Pound Euro forecast page 36 - GBP EUR

GBP/EUR Exchange Rate Sinks on Fears of New UK Lockdown Restrictions The Pound to Euro (GBP/EUR) exchange rate fell by -1% today, with the pairing currently trading around €1.105. Sterling suffered today following comments from Prime Minister Boris Johnson, who said that there was a case for further and more severe Covid-19 lockdown...

The Pound to Euro (GBP/EUR) exchange rate advanced by almost 1% on Wednesday PM as news broke that a no.10 source said a Brexit deal was "Possible but far from certain," adding that it could be ready by Wednesday evening. GBP/EUR jumped by almost one percent on the day but has since pulled back to trade around 1.1056. Reports earlier in...

Optimism over Potential Brexit Deal Continues to Fuel GBP/EUR Exchange Rate Gains In spite of UK politicians talking down the prospect of a UK-EU trade deal the Pound to Euro (GBP/EUR) exchange rate remained biased to the upside. Although Boris Johnson continued to indicate that trade on World Trade Organisation (WTO) terms remains the...

Growing Fears of No-Deal Brexit Outcome Drove Pound Euro (GBP/EUR) Exchange Rate Lower The Pound to Euro (GBP/EUR) exchange rate plunged on Wednesday in the wake of comments from chief EU negotiator Michel Barnier. As Barnier acknowledged that three key issues continue to hold up talks, and that discussions between the UK and EU remain...

Despite the Pound being hit by fresh UK coronavirus fears this week, the British Pound to Euro (GBP/EUR) exchange rate has been able to avoid losses this week so far. This is because resilient strength in the US Dollar (USD) ahead of today’s hotly anticipated US 2020 Presidential Election is keeping pressure on its rival the Euro, while the...

A lack of drive in the Euro is leaving British Pound to Euro (GBP/EUR) exchange rate movement influenced largely by the Pound so far this week. Today’s movement has been driven by speculation over the direction of UK-EU Brexit negotiations, and a lack of direction in the Euro is leaving it volatile and easily influenced by stronger...

EUR/GBP Exchange Rate Falls as Uncertainty Surrounds Eurozone Economy The Euro to Pound (EUR/GBP) exchange rate fell by -0.2% today, with the pairing currently trading around £0.908. The Euro (EUR) failed to rise against the Pound (GBP) today despite German exports rising for their fourth consecutive month. As a result, this has...

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...

Despite the Pound’s rally attempts this week, the British Pound to Euro (GBP/EUR) exchange rate has ultimately been unable to hold an advance. Yesterday saw the pair shed much of this week’s advances as investors pulled back on the Pound amid UK economic and Brexit concerns. Even though this week’s Eurozone data has been mixed, the Euro...