time but was still a tiny bit higher against the euro and still has relative support. However, sterling will be tested as...
Sterling Ends Weeks on a High After Clawing Back Value Lost From Earlier in the Week

Sterling Ends Weeks on a High After Clawing Back Value Lost From Earlier in...

The pound has had a good week and should end it on a high, gaining back some of its losses following comments from outgoing Bank of England Governor Mark Carney, who talked about the...