Euro Sterling – Best Rates of Exchange!

This week the main movement between the GBP-EUR currency pair has been in favour of the Euro. This is due to Sterling Weakness on the back of a rise in UK Inflation (CPI) -see below -. The Bank of England minutes released this morning held no surprises, as the split between MPC (Monetary Policy Committee) members remained 6:3 against. The UK CPI (Consumer Price Index) increased to 2.7% in May, an increase of 0.3% from 2.4% in April. The ONS (Office of National Statistics) said...
Pound to Euro: When Will Sterling Fall?

Timing for the Best Exchange Rates!

This week holds some key Data the could affect GBP-EUR. Most importantly are the Bank of England Minutes on Thursday, an indication of the Bank of England's thoughts regarding further Quantitative Easing. Should you be looking to buy Euros I would be tempted to consider your position pre Thursday. Should the vote ratio be more in favour of further Quantitative Easing that the current split (6:3 against), then there is a very real threat of Sterling Weakness.   We are currently trading 1.1775 within a Cent of the...

GBPEUR dips but remains well supported

Sterling has been winning the war this week but still looks vulnerable to further shocks. These could be witnessed as early as next week with the Bank of England Minutes. Briefly we were treated to rates over 1.18 on Wednesday as the positive news regarding Employment helped the pound to make gains on the euro. Further deteriorations this week in the employment situation in Greece and the news that their state television broadcaster has been closed were further signs of events spiralling out of control....
Pound to Euro Forecast: Does Sterling Have Further to Fall Ahead?

Best Rates of Exchange GBP – EUR

We came close today (1.1797) to yesterdays high of 1.1808. The ECB (Eurozone Central Bank)  released its monthly report, and decidied to keep the key interest rates unchanged. The expectation is that price pressures will remain subdued, but that the risks for price stability outlook are broadly balanced. To you and I the ECB are trying to convince the markets that the Single Currency is a safe bet, even with the bubbling couldrons of Austerity Debt accross the nations. ECB inflation expectations medium term meanwhile are “anchored in line with...
Pound exchange rates up following positive Brexit news

How to get the best exchange rates on GBP/EUR? (Matthew Vassallo)

UK Unemployment Figures Fall The UK economy was given a further boost today following the release of the latest unemployment figures. Although unemployment only fell by 5,000, the sentiment was positive and this continued the recent run of better economic data. It is this data that will shift market sentiment and give investors a clear indication of how that particular economy is fairing. We are now seeing a more consistent run of data in the UK, which is slowly bringing market confidence back to the Pound. Whilst the...

Best Exchange Rates – GBP to EURO

UK Unemployment Figures Give Sterling a Boost! We have seen a high today of 1.1808, not seen since 21st May 2013. A welcome opportunity for Euro buyers! The Spike for Sterling is linked directly to positive UK news, as the UK list of unemployed claiments has dropped. This could be one of the last opportunities to buy at the 1.18 region, as there is a strong possibility of substantial Sterling weakness in July (the arrival of Mark Carney at the Bank of England). Feel free to get in contact...

GBPEUR rates stay steady ready for unemployment figures., GBPEUR prices, best exchange rates, selling...

Sterling exchange rates have stayed very steady today compared to last week.  Currency is normally driven by four factors; referred to as the Currency Compass: Acts of Terror Acts of God Political instability Economic data The first two we have to all be rather reactive to, it can be anything from floods like we are seeing over Europe affecting the productivity of farmers to hurricanes in the US. Political instability is something which is a little more forecastable however never a definite.  This can be anything from votes on...
Pound to Euro Exchange Rate Outlook: Busy Week Ahead for GBP to EUR Rates

When to buy euros?

The recent GBPEUR trend has been upward and consequently it is well worth seeking out the best deals. I expect rates to continue to improve so if this is something you need to keep an eye on why no t make contact with one of our team? The Bank of England have not looked at any further QE this month and this has helped sterling to make some small gains against most currencies including the Euro. GBPEUR is now the highest it has been all...
Pound to Euro Forecast: Does Sterling Have Further to Fall Ahead?

Will the GBP/EUR hit 1.20? (Matthew Vassallo)

The Pound has surged against the EUR during Wednesday's trading, providing euro buyers with some excellent opportunities. When you consider the low we were at back in March of this year (1.1370) and predictions at that time was for further EUR strength, we can see what a marked improvement there has been over the past couple of months. The question many are asking now is whether GB/EUR rates will hit 1.20 over the coming weeks and personally I think we have a fair chance. Whilst...

When should I exchange pounds into euros?

The answer will more often than not be than be based upon 'when' you need funds as opposed to a relevant study of rates based on anything more than sheer hope. Nevertheless arming yourself with as much information as possible (more often than not) will help you to achieve a better exchange rate. This site is written by currency experts trying to outline and simplify currency exchanges for clients. As a firm of specialist currency brokers we daily assist clients moving money internationally to trade at better...