Euro Pound forecast page 7 - EUR GBP

EUR/GBP Exchange Rate Falls as German Recession Fears Increase The Euro Pound (EUR/GBP) exchange rate fell today, leaving the pairing fluctuating around £0.924 following this morning’s publication of the German growth figures for the second quarter, which contracted to a worse-than-expected -0.1%. Carsten Brzeski, an analyst at ING,...

Euro Pound (EUR/GBP) Exchange Rate Flat as Chaotic No-Deal Brexit to Cause ‘Severe Downturn’ The Euro Pound Sterling (EUR/GBP) exchange rate was left flat and the pairing is currently trading at an inter-bank rate of £0.8980. On Monday, the National Institute of Economic and Social Research (NIESR) released a new set of gloomy...

Despite more concerning Eurozone data and fresh surveys suggesting that Germany’s economy is far from out of the woods, the Euro to British Pound (EUR/GBP) exchange rate has avoided losses today and has been trending with an upside bias since markets opened. This has been due to persisting no-deal Brexit and Bank of England (BoE) interest...

Mixed movement in both the Euro and Pound has left the Euro to British Pound (EUR/GBP) exchange rate fluctuating broadly this week so far. Investors are hesitant to keep selling the pair despite its high levels though, as European Central Bank (ECB) speculation keeps the Euro buoyed and the latest UK data and Brexit speculation keeps pressure...

Despite persistent signs of weakness in Eurozone economic activity since last week’s dovish shift from European Central Bank (ECB) President Mario Draghi, the Euro to British Pound (EUR/GBP) exchange rate has been able to avoid major losses this week so far. The Euro is benefitting from weakness in rivals as well as the dovish shift from...

Euro Pound (EUR/GBP) Exchange Rate Falls as EU and Italy Clash The Euro Pound Sterling (EUR/GBP) exchange rate edged lower and the pairing is currently trading at an inter-bank rate of £0.8892. On Wednesday reports suggested that the Italian government will try to change the European Union’s fiscal rules. Italy will try to allow...

Euro Pound (EUR/GBP) Exchange Rate Rises as ECB Leave Interest Rates Unchanged The Euro Pound Sterling (EUR/GBP) exchange rate remained muted and the pairing is currently trading at an inter-bank rate of £0.8885. On Thursday, the European Central Bank (ECB) left interest rates unchanged as the bloc struggles with weak inflation and...

Euro (EUR) Exchange Rates Muted Following ECB Stability Review The Euro (EUR) was stuck trading sideways against the Pound (GBP) and most of its other peers on Wednesday morning, following the publication of the European Central Bank’s (ECB) financial stability review. In its latest review the ECB warned that that the financial...

GBP/EUR Exchange Rate Rangebound as European Election Worries Rise The Pound Euro (GBP/EUR) exchange rate steadied today and is currently trading around €1.1318 on the interbank market. The Euro (EUR) fell against the Pound (GBP) on increasing concerns surrounding the European Elections, with a number of Eurosceptic parties, along with...

EUR/GBP Exchange Rate Flat as UK Political Uncertainty Continues The Euro Pound (EUR/GBP) exchange rate is steady today and is currently trading around £0.880 on the interbank market. The Pound (GBP) stabilised against the Euro (EUR) despite ongoing Brexit uncertainty with Theresa May being increasingly challenged over her ‘new’...