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...
GBPEUR: Could We See Further Easing From the ECB?

Pound Welcomes Preliminary Trade Talks

The pound has extended its recovery against the euro as we head towards the end of the second week of the year. This is in the wake of an initial meeting between Prime Minister...
Will the Euro Continue to Strengthen Against Sterling?

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...
Euro to Pound Exchange Rates Reach a 6-Week Low

Euro Area Shows Further Slump as Manufacturing Data Proves Disappointing

The Eurozone’s manufacturing data for December was released just yesterday, the figures were disappointing however. Economists noted that the euro areas manufacturing sector was already on a downturned which deepened after the news unfolded....
Euro to Pound Exchange Rates Reach a 6-Week Low

GBP to EUR Rate Near 2-Week High, on Hopes for UK Economic Rebound in...

The pound to euro interbank exchange rate stands at 1.1821 today. This is just 0.27% below sterling’s near two-week high against the euro, its highest since Tuesday 17th December, reached yesterday, at 1.1854. In part,...
Will the Euro Continue to Gain Strength Over the Pound and US Dollar?

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,...
Euro to Pound Exchange Rates Reach a 6-Week Low

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...
EURGBP to be Impacted by Brexit and Euro Strength

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...