Euro’s Biggest Day in January

Euro’s Biggest Day in January

The euro fell against the pound yesterday as the latter crossed a pivotal level- the pound to euro rate passed the 1.18 level, thanks to some favourable statistics coming out of the UK. The...
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...
Euro to US Dollar Outlook: EUR Holds Against USD but Euro Volatility Increases

International Tensions Causing Volatility for Exchange Rates

2020 hasn’t been overly kind to the pound, as it started the New Year on the backfoot. Over the course of Friday, the euro to dollar rate rose, possibly because of benefits from the...
Pound-Euro Exсhаngе Rate in Shаrр Onе Dау Drор

All Quiet for Sterling

We hope you all had a good Christmas- it’s only been two days since the big event and the pound rallied slightly on Boxing Day. However, not enough to see it get to that...
Currencies Slow for Christmas Eve

Currencies Slow for Christmas Eve

Sterling continued its downward trajectory over the last 24 hours, as the rate against the dollar continued to drop. Over the last few weeks, the pound hit 1.35 with happiness over the general- election...
Pound Loses Election Highs

Pound Loses Election Highs

The pound last week lost all of its gains from Boris Johnson’s large majority in the general election on the 12th December. At the time of writing, the pound is 1.1742 against the euro,...
EUR Exchange Rate Outlook: Europe Viewed as Coronavirus Epicentre, EUR Could Face Trouble Ahead

Sterling Holds for the Weekend

The pound is maintaining its gains ahead of the weekend, as it’s at 1.733 against the euro and 1.2919 vs the dollar at the time of writing. We’ll see the markets fixated on the...
Pound and Euro Could Look Set for Steady Week

Pound and Euro Could Look Set for Steady Week

After the publication of the IHS Markit PMI numbers at the end of last week the pound to euro rate declined on Friday. The figures highlighted that there would potentially be another economic contraction...
Pound and Euro Could Look Set for Steady Week

EUR/GBP near 1-week high on election uncertainty

The euro to pound interbank exchange rate stands at 0.8642 today, just -0.17% below its recent one-week high, its strongest since October 25th, reached yesterday, at 0.8657. In part, this is because, although the...
Pound to Euro Exchange Rate: Economic Impact of Coronavirus to be Under Watch This Week

Euro rate forecast: How ‘no deal’ could affect GBP and EUR

In today’s Euro rate forecast, I examine how, as the three-year long Brexit fiasco finally comes to an end, the messy divorce with the European Union is now showing its effects on the complacent...