Pound to Euro forecast Will Sterling make further gains against the Euro next week?

Pound to Euro exchange rate forecast: Sterling rates continue to suffer from Brexit uncertainty

GBP/EUR exchange rates continue to suffer due to Brexit Uncertainty The pound to euro rate has hit a 23 month low this week. This can largely attributed to the higher probability of a no deal. The more likely a no deal is the potential outcome of Brexit the weaker you would expect sterling to become. Boris will now have difficulty passing through any changes in legislation as the Conservatives lost to the Lib Dems in the Brecon and Radnorshire by-election. Boris now only has the majority by...
Pound to Euro rate near 26-week high on low ‘No Deal’ Brexit risk

Pound to Euro rate near 26-week high on low ‘No Deal’ Brexit risk

The pound to euro interbank exchange rate stands at 1.1624 today at the time of writing. This is just 0.21% below sterling’s recent 26-week high versus the Eurozone’s common currency, its strongest since May 8th. In part, this is because, although there’s still uncertainty over Brexit and the UK’s general election, the financial markets think that there’s a very low probability of a ‘No Deal’ Brexit. Meanwhile, looking to today, the Bank of England looks set to keep UK interest rates steady at 0.75%. That said,...
Pound to Euro outlook Brexit Timeline, 25 days to Article 50 deadline

Pound to Euro forecast: DUP soften stance on Irish border making a Brexit deal...

DUP announce softening stance on Irish border: How has this affected GBP/EUR rates? The pound to euro exchange rate this week has increased and there has been further movement this morning with GBP/EUR interbank rates reaching a high of 1.11927 this morning. The movement may be because overnight the DUP appeared to have handed UK Prime Minister Boris Johnson a lifeline by stating they could take some EU rules in a bid to break the Brexit deadlock and potentially remove the Irish backstop. In addition,...
Pound to US Dollar exchange rate supported after Gridlock in UK Parliament

Brexit Negotiations: The Key Players

Political leaders, maverick Leave campaigners and those involved in Brexit negotiations, who have been entrusted to steer the good ship Brexit through stormy waters: our departure from the EU is as much about the individuals who are shaping Britain’s future as the issues that got us here in the first place. So, who are key players in the Brexit saga? Those people who have been responsible for the entire timeline so far – from the announcement of the referendum and the commencement of the campaign...
Pound to Euro exchange rate remains flat as the markets await the next Brexit developments

Pound to Euro exchange rate remains flat as the markets await the next Brexit...

We're now just 23 days away from the UK's scheduled departure from the European Union, should the exit actually take place that is. At the moment the currency markets appear to be adopting a wait and see approach. The pound to euro exchange rate continues to gently slide with current interbank exchange rates sitting at 1.1142. Although the 31st is the expected date for the Brexit, it could be the 19th of this month that's more important and when we could see sterling exchange...
Pound to Euro forecast How could the latest Brexit extension affect Sterling exchange rates?

Pound to Euro forecast: Sterling sell-off continues as chances of a no-deal Brexit remain...

The pound to euro exchange rate is trading around a 2-year low at the time of writing after dropping into the 1.06's earlier this week. At the time of writing the pair sit at 1.0780 on the interbank exchange which is flat on the day, and it will be interesting moving forward to see whether the pair fall as low as the lows of 2009 when they almost hit parity. Reuters publish probability of no deal Brexit: Sterling continues to show weakness against other major...
Pound to Euro Exchange Rate near 31-Month High, as Tory Majority Remains Likely

Pound to Euro exchange rate: Could Sterling make further gains against the Euro next...

The pound to euro exchange rate stands at 1.1629 today, just 0.17% below its recent 26-week interbank rate high, reached on October 21st, of 1.1649. In part, this is because markets think that there’s a low chance of a ‘No Deal’ Brexit. This is because all the UK’s main political parties, except for Nigel Farage’s Brexit Party, are campaigning on the basis of the UK exiting Europe with an agreement. Shifting polls: GBP to EUR rate might be affected by UK election campaign shifting polls Next...
Pound to Euro exchange rate GBPEUR rate hits best level since early June

Pound to Euro exchange rate: GBP/EUR rate hits best level since early June

Pound to Euro rate hits 3 month high The pound to euro exchange rate has continued to strengthen hitting the best rate to buy euros with pounds since the start of June. Boris Johnson met with EU President Jean-Claude Juncker yesterday in Luxembourg and this saw the pound to euro rate hit 1.13. Johnson confirmed that talks between the UK and the European Union will now increase. He also claimed that he is committed to keep the Brexit deadline for the 31st October. According to...
Pound to Euro exchange rate GBPEUR rate hits best level since early June

Brexit timeline – Key Brexit dates and events

Updated: 7th March 2019 Join us as we take a journey along the Brexit timeline, highlighting the key Brexit dates and events that have impacted the pound the most. Cast your mind back to July 2015 – these were halcyon days for the pound, which hit a seven and a half year high (€1.44) against the single currency. Holidaymakers and overseas property buyers were left rubbing their hands together, blissfully unaware that the Brexit vote was less than a year away. Back then our departure from...
Pound to Euro outlook How will the Brexit and election shape GBPEUR rates?

Pound to Euro outlook: Sterling hits one month low versus euro as Brexit negotiations...

The pound to euro exchange rate has fallen by around -0.45% in the last day, to 1.11 today, close to a one-month low. In part, this is because the UK’s and EU’s Brexit talks have seemingly come to a halt. However, UK Prime Minister (PM) Boris Johnson is scheduled to meet his Irish counterpart, Taoiseach (PM) Leo Varadkar in Dublin today, to try and unlock the talks. In addition, Germany’s exports fell in August, according to official statistics today, further lifting the odds that the Eurozone’s...