Euro Pound forecast page 4 - EUR GBP

EUR/GBP Exchange Rate Falls as Covid-19 Darkens Eurozone’s Economic Outlook The Euro to Pound (EUR/GBP) exchange rate fell today, with the pairing currently trading around £0.910. The Euro (EUR) fell against the Pound (GBP) after Christine Lagarde, the President of the European Central Bank (ECB), expressed concerned over inflation....

GBP/EUR Exchange Rate Falls on Dovish BoE Statement The Pound to Euro (GBP/EUR) exchange rate fell by -0.5% today after the Bank of England (BoE) held interest rates at 0.1%. The pairing is currently trading around €1.09. However, the Bank also commented in a dovish statement that Britain’s economic outlook remained ‘unusually...

GBP/EUR Exchange Rate Rangebound as ‘Corona-Related Restrictions’ Drag on Single Currency The Pound to Euro (GBP/EUR) exchange rate held steady this morning, with the pairing currently trading around €1.115. The Euro (EUR) struggled to gain on Sterling following this morning’s release of the latest German GfK consumer confidence...

Euro Pound Sterling (EUR/GBP) Exchange Rate Falls Ahead of Key BoE Speech The Euro Pound Sterling (EUR/GBP) exchange rate edged around -0.2% lower, leaving the pairing trading at around £0.8979. The Pound was able to make some gains against the Euro this morning, although these gains were capped as Brexit uncertainty left traders on...

Euro Pound Sterling (EUR/GBP) Exchange Rate Muted as WHO Warns of Covid-19 Resurgence in Europe The Euro Pound Sterling (EUR/GBP) exchange rate remained largely flat on Thursday, leaving the pairing trading at around £0.9017. The single currency remained flat against Sterling this morning after Germany announced it had recorded its...

EUR/GBP Exchange Rate Rises as UK Economic Outlook Dims on Weak Growth Figure The Euro to Pound (EUR/GBP) exchange rate rose by 0.5% today, with the pairing currently fluctuating around £0.90. Sterling suffered today following the release of the flash GDP figure for the second quarter, which showed that the UK economy had plunged into...

Pound Sterling Euro (GBP/EUR) Exchange Rate Muted as German Exports Jump 14.9% The Pound Sterling Euro (GBP/EUR) exchange rate remained flat on Friday, leaving the pairing trading at around €1.1074. The Euro received some support this morning after data revealed that overall export demand in Germany increased. Demand from China...

GBP/EUR Exchange Rate Rangebound as Hopes Grow for British Economy The Pound to Euro (GBP/EUR) exchange rate held steady today, with the pairing currently trading around €1.11. Sterling failed to gain against the Euro (EUR) today after Chancellor Rishi Sunak revealed that he would cut VAT on tourism and hospitality by 5% until January....

GBP/EUR Exchange Rate Edges Higher as ECB Says Covid-19 is ‘Terrible’ for Eurozone’s Economy The Pound to Euro (GBP/EUR) exchange rate rose by 0.4% today, with the pairing currently trading around €1.12. The Euro (EUR) struggled today after the European Central Bank’s (ECB) chief economist, Philip Lane, told the Spanish...

GBP/EUR Exchange Rate Falls as Covid-19 Ravishes British Construction The Pound to Euro (GBP/EUR) exchange rate dipped today, with the pairing currently trading around €1.114. Sterling suffered following today’s release of April’s UK Construction PMI, which plummeted to a worse-than-expected 8.2 from March’s 39.3. As a result,...