Pound Euro forecast page 42 - GBP EUR

Despite a lack of impressive new Eurozone data today, the British Pound to Euro (GBP/EUR) exchange rate has kept falling. Brexit uncertainties kept pressure on the Pound, while the Euro is still benefitting from market hopes that the Eurozone economy is gradually turning around from the slowdown seen since the end of last year. A...

EUR/GBP Exchange Rate Steadies Following ECB’s Cautiousness The Euro Pound (EUR/GBP) exchange rate is steady today and is currently trading around £0.8620 on the inter-bank market. The Euro (EUR) steadied against the Pound (GBP) following the release of the German Harmonized Index of Consumer Prices figures for March fell to 1.4% –...

After continued failure to point towards a single major solution for the Brexit process, and with the EU’s next formal Brexit date still set for next Friday, the British Pound to Euro (GBP/EUR) exchange rate jumped amid fresh hopes for some kind of cross-party compromise to be made to resolve the long-standing Brexit deadlock. Despite...

Due to a set of underwhelming Eurozone ecostats, the British Pound to Euro (GBP/EUR) exchange rate put in solid gains for most of yesterday’s session. Since then though, fresh uncertainties over how Brexit will unfold has meant that the Pound has been unable to hold its gains, though the Euro’s lack of appeal has meant GBP/EUR losses are...

GBP/EUR Exchange Rate Rises as Johnson Backs May’s Brexit Deal The Pound Euro (GBP/EUR) exchange rate rose today and is currently trading around €1.1662 on the inter-bank market. Sterling (GBP) gained on the Euro (EUR) today following the former Foreign Secretary, Boris Johnson, declaring his support for Prime Minister Theresa...

Despite signs of continued weakness in Eurozone manufacturing, economic sentiment in Germany is reportedly beginning to improve and this made it more difficult for a weaker British Pound to Euro (GBP/EUR) exchange rate to hold its ground this morning. Fresh concerns about the stability of UK politics caused the Pound to fall versus most major...

The Pound Euro (GBP/EUR) exchange rate trended lower on Wednesday as the pairing was knocked by the latest bout of Brexit uncertainty. This comes as EU officials report that they still have not received a letter from Theresa May requesting a delay to Brexit, despite being just hours away from the next EU summit in which the PMs request...

The British Pound to Euro (GBP/EUR) exchange rate has struggled to hold the highs seen over the weekend, as fresh Brexit uncertainties combined with some signs of strength in the Eurozone economy kept the Pound under pressure and offered the Euro some support. Investors now anticipate upcoming Brexit news and Eurozone data. Despite a...

Pound Sterling Euro (GBP/EUR) Exchange Rate Slumps as Third Meaningful Vote Ruled Out As the House of Commons Speaker ruled out the prospect of a third meaningful vote unless the Brexit deal sees a ‘substantial change’ the Pound Sterling to Euro (GBP/EUR) exchange rate slumped. Investors were caught off guard by the move, having...

EUR/GBP Exchange Rate Sinks on Brexit Extension Hopes The Euro Pound (EUR/GBP) exchange rate is down by 0.5% today and is trading around €0.8597 on the inter-bank market. Sterling (GBP) recovered today following last night’s vote on Prime Minister Theresa May’s Brexit deal which lost by a majority of 149. This has opened up...