Canadian Outlook Questioned Despite Maintaining Cash Rate as GBP Awaits BoE Decision

Pound to Canadian Dollar forecast: Brexit end date approaches, what could happen to GBP/CAD...

Brexit continues to drive GBP/CAD rates with just 24 days until Brexit deadline The pound to Canadian dollar exchange rate is still struggling to move back to the higher levels seen in the last month with rates currently sitting at 1.639 for the GBP vs CAD pair. Brexit continues to be the big driver for GBP to CAD exchange rates with just 24 days to go until the 31st October Brexit deadline when Britain is expected to leave the European Union. It has been reported...
MiFID Crackdown Sees GBP Tumble, as Strong USD Weighs on Euro

Pound to Euro outlook: Brexit Timeline, 25 days to Article 50 deadline

Including today, it is now just 25 days to the 31st October and the set date the UK will leave the European Union. What are the key dates and what can we expect for GBP/EUR exchange rates? Sterling finds favour from expectations of an extension The pound to euro exchange rate has improved from the interbank lows of 1.0647 on the 10th August, when no-deal looked likely. The interbank rate has climbed and is now trading at 1.1220 at the time of writing. Sterling has found...
Pound to Euro Exchange Rate: EUR Slumps as Number of COVID-19 Cases in Europe Rises

Pound Sterling exchange rate falls to 1.12s against the Euro on latest Brexit developments,...

Sterling weakens against the Euro The pound to euro exchange rate continues to fall after the EU cancelled weekend Brexit talks. The current GBP/EUR interbank exchange rate sits at 1.1215. The EU leaders delayed the talks as they claimed that Boris Johnson's plans 'do not provide a basis' for a deal. We are now just less than two weeks before the next EU summit. As of yet, a deal is still to be agreed between the two parties. Boris Johnson appears to want a change to...
GBPEUR UK election: Why haven't pound to Euro exchange rates fallen?

Pound Sterling rate: What to expect this month for GBP/EUR exchange rates?

Sterling volatile going into October as key Brexit dates loom The pound to euro exchange rate has been flirting with the 1.13 levels during the last week or so but failing to make headway past the level of resistance. With now less than a month to go before the UK is due to leave the European Union, we could be in for one of the most volatile months in recent history for the currency pair. Concerns are growing that the UK could face a no-deal...
Pound to Euro rate Could next month's Brexit deadlines result in some volatility for GBPEUR rates?

Pound to Euro rate: Could next month’s Brexit deadlines result in some volatility for...

Pound to Euro: Key dates for Brexit and the potential impact The pound to euro rate currently sits at 1.1254, at the time of writing, as the pound lost some ground against the euro at the end of last week's trading. We're now just one month away from the next Brexit deadline and at the moment it's still up in the air as to what will happen. Potentially, the two key dates over the next month may be the 31st of October (the date the...
Pound to Euro forecast Sterling slides against major currencies as Brexit negotiations stall

Pound to Euro forecast: Sterling slides against major currencies as Brexit negotiations stall

Sterling falls against the euro as Brexit negotiations stall The pound to euro exchange rate has fallen below 1.1250 as political tensions in the UK over Brexit reach boiling point. Tensions are running high after the government decision to prorogue parliament was found to be unlawful. Brexit secretary Stephen Barclay is in Brussels today to meet Michel Barnier to continue discussions on the controversial Irish backstop. Media reports suggest that there is still considerable disagreement on finding a suitable solution. Rates for GBP vs EUR...
GBP to EUR Forecast: Euro Looks to Boost Fiscal Stimulus as Sterling Slides on No-Deal Brexit Fears

Pound to Euro exchange rate weakens, as Boris declares he won’t extend Article 50

The pound to euro exchange rate stands at 1.1260 today at the time of writing. This is -0.97% below sterling’s recent four-month high against the common currency, its strongest since mid-May, reached last Friday September 20th, of 1.1371. Confidence on Brexit deal knocked: How is British politics affecting GBP/EUR exchange rates In part, the pound has weakened, because the financial markets are no longer so confident that the UK and the EU will agree a Brexit deal in the foreseeable future. To explain, yesterday Parliament returned...
Pound to Euro rate Could next month's Brexit deadlines result in some volatility for GBPEUR rates?

Pound to Euro exchange rate remains north of 1.13 as all eyes turn to...

Supreme Court ruling offers support to the pound: How has the ruling affected GBP/EUR rates? The pound to euro exchange rate made some gains yesterday after the Supreme Court ruled PM Boris Johnson's prorogation of Parliament was unlawful. During yesterday's trading window the GBP/EUR rate reached a high of 1.1345 on the interbank exchange, close to a four month high for sterling. UK MP's will return to work later today after the historic ruling. They are expected to return at 11.30am and PM Johnson is...
Pound to Euro outlook Currency market eagerly awaits Supreme Court hearing, will GBPEUR rise or fall ahead?

Pound to Euro outlook: Currency market eagerly awaits Supreme Court hearing, will GBP/EUR rise...

Pound to Euro exchange rate: Sterling remains in the 1.13s against the Euro The pound to euro exchange rate reached fresh highs last week, nudging some of the best rates since May at 1.1371 on the interbank rate compared to when GBP/EUR interbank rates slumped to 1.0647 in early August. The sudden rise has provided some welcome relief for clients buying euros with pounds who had struggled when faced with the sudden decline in August, as the market prepared for a no-deal Brexit. Since...
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...