Pound Remains Strong Against the Euro as Eurozone Debt Builds

Pound to Euro outlook: How could Brexit shape GBP/EUR exchange rates?

Boris Johnson's Government suffers first defeat in Brexit vote: What could this mean for GBP/EUR exchange rates? Brexit is taking new twists and turns, as the market learns of fresh developments in parliament, as the various factions seek to establish some kind of order and direction. The British parliament reconvened after the summer recess with increasing expectations that following Boris Johnson's proroguing of parliament, this week would be the one-off opportunity ahead to block no-deal. Overnight, John Bercow has allowed the debate on a ruling, which...
GBPEUR Rates: UK Remains in Lockdown and the Impact on Pound to Euro Exchange Rates

Pound to Australian Dollar forecast: GBP/AUD volatility expected as UK Parliament looks set to...

Pound to Australian Dollar movement expected as Parliament is set to resume on September 3rd The pound to Australian dollar exchange rate is holding on to its recent gains with rates for GBP vs AUD sitting at 1.8140. After the hot UK bank holiday weekend, the markets will now focus on all the latest Brexit developments this week with political fireworks expected as we approach the 31st October Brexit deadline. High volatility is to be expected for GBP to AUD exchange rates as parliament will...
Pound to Euro exchange rate forecast Will GBPEUR levels remain above 1.10?

Pound to Euro exchange rate forecast: Will GBP/EUR levels remain above 1.10?

Brexit Pound to Euro rate hit hits 3 1/2 week high Euro buyers were dealt some good news today with the pound regaining ground against the euro on optimism that German Chancellor Angela Merkel would offer come more onside with the UK and to offer some form of compromise. The pound to Euro exchange rate touched a 3 1/2 week high as investors were given confidence by the comments that Angela Merkel would seek a solution to the Irish backstop issue and seek a deal...
Pound to Euro outlook GBPEUR rate hits 1.1061 on the interbank rate, could it rise further?

Pound to Euro outlook: GBP/EUR rate hits 1.1061 on the interbank rate, could it...

Promising news of a Brexit compromise boosts GBP/EUR rate The pound to euro exchange rate has jumped to 1.1061 on the interbank exchange today, representing the best time to buy euros with pounds since July 29th. The improvement is following news that German Chancellor Angela Merkel will consider a change in the current stance from the EU towards the UK. Expectations that perhaps the Irish backstop issue could be resolved have helped the pound to shake off some of the no-deal blues which had seen...
Pound Sterling Rates Rally on Month End Flows

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 Under Brexit Spotlight

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...
GBPEUR Forecast: Euro Remains Challenged as so Called ‘Coronabonds’ Still a Cause for Concern

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....
Euro Could Sink Against Us Dollar as ECB Tipped for an Interest Rate Cut

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...
Where Will Pound Sterling Exchange Rates Head This Week?

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...
GBPEUR Exchange Rate Forecast: Pound-Euro Rates Remain at Higher Ranges but for How Long?

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...