Pound Euro prediction what will happen to GBP – EUR? Will the Pound fall...

With the U.K recording the wettest April, June and April - June on record many of my U.K based clients have not had a lot to celebrate. The good news for those in the process of looking to buy overseas, carrying out building work overseas or should your company import from Europe then at last after a couple of years of doom and gloom there has been some movement back in the right direction. The big question on the lips of everybody is generally 'will it...
GBP EUR Looks to Employment Figures for Support

A Key Week For Sterling Euro Rates Looms With The Bank Of England Minutes...

The short term future of sterling euro rates could be seriously affected by the Bank of England Minutes next week as it will give a much greater insight into what the Bank of England's policy is likely to be in the months to come, and as such, which direction the pound will go. Recently sterling was able to gain the upper hand despite more Quantitative Easing by the BofE, as the European Central Bank cut interest rates in Europe sending the Euro downwards.  The cut...

Pound strength against Euro as U.K data is better than expected and Spain gets...

The pound made great gains against the Euro but took losses  against most other currencies following UK data released yesterday. Both  Industrial and manufacturing production figures came in better than expected  although it probably had more to do with the longer month, with the end of May  bank holiday rolling into June for the Queens Jubilee. The flip side is that the  figures for June (to be released next month) are likely to be worse than usual  (having lost two working days in June)...
Pound to Euro Drops as Virus Drama Returns to London

Sterling Euro Exchange Rates Awaiting Key Interest Rate Decisions on Thursday

The Pound - Euro rate of exchange has been fairly stable over the past few weeks even with all that is going on throughout Europe and indeed within the U.K banking system. I feel that the exchange rate is eagerly awaiting the outcome of Thursday where we will see the interest rate decisions from the Bank of England and indeed the European Central Bank. There is a small chance of an interest rate cut for both however personally I feel it is doubtful we will see any...
GBP EUR Drops After GDP Misses BoE’s 5% Target

Sterling Euro Exchange rates stay flat – What will happen to the Pound Euro...

This week has been extremely flat for Sterling Euro exchange rates even though we have had quite a bit going on. We have had a bailout request from Cyprus, Public Sector Net Borrowing figures for the U.K were poor, mortgage approvals fell to a 13 month low for May and we have a European summit in action today which could throw absolutely anything into the mix. Rates have been range bound between 1.2450 and 1.2540 which has not really awoken much for us to talk...
GBPEUR Levels Back Near the Recent Highs as Investor Concerns on the Euro Heighten

Cyprus next to request a bailout – Euro weakens as we see more smoke...

Euro exchange rates took a have taken a nosedive in the past 24 hours as it emerged that Cyprus had indeed requested a bailout adding to the woes of the European Central Bank. This indeed will not dent the European economy too badle as Cyprus is a much smaller problems than should we see a similar problem for Spain however it does just add to the problems for the ECB and makes the grey cloud hanging over the head of the Euro that little bit...

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...

Euro Strength Subsides as UK Unemployment Falla

Wednseday has witnessed a volatile day in the markets for the GBP/EUR currency pair. We have seen the euro fight back against sterling since the start of the week, as the results of Sunday's Greek elections gave the single currency a timely boost. It wasn't long ago that analysts were asking when, not if GBP would hit 1.30 against the euro and those same analysts are now wondering whether we will even see sterling break back through 1.25, based on current market conditions. This week...
GBPEUR Levels Back Near the Recent Highs as Investor Concerns on the Euro Heighten

Pound Euro Exchange Rate Forecast Greek Election still key – Bank of England Minutes...

The pound took losses against all the major currencies on Monday morning following news that the pro Euro New Democracy party won the Greek election. The news should be an important boost for the Euro and should help strengthen the currency going forward. However, since there was no outright majority it does mean that there will be continued volatility whilst the leader of the winning party seeks to form a coalition government. Antonis Samara has two more days to form a coalition. This was all...
GBP EUR Drops After GDP Misses BoE’s 5% Target

Buying property in Europe? You may find it is much cheaper than you think...

A year ago your property would have cost you 10% more with the exchange rate and at least 10% more due to the tremendous value we now see in Spain and Portugal. Property prices overseas are now heavily discounted and the GBP-EUR rate is 11% higher now than this time last year…… If you have been holding off then now may be a great time to take the plunge as you are saving both on property prices in Euros and of course the currency conversion. The...