Pound to Euro Drops as Virus Drama Returns to London

Could the Pound fall further against the Euro and the impact of Article 50...

The rates for buying Sterling with Euros has seen the best exchange rate in almost 4 years during the course of this week as rumours increase that the UK could be getting itself ready to trigger Article 5 by early 2017. Foreign Minister Boris Johnson has said whilst on a trip that the UK will begin formal Brexit talks by 'early next year'. This caused the Pound to plummet vs the single currency during Friday's trading session providing some excellent opportunities to sell Euros to...

The GBP/EUR ‘post’ gets knocked a little further into the ground! (Jonathan Worrall)

Today we have seen the GBP/EUR rate 'post' knocked further into the ground metaphorically speaking, with the rate dropping into the 1.26s. This the lowest level we have seen for 16 months, and comes at the time of great uncertainty regarding the UK's future. Having secured a new reform deal for the UK and its position within the European Union (EU), the UK population will now face a referendum on the 23rd June to decide whether or not they wish to remain part of the...
GBP EUR Drops After GDP Misses BoE’s 5% Target

Buying Euro rates recover slightly to begin the day (Joshua Privett)

Buying Euro rates of exchange took a tumble yesterday as markets begin to realign ahead of the end of month period. Sterling has suffered extensively and regularly during the tirade of protective selling by high street traders who wish to protect their positions by selling off visibly less stable currencies such as the Pound. This is normally done at the end of the month and each week but for separate reasons. On a weekly basis traders have to protect their profits for the brief period when...

GBP/EUR Trend Remains Negative (Matthew Vassallo)

GBP/EUR rates remain on a negative trend as the fallout from the recent UK Brexit continues. The Pound has found life extremely tough going since the referendum result, with GBP/EUR rates falling to 1.1557 at yesterday’s low. Whilst this is some of the lowest levels we’ve seen in the past three years, my concern is that we have not yet seen the Pound bottom out. Clients should be looking to protect themselves in the current market, in order to ensure they do not cost themselves...
GBP EUR Exchange Rate: Weekly Review July 16  

Will the Euro weaken further?

The pound euro rate has risen to fresh highs as investors brace themselves for the possibility of a Greek exit. All in all it looks like Greece will either need to leave the Euro or there will be some serious changes in what both sides are playing for. If you need to buy or sell Euros in the coming week with the pound I would not be holding on for massive further improvements to buy Euros as it does look more and likely a...
GBPEUR Levels Back Near the Recent Highs as Investor Concerns on the Euro Heighten

The best pound to euro exchange rates!

When looking to exchange pounds into euros it can be difficult to find the best way. Luckily we offer a service that is quick, easy and saves you money. Using our service you can transfer amounts of a few thousand upwards from bank to bank effortlessly. The current outlook on GBPEUR is extremely uncertain with many predicting the new Governor of the Bank of England will look at further quantitative easing which will weaken the pound. To use our service all you need to do is...

GBP/EUR Drops! Is Sterling Sliding? Andrew Bromley

We have seen today the GBP/EUR pair drop to below 1.17 for the first time since mid March. Are we seeing renewed Euro strength as the markets have stopped reacting to Cypriot bailouts? Could now be the time to buy Euros to avoid trading back at the 1.14 level! After a poor data released this morning for the Goods Trade Balance, Sterling has reigned back against the Euro, as the UK balance was reported as more of a trade deficit than expected. The actual figure was...

Pound Euro hits three year high against Euro – Will this rate of exchange...

Sterling hit the three month high against the Euro in trading yesterday, giving those looking to purchase a property overseas a great buying opportunity to purchase Euros with Sterling. Inflation remained at -0.1% year on year for the U.K and there were no nasty surprises to come from the inflation report. With a lot of uncertainty surrounding the Euro both in terms of the economy and on a political basis the Euro has had a tough time of late but I personally feel that most of...

GBPEUR – EURGBP – Trading currency – Buying Sterling

Exchange rates have remained violate giving a well-timed trader health profits and those who don’t give the market respect a painful bill they may not even be aware of. Generally the central level has swung by nearly 2 cents currently sits close to 1.26. banks and retail providers will be several cents away from this with the worst around 1.20. Here we get significantly better than that hence where clients see the saving in our service. On top of that we have access to...
GBP EUR Exchange Rate: Weekly Review July 16  

Will Article 50 be able to go ahead and the impact on Sterling Euro...

The high court will soon begin the process to consider whether or not UK ministers can invoke Article 50 without MPs agreeing in parliament. Since the announcement by Theresa May that Article 50 is likely to begin in March 2017 this has caused a huge loss in the value of Sterling exchange rates not only against the Euro but we are now at the lowest level against the US Dollar in 3 decades. The bad news for the British economy is that we import so...