Pound to Euro outlook Sterling hits one month low versus euro as Brexit negotiations come to a halt

Pound to Euro outlook: Sterling hits one month low versus euro as Brexit negotiations...

The pound to euro exchange rate has fallen by around -0.45% in the last day, to 1.11 today, close to a one-month low. In part, this is because the UK’s and EU’s Brexit talks have seemingly come to a halt. However, UK Prime Minister (PM) Boris Johnson is scheduled to meet his Irish counterpart, Taoiseach (PM) Leo Varadkar in Dublin today, to try and unlock the talks. In addition, Germany’s exports fell in August, according to official statistics today, further lifting the odds that the Eurozone’s...
Pound to Euro exchange rate remains flat as the markets await the next Brexit developments

Pound to Euro exchange rate remains flat as the markets await the next Brexit...

We're now just 23 days away from the UK's scheduled departure from the European Union, should the exit actually take place that is. At the moment the currency markets appear to be adopting a wait and see approach. The pound to euro exchange rate continues to gently slide with current interbank exchange rates sitting at 1.1142. Although the 31st is the expected date for the Brexit, it could be the 19th of this month that's more important and when we could see sterling exchange...
Pound to Euro outlook Brexit Timeline, 25 days to Article 50 deadline

Pound to Euro outlook: Brexit Timeline, 25 days to Article 50 deadline

Including today, it is now just 25 days to the 31st October and the set date the UK will leave the European Union. What are the key dates and what can we expect for GBP/EUR exchange rates? Sterling finds favour from expectations of an extension The pound to euro exchange rate has improved from the interbank lows of 1.0647 on the 10th August, when no-deal looked likely. The interbank rate has climbed and is now trading at 1.1220 at the time of writing. Sterling has found...
Pound Sterling exchange rate falls to 1.12s against the Euro on latest Brexit developments could GBPEUR rates fall further?

Pound Sterling exchange rate falls to 1.12s against the Euro on latest Brexit developments,...

Sterling weakens against the Euro The pound to euro exchange rate continues to fall after the EU cancelled weekend Brexit talks. The current GBP/EUR interbank exchange rate sits at 1.1215. The EU leaders delayed the talks as they claimed that Boris Johnson's plans 'do not provide a basis' for a deal. We are now just less than two weeks before the next EU summit. As of yet, a deal is still to be agreed between the two parties. Boris Johnson appears to want a change to...
Pound to Euro Forecast - Euro rate hits 21-week high, as Brexit deal possible

Sterling Euro exchange rate remains in a tight range as the markets await the...

One week for Boris to revise his Brexit deal? According to reports in Bloomberg this morning the European Union have suggested that Prime Minister Boris Johnson has just one week to make revisions to his Brexit deal or he runs the risk of facing the prospect of the deal being postponed. Eu Chief negotiator Michel Barnier has suggested that the latest deal is still short of his expectations and with the clock ticking Boris now really has to get his skates on if he is to...
Pound to Euro Forecast - Will the EU Negotiate on Latest Proposals?

Pound to Euro Forecast: Will the EU Negotiate on Latest Proposals?

Is there a Brexit breakthrough? The pound to Euro exchange rate is on a dangerous footing after the British government put forward new proposals yesterday surrounding the controversial Irish back stop. Rates for GBP EUR currently sit just above 1.12 for the pair and there could be considerable volatility in the days ahead on the back of all the latest Brexit developments. The proposals follow a big speech by the Prime Minister at the Conservative party conference yesterday. The new proposals for a deal have the...
Pound to Euro exchange rate outlook Will GBPEUR rise or fall ahead?

Pound to Euro exchange rate outlook: Will GBP/EUR rise or fall ahead?

Pound to euro exchange rates have been rising on the loose expectations of a deal between the United Kingdom and the European Union. Pound to euro interbank rates rose to over 1.13 in yesterday's trading, only to fall back to the higher 1.11's, before staging a late recovery back towards the 1.13 mark and settling in the 1.12's. What can we expect next? Conservative Party Conference: Brexit talk causing volatility for Sterling The rest of this week will see attracted attention from the Conservative Party Conference...
Pound Sterling rate What could be expected in October for GBPEUR exchange rates?

Pound Sterling rate: What to expect this month for GBP/EUR exchange rates?

Sterling volatile going into October as key Brexit dates loom The pound to euro exchange rate has been flirting with the 1.13 levels during the last week or so but failing to make headway past the level of resistance. With now less than a month to go before the UK is due to leave the European Union, we could be in for one of the most volatile months in recent history for the currency pair. Concerns are growing that the UK could face a no-deal...
Pound to Euro rate Could next month's Brexit deadlines result in some volatility for GBPEUR rates?

Pound to Euro rate: Could next month’s Brexit deadlines result in some volatility for...

Pound to Euro: Key dates for Brexit and the potential impact The pound to euro rate currently sits at 1.1254, at the time of writing, as the pound lost some ground against the euro at the end of last week's trading. We're now just one month away from the next Brexit deadline and at the moment it's still up in the air as to what will happen. Potentially, the two key dates over the next month may be the 31st of October (the date the...
Pound to Euro forecast Sterling slides against major currencies as Brexit negotiations stall

Pound to Euro forecast: Sterling slides against major currencies as Brexit negotiations stall

Sterling falls against the euro as Brexit negotiations stall The pound to euro exchange rate has fallen below 1.1250 as political tensions in the UK over Brexit reach boiling point. Tensions are running high after the government decision to prorogue parliament was found to be unlawful. Brexit secretary Stephen Barclay is in Brussels today to meet Michel Barnier to continue discussions on the controversial Irish backstop. Media reports suggest that there is still considerable disagreement on finding a suitable solution. Rates for GBP vs EUR...