GBPEUR Backs off from 1.1750 Ahead of BoE Rates

Pound to Euro Outlook: Are GBP/EUR exchange rates likely to fall further?

Boris Johnson and his cabinet preparing for no deal Brexit The sensitivity of GBP/EUR levels to the latest news in the currency market was highlighted again today, with the news over the weekend that Boris Johnson appears ever ready for no-deal Brexit, adding to an increasingly uncertain mood for the pound. No amount of positive rhetoric from the new British PM appears to be calming investors nerves over the damage no-deal will do to the economy ahead. After rebounding against most currencies last week, the pound...
GBP EUR Exchange Rate: Weekly Review December 4th

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...

GBP EUR At 1.26 – Highest Exchange Rate Since September 2012! (Colm Gilhooly)

Despite weaker than expected Services PMI for the UK the pound has rocketed against the under fire Euro after Mario Draghi admitted more action was possible to stimulate the flagging Eurozone economies.  Whilst they didn't change interest rates like they did last month, the suggestion of further measures saw the Euro fall as sterling reached a new high against the single currency. It is a great buying opportunity so if you are looking at buying property in France or Spain then I would look to do...
GBP EUR Lower After ECB Monetary Policy Minutes

Sterling continues to slide against the Euro: Will the Pound fall below 1.10?

The pound to euro rate is now on a 10 week losing streak as the markets await the result of the Conservative party leadership contest and the next movements once the UK has a new Prime Minister in place. No Deal Brexit: Is it a likely to happen? With the chance of a 'no deal' Brexit seemingly increasing over the past few weeks the pound really has started to struggle against all major currencies, most notably hitting a 27 month low against the dollar and closing...

I Need To Sell Euros – Should I Do It Now Or Wait?

If you are one of the hundreds of thousands of people asking themselves the question "Should I sell my Euros now?" then this blog is the place for you.  At the minute Europe is in turmoil, banks are having their credit ratings cut, and we have preliminary meetings of European leaders today as a precursor to next weeks "summit to save the Euro".  As such you could be forgiven for thinking maybe it would be best to get rid of your Euros as soon as possible, however...
GBPEUR Levels Back Near the Recent Highs as Investor Concerns on the Euro Heighten

Spanish banking problems – Much more could really put Spain on the ropes GBP...

Despite us seeing a little positive news from the Greek election polls over the weekend Spain is still a major talking point surrounding the Euro. Spanish bonds are creeping ever closer to the 7% level which is notorious for being roughly where countries have ended up requesting a bailout. The Spanish Prime Minister also said yesterday "We are not going to let any region of finanicial entity fail, because otherwise the country would fall." Lets be honest this does not sound particuarly promising and one...
Pound to Euro Rate: GBP Falls on Virus Fears and Manufacturing Data as EUR Rallies

Pound and Euro Strategies for September, what rates will we see in September on...

If you know you need to make a currency exchange in the future it is a good idea to do some forward planning to limit your exposure. An awareness of some of the key issues concerning the currency is wise, plus an exploration of the mechanics of any transfer. Getting the best rate can be achieved through careful monitoring of the rate plus the service of a currency broker. The pound to euro exchange had slowly been moving back towards the 1.15's following a couple...
Pound to Dollar Rate Pares Losses

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...

GBP/EUR in the 1.39’s (Daniel Johnson)

GBP/EUR currently sits in the 1.39's. Time is sure to be running out for Euro buyers. There is a strong possibility of a hung parliament. During the last General election in 2010 there was a hung parliament. It cause a significant drop in GBP/EUR dropping from the high 1.17s down to the low 1.14s. I think procrastination could cost you if you are a Euro buyer hanging on for that extra buck, or Euro in this case. Euro sellers however be poised to move if...
GBP EUR Higher Ahead of PMI Business Activity

Boris vs Jeremy and the impact on Pound vs the Euro

Boris Johnson vs Jeremy Hunt: What was their stance on Brexit? The euro is now trading close to its best level to buy pounds since the start of the year. The pound is facing huge pressure against a number of different currencies owing to the effect of the Brexit uncertainty as well as the Tory leadership challenge. Last night the two leadership candidates went head to head in a live televised debate. Jeremy Hunt accused Boris of 'peddling optimism' and claimed that the only important issue...