Pound Euro forecast page 37 - GBP EUR

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...

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...

Despite a lack of solid fresh support for the Pound, the British Pound to Euro (GBP/EUR) exchange rate has been holding its ground a little better today, recovering from the lows seen yesterday. The Euro remains broadly appealing, but weeks of strong performance mean that its rally is running out of steam. On top of this, investors are...

Pound Sterling Euro (GBP/EUR) Exchange Rate Muted as Rise in Virus Cases Undermines Swift Economic Recovery The Pound Sterling Euro (GBP/EUR) exchange rate remained flat on Friday morning. This left the pairing trading at around €1.1154. Friday morning saw the release of better-than-expected industrial production from the Eurozone....

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...

Pound Sterling Euro (GBP/EUR) Exchange Rate Remains Near Six-Week Low The Pound Sterling Euro (GBP/EUR) exchange rate remained flat, leaving the pairing trading at around €1.1305. The Pound hit a six-week low against the Euro on Wednesday and remained near those levels on Thursday. Meanwhile, the single currency remained flat...

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,...

GBP/EUR Exchange Rate Rangebound as Brexit Fears Return Amid Coivd-19 Crisis The Pound to Euro (GBP/EUR) exchange rate held steady today after the British government stated that the coronavirus crisis only further strengthened the need for the UK to free itself of the European Union’s regulations post-2020. The pairing is currently trading...

GBP/EUR Exchange Rate Edges Higher, Eurozone ‘Coronabonds’ Divide Sparks EU Fears The Pound to Euro (GBP/EUR) exchange rate rose by 0.7% today, with the pairing currently trading around £1.129. The Euro (EUR) following this afternoon’s release of the Eurozone’s preliminary core inflation report for March, which fell to a...