Pound to Euro Forecast: Brexit Uncertainty Continues Following PM's House of Commons Defeat

Is there justification for sterling to rally?

GBP/EUR - I am afraid I don't think there is much reason to be positive in regards to GBP/EUR exchange rates. Brexit is continuing to anchor the pound. The current situation does not bode well either. Teresa May has currently delayed a vote on her Brexit deal knowing that it would not go through in it's present form. She hopes to negotiate new terms with Brussels but has been stone walled. Jean Claude-Junker, President of the European Commission has stated there will be no...
GBP to CAD forecast: Brexit continues to be the key factor

Merry Christmas for all of our readers! Pound to Euro rates stable in the...

First and foremost a Merry Christmas to all of our regular readers and those stumbling upon the site for the first time. We hope that you have found the site useful in what has been an extremely volatile year for Pound to Euro exchange rates. Pound to Euro rates during the festive season Pound to Euro exchange rates have remained fairly stable over the Christmas break, with very little economic data out and UK Parliament on recess this is no great surprise. Generally around this time of...
Will Sterling drop below 1.10 against the Euro? What may happen in early January?

Will the Pound to Euro rate drop below 1.10? What may happen to GBP/EUR...

The Pound has remained reasonably flat against the Euro this week as we enter the festive season and I feel that this may be the situation until the end of the trading year, unless any large surprises pop up. With very little news due to come out from Brexit now that Parliament are due to take their recess period the market will be reliant on general sentiment and any surprise news that hits the media. Generally at this time of year you can find that trading...
Pound to Euro exchange rates: Could we be headed for a no deal Brexit?

Pound to Euro Forecast – Sterling Euro rates predicted to fall in early 2019

Tom Holian looks ahead at what's in store for GBP/EUR in his Pound to Euro Forecast for early 2019. The Pound has struggled to make gains vs the Euro during the course of this year as 2018 has continued to be dominated by the issue of the Brexit. With just over a week to go before the current year finishes I think the Pound will continue to struggle against the Euro for a number of reasons. The issue surrounding the Italian budget appears to have now...
Brexit news and Bank of England meeting to set the tone for the Pound to Euro rates

Brexit news and Bank of England meeting to set tone for Pound to Euro...

The Pound to Euro rate (GBP/EUR) has remained in a very tight range during the last few days as it appears as though the foreign exchange markets are adopting a wait and see approach towards Brexit. There have been little economic data announcements over the last few days and this has kept Pound to Euro exchange rates from moving by too much. However, it appears as though things are moving behind the scenes with Theresa May's Cabinet looking to create contingent plans in the event of...
Will Pound to Euro rates drop below 1.10 before Christmas?

Will Pound to Euro rates drop below 1.10 before Christmas?

In this article we look at whether Pound to Euro rates could drop below 1.10 before Christmas? The big news this week is whether Jeremy Corbyn will succeed in engineering a no-confidence vote in the Government. There is growing pressure on Mrs May to come up with the goods and deliver on Brexit, or to take the matter to parliament for them to decide. This could very easily see the pound lower as the market seeks to adjust to the likelihood of further negative...
Pound to Australian Dollar: How Will the Pound Fair Following Next Week's Brexit Vote?

GBP/EUR Forecast – Sterling remains under pressure following on-going Brexit turmoil

The pound has seen its value sharply drop against the euro, following another turbulent week for the UK economy. Political unrest and the on-going uncertainty surrounding Brexit has caused investors to once again shy away from GBP, which hit a low of 1.1027 against the single currency following last week’s vote of no confidence against UK Prime Minister Theresa May. Despite a slight recovery to the current levels (GBP/EUR rates are currently trading around 1.1125), there are no signs that the pound will recover any significant...
Pound to Euro Forecast: Theresa May stonewalled by Brussels

Pound to Euro Forecast: Theresa May stonewalled by Brussels

In today's pound to euro forecast we discussed the latest events affecting the rates, starting with Theresa May's Brexit deal which appears to stand little chance of passing through the House of Commons. The PM's hopes of gaining assistance from EU leaders to push through her Brexit deal in the House of Commons have been dashed. She now must return home to face the wrath of her Party. May's intention was to head to the EU's winter summit in Brussels to try and gain legal assurances...
Pound to Euro Forecast: How will GBP/EUR perform in January?

May heads to Brussels after surviving vote of no-confidence

A two-day EU summit in Brussels begins today, and UK Prime Minister Theresa May will be in attendance after her position as PM was questioned yesterday. The subject of Brexit will of course by on the agenda as it's May's Brexit deal with the EU that's caused her position to be questioned. The vote of no confidence was called after the required 48 letters were received by the Chair of the 1922 committee. The outcome of the vote demonstrated that 117 Tory members would like...
Pound to Euro Forecast: Brexit Uncertainty Continues Following PM's House of Commons Defeat

Pound to Euro Forecast – Theresa May wins the vote which gives the Pound...

In today's Pound to Euro forecast we look at the events of this week and the factors affecting exchange rates. Prime Minister Theresa May has managed to survive the vote of no confidence yesterday evening with a majority of 83 votes and this has helped the Pound to Euro exchange rate. The result showed 200-117 which highlights discontent in the Party but with a relatively strong majority this has given her the support, at least in the short term to lead the Party forward. She...