Sterling Euro 6 year high trading at 1.29 (Tom Holian)

Sterling Euro exchange rates have hit a 6 year high trading at 1.29 as the markets price in next week's QE. it is very likely that the European Central Bank will act by printing more money in order to stop the fall in inflation on the continent. Low inflation has a big impact on growth and with the interest rate at just 0.05% it is almost impossible for the ECB to cut rates so the other alternative previously used is QE which often weakens the currency...
GBP EUR Exchange Rate: Weekly Review July 16  

Why GBPEUR is likely to drop further soon!

GBPEUR has been under lots of pressure in the last month all due to the fact that the UK economy is on the back foot and further losses for sterling are expected. The dire performance of the economy in the UK has been the main reason for GBP weakness in recent years. Just when will things improve? Well it could take a very long time and quite simply things look set to get worse! A slowing down of the economy means that the we will...
GBP AUD Opens the Week in a Well-Worn Range 

Positive Eurozone data weighs on Pound Sterling

Eurozone performing well post-Brexit German GDP figures far better than predicted Eurozone GDP data show no signs of slowdown Industrial production for June outperforms expectations The concerns that Brexit could spill into the Eurozone have once again been put to bed in its latest round of economic releases. Whilst the UK's economy has shown clear signs of struggle following the historic vote to leave the EU, the same cannot be said for the remaining party members. Whilst it may be to soon to understand the implications of Brexit on...

Which data releases could influence the GBP/EUR rate this week? (Joseph Wright)

The Pound to Euro exchange rate has so far managed to hold onto its recent gains and remain trading above the 1.14 mark. This suggests to me that market sentiment surrounding the Pound has improved as previously this was the top end of the current trend and GBP/EUR would usually struggle to hold its ground at these levels. The pair did reach 1.15 at one stage recently after news broke that the Brexit transitional deal had been arranged, much to the joys of the financial...
GBP EUR Higher After European Central Bank Rates

GBPEUR Could See Pressure After Friday Slump

The GBPEUR exchange rate slipped back below the 1.15 level on Friday to mark a fourth straight day of losses for sterling. Highs near 1.1650 were surrendered and the British pound could see further pressure this week after a second failure at these levels. The GBP v EUR is trading at 1.1475 in early trading for a slight gain 0f 0.05%. Germany has some key economic data releases this week, while the Eurozone will see its first Q1 GDP estimate. German and Euro data to guide...

Eurozone Inflation and the impact for Sterling Euro Exchange Rates (Tom Holian)

Eurozone inflation data is published on Monday morning and this could be a tipping point for Sterling vs Euro exchange rates as this will directly affect the ECB's decision to extend QE when they next meet on 10th March. There are increasing rumours that the ECB could react especially if the figures come out lower than expected. GBPEUR rates have dropped by as much as 12% since the start of December and if the ECB do something this could be the catalyst for some Euro weakness...
GBPCHF Exchange Rates Reach Highest Levels Since Mid-March

All Eyes turn toward Eurozone GDP Figures (Daniel Johnson)

Things seem to have calmed down after "Black Monday", there seems to be some form of stability in the markets. I am bold enough to say the days of 1.40 are over and I still feel Sterling is overvalued. If you are looking to purchase Euros short to Medium term I would be tempted to get something done. There seems to be a resistance level around 1.37 at present. Eurozone GDP figures are due in tomorrow and there is expected to be a rise, however...
GBPEUR Levels Back Near the Recent Highs as Investor Concerns on the Euro Heighten

GBP/EUR Breaks 1.38! Buy! Buy! Buy! (Daniel Johnson)

This morning has seen Sterling gain ground on all major currency parings. UK Retail Sales figures came in far better than expected. Last months figures came in at -0.4%. this months predicted figures were 0.3%, but we had a considerable jump to 1.9%. It may be advisable to get a trade done if you are purchasing anything but the Euro. This was followed by the ECB monetary policy statement where Draghi indicated they are willing to lengthen and increase QE. If you have a Euro...
GBP EUR Exchange Rate: Weekly Review July 16  

Better exchange rates than the bank – Pay less for more!

Many regular readers come to us for assistance with their currency transactions and we can certainly point you in the right direction, even on amounts of £5000 plus every percent you can save is still £50 in your back pocket!!! I work for a specialist currency brokerage and can save you money, all you need to do is fill in the enquiry form on the left hand side of this page and I will get in touch immediately within office hours. Generally banks offer pretty poor...
Euro Drops to Four-Month Low on Disappointing German Data as GBP Suffers From MiFID Tightening

Euro Drops to Four-Month Low on Disappointing German Data as GBP Suffers From MiFID...

Euro Falls on Poor German Economic Data GBP Breaks Down Against Euro Following MiFID Headlines The Euro dropped to its lowest level since October this morning following German industrial output for December recording its largest decline in a decade. The German economy is the powerhouse of the Eurozone, and thus any declines within it has a knock-on effect to the Euro as a whole. Meanwhile, GBP has continued to suffer after the EU vowed to revise the regulations of the MiFID. The MiFID regulations...