GBPEUR Cautious Ahead of BoE, Scottish Election

Pound Sterling Forecast: Will the Bank of England Cut Interest Rates and What Could...

The pound vs euro exchange rate has remained in a fairly tight range during the course of last week. Now at the end of the first full week of the year it is likely that the markets will once again focus on what is happening in the economy. What could impact Pound Sterling Exchange Rates? We begin next week with the release of a number of different data sets due out on Monday morning. Monday brings with it the latest Industrial and Manufacturing Production data as...
Pound to Euro Drops as Virus Drama Returns to London

Pound to Euro exchange rate: Where next for GBP/EUR exchange rates?

The pound to euro exchange rate staged what might be seen as a remarkable recovery last week, rising close to 3 cents between the highs and the lows on the interbank exchange, from lows of 1.07 to nearly 1.10 on Friday. The 2.5% increase on the interbank rate presented some highly valued improvements for euro buyers, looking for respite following a tough few weeks for the pound against the euro. Pound to Euro exchange rate as Brexit uncertainty continues This week, it will be interesting to...
GBPEUR Lower After IFO Business Report

Sterling Euro Forecast: Brexit Talks and Upcoming GBP Economic Data to Influence GBP/EUR Exchange...

In this piece we look we look at what has happened in the mega-saga of the Brexit deal this week, and what to look out for in the coming week. The UK met with the President of the EU Commission earlier in the week to set their Brexit talks underway. Both parties appeared positive about the talks and looked keen to get to work and resolve a trade deal. Both currencies did little to shift despite the positive beginning to the talks and encouragement...
GBP EUR Higher Ahead of PMI Business Activity

GBP to EUR Rate: Sterling Continues to Struggle Against the Euro Ahead of Brexit...

The sterling vs euro interbank exchange rate stands at 1.1765 today. This is close to yesterday’s 1.1763, although 2.59% below the pound’s recent 39-month high against the Eurozone’s common currency, its strongest since September 3rd 2016, reached last Friday 13th, at 1.2076. One reason why the GBP to EUR interbank rate is nearly unchanged, is because markets are awaiting more information about Prime Minister (PM) Boris Johnson’s Brexit strategy. Earlier this week, PM Johnson announced that he’d amend the Brexit Withdrawal Agreement Bill to prohibit the...
GBP EUR Exchange Rate: The Week Ahead October 10th

Pound to Euro forecast: Will Sterling make further gains against the Euro next week?

The pound to euro exchange rate stands at 1.1473 at the time of writing, having been as low as 1.1090 on Friday. This is sterling’s highest versus the common currency in nearly 4 months. This is because UK Prime Minister Boris Johnson and Irish Taoiseach Leo Varadkar had a surprisingly fruitful Brexit discussions on Thursday. This prompted EU Chief Brexit Negotiator, Michel Barnier, to recommend that negotiations enter the final “tunnel” phase, ahead of next Thursday 17th’s EU summit. Next week, on Tuesday UK labour...
GBPEUR Levels Back Near the Recent Highs as Investor Concerns on the Euro Heighten

Pound to Euro Forecast: Trade a Key Focus for the Euro as Hopes the...

For the euro, the economy is the biggest focus going into the new year. Economists have suggested that the Eurozone economy and particularly the German economy has begun to bottom out and are slowly starting to rise. Even with poor PMI data, the sentiment remains positive as a push for stronger business morale is noted as a key indicator going forward and may hold the key to a stabilisation in the largest economy in Europe as we go into 2020. Business Sentiment Figures for Germany...
Pound to Dollar Rate Slides to Eight-month Low

Pound to Euro outlook: Currency market eagerly awaits Supreme Court hearing, will GBP/EUR rise...

Pound to Euro exchange rate: Sterling remains in the 1.13s against the Euro The pound to euro exchange rate reached fresh highs last week, nudging some of the best rates since May at 1.1371 on the interbank rate compared to when GBP/EUR interbank rates slumped to 1.0647 in early August. The sudden rise has provided some welcome relief for clients buying euros with pounds who had struggled when faced with the sudden decline in August, as the market prepared for a no-deal Brexit. Since...
GBP EUR Exchange Rate: The Week Ahead October 10th

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...
Pound to Euro Rate: GBP Falls on Virus Fears and Manufacturing Data as EUR Rallies

Save money when sending Euros to France (Tom Holian)

If you're sending Euros to France it is important to ensure you are getting a better exchange rate than by using your high street bank. There are clearly alternatives such as the post office but if you really want to make a saving then it's worth using an experienced currency broker to save you money on exchange rates. The saving could be as much as 4% compared to using a bank to buy Euros and send them to France so if you want to get...
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...