Pound to Euro Rate Hits Another 6-Month High as Markets Await Tonight's TV Debate

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...
Pound vs Euro exchange rate How will Mark Carneys speech affect rates this week

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 exchange rate Where next for GBPEUR exchange rates?

GBP to EUR: 1 Trillion Euro Investment Plan and Foreign Talks Upcoming for the...

As the end of this trading week comes to a close, we are taking a look at what might be in store for the euro next week. Reports are suggesting that the EU Commission is looking to unveil an investment plan to mobilise at least 1 trillion euros as part of a push towards a climate-neutral economy. Meanwhile EU foreign ministers look set to continue talks surrounding the events in the Middle East and look for solutions to de-escalate the recent unfolding’s that have...
Pound to Euro forecast 1 month high buying Euros with Pounds, what next for GBPEUR rates?

Pound to Euro Forecast: Euro Slumps as GBP Able to Recover Losses From Dovish...

Yesterday saw the GBP lose favour with the market and allow the euro to edge up against it after it was reported that Bank of England (BoE) governor Mark Carney mentioned that an interest rate cut may still be an option for the UK economy. The dovish tone worried investors who believed that Decembers election results and recent optimism surrounding the UK business growth for 2020 seemed set to boost the GBP rather than see it propose possible quantitative easing (QE) methods. However, earlier...
Pound to Euro outlook GBPEUR rate hits 1.1061 on the interbank rate, could it rise further?

GBP to EUR: UK-EU Trade Negotiation Doubts and Bank of England Stimulus Measures Anchoring...

The pound has fallen lower having made some initial small inroads against the euro this week. Rates for GBP vs EUR fell to 1.1718 yesterday after Bank of England Governor Mark Carney hinted that more stimulus from the central bank could be on the horizon. It follows comments form the EU trade team that a delay may be necessary to allow time for a trade deal between Britain and the EU. UK-EU Trade Deal Fears to Cause Volatility for Pound to Euro Exchange Rates With a...
Trade wars and Brexit to dictate pound to US dollar exchange rates

Euro Suffers Losses to the GBP and Looks to Boost Standing Against the USD...

Investors in the Euro paid attention yesterday as the UK PM Boris Johnson met with the European Commission President Ursula von der Leyen to discuss Brexit. But it appears that despite Von der Leyen’s enthusiasm about reaching a partial deal by the end of 2020, the market did little to react in favour of the Euro, leaving the EUR/GBP exchange rate trading lower as of this morning. Meanwhile, the Euro has gained on the USD after reports suggest that a recovery in the German...
GBP to EUR Strengthens as Investors Doubt If BoE Will Cut Rates

GBP to Eur Stable as Der Leyen Signals Consensus Approach to Trade Talks

The pound to euro interbank exchange rate stands at 1.1803 today at the time of writing, very close to where it’s been over the past two days. By comparison, this Monday 6th January, sterling was as low as 1.1705 versus the Eurozone’s common currency, so it’s since strengthened by almost one cent. The GBP to EUR interbank exchange rate remains supported, because yesterday, new European Commission (EC) President Ursula von der Leyen signalled a consensual approach to the UK/EU future trade talks. Speaking in London...
Euro Suffers Losses to a Strong US Dollar and a Resilient Pound Sterling

Pound to Euro Forecast: PM Boris Johnson to Meet ECB President Von Der...

Gains in the pound were hampered initially during yesterdays session as the positive economic data from the EU continued with Retail Sales rebounding from two previous falls with a 1pc gain for November. The annualised figure now sits at +2.2% for the year. This continues a run of positive news from the Single Bloc as inflation edged up to 1.3% and a string of more encouraging data has been released from Germany. This gives the European Central Bank (ECB) some breathing space in the...
Sterling vs Euro Interbank Rate Hits 39-Month High as Tories Win

Politics to Remain the Focus for Pound Euro Exchange Rates

What Is Happening at the Moment With Brexit? MPs will be coming back to Parliament today and the hot topic will be once again that of Brexit. The debate will continue on the merits of the Withdrawal Bill, which is designed to implement the deal on offer into British law. Over the course of this week the debate will rumble on. However, unlike last year the government now has a clear majority of 80. This means that the debate should go a lot smoother than those...
Boris to Meet Juncker Today

Pound to Euro Exchange Rate Outlook: Will GBPEUR Levels Go Back to 1.20?

Pound to Euro exchange rates hit the 1.20 mark following the immediate aftermath of the UK election, rising to 1.2072 on the interbank rate. This was the first time since September 2016 we had see the pound to Euro exchange rate climb this high, although owing to Brexit uncertainties and fears of no-deal we have seen the rate slipping since. Pound to Euro exchange rates dipped to 1.1494 in between Christmas Eve and Boxing day, as the closed markets for the Festive season. This was...