Market volatility set to continue (Mike Vaughan)

With the Scottish referendum dominating the currency market the volatility is set to continue as we head towards the vote on the 18th September. For me I still believe the vote is likely to be a 'no' however with the vote set to be incredibly close is it worth removing the uncertainty? For anyone buying Euros I would certainly suggest yes. With the year trade averages sitting around the 1.20 mark, 1.25 should still be viewed as a good buy opportunity. Should the vote...

GBPEUR rates rally once more – GBPEUR 1.20 – STEVE EAKINS

GBP GDP figures this morning came out as expected with a positive gain of 0.8%, this created some further sterling strength as rates once more attached the allusive 1.20 barrier.  It was GBPAUD and GBPUSD rates however that saw the biggest gains as Sterling became a buy for many as a safe haven against risk globally. I personally think it is very unlikely that we will see rates climb much further from this current high and think we will see rates drop once more...
GBPEUR Levels Back Near the Recent Highs as Investor Concerns on the Euro Heighten

Pound to Euro exchange rates climb slightly higher (Joshua Privett)

Today was a fairly muted day on the currency markets for Pound to Euro exchange rates after what has been a very busy week so far! Sterling has experienced a rollercoaster recently, with a number of forces affecting GBP rates. The major story currently in play with currency markets are following closely has been the current debate in Parliament over the enactment of Article 50 and the beginning of the Brexit negotiation process. To pass the 'Brexit bill' the Government effectively had to make a few...
Pound to Euro Rate: GBP Falls on Virus Fears and Manufacturing Data as EUR Rallies

What can we expect next for GBPEUR?

The GBPEUR exchange rate has been sliding ever since the UK election result and quite frankly there has been very little on offer to help any Euro buyers, the only news to help was the prospect of the UK raising interest rates. This has now been firmly quashed by the Bank of England and the only thing really for Euro buyers to look forward to is something unexpected. If you need to buy Euros with pounds I think you need to be carefully analysing...

Pound Euro Rates Clim Higher ahead of UM Inflation Hearings

Sterling exchange rates remain on the back foot as British uncertainties continue to drag the pound lower. The pound is making some headway this morning ahead of the UK inflation report hearings which could result in additional market movement for the pound. GBP EUR has picked up marginally after a terrible start to the week with rates for this pair sitting at 1.1088. Clients selling Euros are seeing an excellent opportunity to sell at this point and would be wise to consider loving sooner...
GBP EUR Exchange Rate: Weekly Review July 16  

Come on the pound!

It is really getting quite annoying now just seeing the pound lose value week after week. I mean don't get me wrong, we know why it is happening, but it just seems to have a real dampener on the general mood in the UK! Of course this is great news for anyone holding Euros (or another currency) and looking to buy sterling. But with the UK being a net importer (we buy more from overseas than we sell) a weaker pound has a net...
GBP EUR Exchange Rate: Weekly Review July 16  

Mario Draghi to influence pound vs euro exchange rates

Tomorrow afternoon the European Central Bank will release their latest interest rate decision alongside the Presidents speech. No change in interest rates is expected therefore rates should remain at 0%, however it's the statement by Mario Draghi that could have a major impact on pound v euro exchange rates. Many economist believe there is a chance that the President could elaborate on when the ECB will taper the quantitative easing (QE) program. QE is essentially when a central bank pumps money into the economy in...

Sterling Euro exchange rate remains in range following a flurry of economic data this...

The Pound Euro exchange rate has remained in the 1.35-6 range over the course of what had the potential to be an extremely volatile morning with European growth figures, Trade balance for the U.K and an inflation report also released by the U.K in the past few hours. Trade balance cane out a little better than expected for the U.K and European growth figures came out exactly as had been predicted, leading to a fairly quiet morning in terms of market movement. Tomorrow heads now turn...
GBPEUR Levels Back Near the Recent Highs as Investor Concerns on the Euro Heighten

How could a busy week for Sterling affect GBP/EUR rates? (Alistair Ryan)

Sterling gained some ground back over the euro yesterday, up at 0.3% against the single currency with a high of 1.2326. This could be a very busy week for Sterling with a large amount of key data releases over the coming days. Today will see the release of inflation data from the UK and tomorrow the Bank of England (BoE) will release their policy meeting minutes. If inflation data comes out better than expected and we see some positivity come from the BoE minutes...

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...