GBP/EUR exchange rates remain in a tight range, Sterling just about winning the week so far

GBPEUR Exchange Rate Update (Tom Holian)

During both May and June Sterling vs Euro exchange rates have remained range bound between approx 1.15-1.18 as the markets wait to see what new Governor of the Bank of England Mark Carney may do with interest rates and QE at this Thursday's Bank of England meeting. As a character he is in favour of keeping interest rates low as shown by his tenure in Canada previously. However, all eyes will be on whether there may be any plans to print more money in...
Pound to Euro Exchange Rate: Sterling Sinks Against the Euro Despite German ZEW Survey Hitting Record Lows

Pound Euro exchange rates remain flat – All awaiting interest rate decisions on Thursday

Sterling has remained reasonably flat against the Euro in trading this week as we await the key interest rate decision meetings for this month on Thursday. The U.K is first and we will see just how new Governor of the Bank of England Mark Carney plans to take the reins going forward. Personally I feel that he will get his feet under the table before doing anything rash so you may see QE avoided for the U.k this time around leading to a little Sterling strength. It...
ECB interest rates and Brexit update

How to Achieve the Best Sterling Exchange Rates (Matthew Vassallo)

With all eyes on Mark Carney's appointment as new Bank of England governor, it will be interesting to see what his poicies are and the market recation to these. In truth he is inheriting an economy much improved to the one we saw at the turn of the year and the Pound has started to regain investor confidence over the past couple of months. However, despite some bullish statements our economy remains fragile and we continue to fight against high unemployment and inconsistent...

What data is likley to affect GBP/EUR exchange rates for the rest of the...

Being the first trading day of the month there is plenty of data available that could cause significant shift in GBP/EUR exchange rates this week. Of particular note will be the first Bank of England Monetary Policy meeting to be Chaired by the new Governor Mark Carney. For me it is unlikely any change will come from the meeting but I for one feel further quantitative easing from the Bank of England is just around the corner and it will be ceratinly very interesting to...
Pound Sterling Forecast – Will the Pound Weaken Ahead?

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...
Pound Sterling Forecast – Will the Pound Weaken Ahead?

Best exchange rates for GBP/EUR. Now could be a good time before the next...

The pound has been on a steady decline against the Euro over the last 2-3 weeks. The main reason for the pounds losses seems to be the uncertainty surrounding the New Governor of the Bank of England Mark Carney. No one can really determin what his stance will be to get the UK economy moving but many feel that he will want to continue on from the work that Mervyn King started in keeping a weak pound to entice overseas investment. There are numerous...

Euro posts gains to end the week. Getting the best deal on your foreign...

Sterling exchange rates have had a poor ending to the week losing over 1% since Thursday morning and halting the pounds recent run past 1.18. This keeps the trend of the last 8 weeks in which the GBP/EUR rates have remained range bound between 1.1650 and 1.18. This is a trend I personally believe will continue for the foreseeable future unless Mark Carney (new Governor of the Bank of England) looks to extend QE next week as he takes over the reigns at the...
Pound exchange rates up following positive Brexit news

GBP EUR Forecast – Best Rates of Exchange

On the back of positive manufacturing and house price data of late, we have seen Sterling strengthen to the 1.18 region. It is the fist time for some weeks that Sterling has spiked and has been a welcome window for Euro buyers. Looking forward, the only thing on the horizon that could potentially affect the GBP EUR pairing is the Bank of England's incoming Governor Mark Carney. Should Carney look to weaken sterling to increase international import / export business, we may see trading back...
GBPEUR Levels Back Near the Recent Highs as Investor Concerns on the Euro Heighten

The best pound to euro exchange rates!

When looking to exchange pounds into euros it can be difficult to find the best way. Luckily we offer a service that is quick, easy and saves you money. Using our service you can transfer amounts of a few thousand upwards from bank to bank effortlessly. The current outlook on GBPEUR is extremely uncertain with many predicting the new Governor of the Bank of England will look at further quantitative easing which will weaken the pound. To use our service all you need to do is...
Euro Suffers Losses to a Strong US Dollar and a Resilient Pound Sterling

The pound has found support, surely rates will only go higher now?

The better than expected economic data this month has really helped sterling to get a lift. The prospects for the pound to make further gains against the euro look quite high although it will take some knocked confidence for the strong euro. This week there is not a huge amount to get excited about and this may be the perfect opportunity for sellers to enter the market. If you are holding euros and need to sell for GBP, moving sooner really is looking like a...