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 exchange rates: GBP/EUR falls to 2-year lows, when could rates recover?
Pound to euro exchange rates have dropped to some of the lowest levels in 2-years as Brexit uncertainty over a no-deal threatens to undermine the value of the pound. Investors are avoiding and selling off the pound as the signals point to a no-deal Brexit.
Possibility of no trade deal in place with the EU hampers Sterling
The pound has been under real pressure because of the Brexit vote, this has been epitomised by the prospects of a no-deal, which has seen sterling drop in value....
Pound to Euro rate: Will the ‘Boris Bounce’ last and what will the European...
Pound movement driven by Boris Johnson's election as Prime Minister
The pound to euro exchange rate has made slight gains. Sterling has also moved against all major currencies in the past two days in what has been coined as the 'Boris Bounce'. Realistically nothing major has changed as of yet but this has bought a little political certainty for the UK and now investors at least know who is running the country for the time being at least.
With MP's due to go on summer recess...
Pound to Euro rates stuck under 1.12 as investors wait for substantial news on...
Recession and Bank of England interest rate fears
The pound to euro exchange rate has been rangebound, operating in a fairly narrow band, as the market awaits some more concrete news regarding the latest outlook on Brexit. Brexit remains the main source of discussion for the pound although other factors have captured headlines too in recent weeks, including the prospect of the Bank of England cutting interest rates, and also whether the UK is headed for recession.
Welcome rates for Euro sellers
This is great news for...
Pound to Euro exchange rates: Will GBP/EUR rates fall again as Brexit uncertainty increases?
Pound to Euro rates struggle
GBP/EUR rates have fallen to a low of 1.1121 today, with the pound struggling to make any inroads against the EUR so far this week. In truth, GBP/EUR have remained extremely rangebound over the past couple of weeks, with no clear trend being defined following the pound's downturn last month.
With Boris Johnson now the overwhelming favourite to take up the position in number 10 when the final results are in on July 22, it will be interesting to see how...
Pound to Euro Exchange rates forecast: Will GBP/EUR rise or fall this week?
Lack of Brexit clarity keeps GBP/EUR rates volatile
The pound to euro exchange rate has been oscillating in a fairly tight range as the lack of clarity on key issues, forces the market to avoid making any big bets. Currently, the market is eagerly seeking some clarity on Brexit, to find out which way sterling will trend. The euro has been fractionally weaker in the last week, as investors await further news on possible shifts in sentiment relating to whether or not the ECB (European...
Pound to Euro forecast: All eyes on Boris
Boris in the headlines
Much of the news this weekend has centred on the row between prospective Prime Minster Boris Johnson and his girlfriend Carrie Symonds last week which blew up when police were called to the scene after neighbours recorded the argument and contacted the police. The development is topical and relevant for the for GBP vs EUR pair as some will argue it could reduce Boris Johnson's chances of becoming Prime Minster. Others state the fact that the argument shouldn't have been recorded...
Pound to Euro exchange rates: Sterling volatility as Boris Johnson and Jeremy Hunt do...
Who will be the next Conservative Leader?
We probably know the answer to this question, our Marmite politician Boris Johnson. The pound to euro exchange rates are volatile, under pressure from the uncertainty of the Tory leadership contest which is now in its final stage. His position to become PM further strengthened as Michael Gove and Sajid Javid became the latest contenders to be eliminated. Only two candidates remain with Jeremy Hunt battling to beat Boris Johnson to number 10.
Whilst Boris is clearly the favourite,...
Pound euro at three month lows after Theresa May announces resignation
Pound under pressure after Theresa May resigns
The pound to euro rate has once again endured a difficult week. GBP/EUR exchange rates are now trading at their lowest level in 3 months. The pound has struggled owing to the political uncertainty at the moment after Theresa May announced her resignation on Friday. She has given herself two weeks to leave, after which
the process of electing the next Tory leader will begin.
Two of the front runners for job are Boris Johnson and Andrea Leadsom, both of...
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...
