GBPEUR

The pound to euro exchange rate has seen post-Brexit pound strength fading after Prime Minister Boris Johnson pushed the country into yet another lockdown. Sterling saw little follow-through from Johnson’s EU exit deal and the country’s move into yet another government lockdown has seen the currency stumble. German unemployment figures have shown another slump in jobs for Europe’s largest economy as the virus continues to affect world economies. The numbers were balanced by a rise in retail sales for the country. The pound to euro rate...

The pound to euro rate started the new year with an almost 0.050% gain for the single currency traders return from the Christmas and New Year holidays. The pair had seen a three-day rally in the pound after Boris Johnson’s deal brought an end to the drama of Britain’s exit from the trading bloc. Johnson’s deal passed the UK Parliament and House of Lords with hours to spare and ensured that the country would avoid World Trade Organisation tariffs on goods in 2021. The pound...

The pound to euro exchange rate was higher into Thursday after Boris Johnson’s Brexit deal passed Parliament with hours to spare. The agreement moved to the House of Lords, which approved the deal late on Wednesday, just one day before Britain is set to leave the European Union. The GBP to EUR rate was trading 0.20% higher at 1.1090 after seeing support at 1.1000 yesterday. Brexit Deal Finally Moves on From UK Politics The signing of the deal ahead of the end of the transition phase today...

The pound to euro exchange rate was quiet in early trading on Wednesday as traders await the UK Parliament’s vote on Boris Johnson’s Brexit deal. Pound bulls have been disappointed by the lack of gains on the Brexit deal and this has led to some profit taking and weakness in the quiet holiday trade environment. Today’s Nationwide house price data saw prices rising to their biggest annual increase in six years. The GBP to EUR rate was trading at 1.1025 ahead of today’s vote in Parliament....

The EUR to GBP exchange rate held onto its post-Brexit trade deal gains with a move to 0.9075. The pair is seeing some profit-taking after traders were disappointed with the lack of a sterling rally following the agreement on the UK’s exit from the European Union. The deal has not been formally approved by both Parliaments and investors may be on the sidelines but the talks have been going on for weeks and all scenarios would have been accounted for. The bearish tone will have...

The pound to euro exchange rate was higher by 0.345% in early trading on Thursday as the U.K. and European finally appear to be nearing a Brexit deal. The two sides look set to unveil post-Union trade accord as negotiators worked overnight to finalize a compromise deal. Sterling and the euro were trading nervously this week as investors feared being caught on the wrong side of the see-saw headlines. The GBP to EUR rate was trading above 1.1100 as traders start to price in a deal...

The pound to euro exchange rate was higher by 0.20% on Wednesday as the British pound continues to get a boost from hopeful traders. A Brexit deal still looks like a lost cause, but investors are clinging to any positive headlines. Sterling had been under pressure early this week as fears of a second variation of the Coronavirus was said to be found in the U.K. This fear is now fading as more European countries worry that they may have imported it already. The GBP to...

Fishing is now widely seen as the one issue that could still sink a post-Brexit trade deal. Secret talks between Boris Johnson and European Commission president, Ursula von der Leyen yesterday aimed to unlock a compromise on access to British waters. This intensification of the process is a hallmark of the final stages of EU negotiations – typically referred to as “the tunnel” – and represents a crucial moment ahead of a final push for a deal. The EU’s chief negotiator, Michel Barnier said...

The pound to euro and pound to US dollar rate has had an awful start to the week, sliding from some of the better points of last week by nearly 3%. Pound to euro has tested as low as 1.0848 today and a low of 1.3187 against the US dollar. This was always going to be a really interesting week with no Brexit deal having been agreed going into the weekend, and us approaching the week before Christmas. In terms of predictions ahead for the pound...

The pound to euro exchange rate was 0.45% lower on Monday after new drama over the coronavirus saw London go into full lockdown and European countries banning U.K. travel. 00 level. A Brexit deal is still nowhere to be seen after missing a European Parliament deadline, but talks are still in progress. The economic calendar is light for the Eurozone and U.K. today so the news will dominate. France and Germany Join U.K. Travel Bans France and Germany have joined a list of countries placing a travel...