Pound to Euro Exchange rates forecast: Will GBP/EUR rise or fall this week?

Pound to Euro Exchange rates forecast: Will GBP/EUR rise or fall this week?

Lack of Brexit clarity keeps GBP/EUR rates volatile The pound to euro exchange rate has been oscillating in a fairly tight range as the lack of clarity on key issues, forces the market to avoid making any big bets. Currently, the market is eagerly seeking some clarity on Brexit, to find out which way sterling will trend. The euro has been fractionally weaker in the last week, as investors await further news on possible shifts in sentiment relating to whether or not the ECB (European...
Boris vs Jeremy and the impact on Pound vs the Euro

Pound to Euro forecast: All eyes on Boris

Boris in the headlines Much of the news this weekend has centred on the row between prospective Prime Minster Boris Johnson and his girlfriend Carrie Symonds last week which blew up when police were called to the scene after neighbours recorded the argument and contacted the police. The development is topical and relevant for the for GBP vs EUR pair as some will argue it could reduce Boris Johnson's chances of becoming Prime Minster. Others state the fact that the argument shouldn't have been recorded...
Pound to Euro exchange rate forecast How will GBPEUR levels perform in July?

Pound Euro forecast and the impact of the Conservative leadership election

Boris vs Jeremy: The affect on the Pound to Euro rate We have had a very busy end to the week with Boris Johnson and Jeremy Hunt now the last two candidates in the race for the Tory leadership election. Johnson won the ballot with a total of 160 votes. Meanwhile, Jeremy Hunt managed to get 75 votes in total. We are now just a month away before the next official Tory Prime Minister is announced. The expected date is July 22nd so we may see...
Pound to Euro forecast How will markets react to the next UK Prime Minister

Pound to Euro forecast: How will markets react to the next UK Prime Minister?

Conservative leadership contest down to two contenders The pound to euro exchange rate has been at the mercy of the latest news on the Conservative leadership contest, as investors and the market debate what lies ahead for the UK and for Brexit. With the race now between Boris and Hunt, we are in for a few weeks of strong campaigns on both sides which might sway sterling exchange rates. It is tempting to assume that a new leader would help the pound but with the lack...
Pound to Euro exchange rates Volatility on Tory leadership contest news

Pound to Euro exchange rates: Sterling volatility as Boris Johnson and Jeremy Hunt do...

Who will be the next Conservative Leader? We probably know the answer to this question, our Marmite politician Boris Johnson. The pound to euro exchange rates are volatile, under pressure from the uncertainty of the Tory leadership contest which is now in its final stage. His position to become PM further strengthened as Michael Gove and Sajid Javid became the latest contenders to be eliminated. Only two candidates remain with Jeremy Hunt battling to beat Boris Johnson to number 10. Whilst Boris is clearly the favourite,...
Pound vs Euro Eurozone economy under pressure as ECB indicates further monetary stimulus is required

Pound vs Euro: Eurozone economy under pressure weakening Euro rate

Pound makes slight rebound against Euro GBP has found some support against the EUR over the past 48 hours, bringing some welcome respite following its recent losses against the single currency. The pound has regained almost a cent from the lows of earlier this week, touching 1.1270 at this morning’s high. In truth, this slight upturn for GBP/EUR rates has more to do with a sell-off of EUR currency positions, rather than a sudden spike in investor confidence for the pound. ECB monetary policy causing downturn...
Pound vs Euro exchange rates: Will Boris Johnson sink the pound again?

Pound vs Euro exchange rates: Will Boris Johnson sink the pound again?

Boris Johnson has been a colourful figure in many ways, and this is also true of his in influence on sterling in the currency markets. The pound vs Euro exchange rates have never been too steady with Boris around, as was proved when he first came out in favour of Leave back in 2016. How will sterling perform in the weeks ahead with 'BoJo' looking likely to be the next UK Prime Minister? Boris' refusal to completely rule out a no-deal Brexit is a key...
Pound to Euro exchange rate prediction Has the Pound hit the bottom against the Euro?

Pound to Euro forecast: Will Boris become next British Prime Minister

Pound continues to slide against the euro The pound to euro exchange rate continues to fall lower after a poor run for the GBP to EUR pair over these last 5 weeks. Rates for GBP/EUR fell to a low of 1.1141 this morning which represents a 5 month low and which is at least presenting those looking to sell Euros with a great opportunity to convert. The pound has dropped by over 5 cents in these last 5 weeks which means the difference on a...
Pound Euro forecast and the impact of the Tory leadership election

Pound Euro forecast and the impact of the Tory leadership election

Impact of leadership election on pound vs the euro The pound has managed to stabilise against the euro over the last few days. After hitting close to a 5 month low the pound has found support recently against the euro. This could be put down to the current leadership election. At this point it appears as though Boris Johnson will win the campaign to become the next Prime Minister. He managed to win the first round convincingly and unless some news comes out which is negative...
Pound to Euro Forecast – Possible Flextension

Will Boris help the Pound vs the Euro?

Will Boris win the leadership election? This week has seen the Tories vote heavily in favour of Boris Johnson to become the next Prime Minister. Boris won the first round of voting with 114 votes which was way ahead of the second candidate. Although there are still many votes to come it is difficult at this stage to see someone take the lead. Therefore, there is a strong possibility that Boris Johnson will replace Theresa May as Prime Minister next month. The impact on the currency markets...