Category: EUR

Pound to Euro (GBP/EUR) Exchange Rate Loses Shine – Sterling to Turkish Lira (GBP/TRY) Climbs 1.50%
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Pound to Euro (GBP/EUR) Exchange Rate Loses Shine – Sterling to Turkish Lira (GBP/TRY) Climbs 1.50%

The Pound exchange rate climbed versus the Euro (GBP/EUR) this morning as Bank of England (BoE) comments boosted the British currency. However, gains were short-lived and Sterling began to lose some of its shine as investors grew concerned on how the British economy was faring.  Pound Exchange Rate’s BoE Gains Reversed as UK Factory Orders...

Pound Under Pressure as Customs Union and Brexit Claims Hit Markets
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Pound Under Pressure as Customs Union and Brexit Claims Hit Markets

The Pound is being pressured lower against other currency majors such as the Euro (GBP/EUR) and US Dollar (GBP/USD) as markets went back and forth over claims surrounding the UK’s relationship with the EU after Brexit.  Up and Downs – Pound’s Performance so Far 2018 So far this year, the Pound to Euro (GBP/EUR) exchange...

Pound Euro (GBP/EUR) Lower as Exchange Rate Reacts to Brexit
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Pound Euro (GBP/EUR) Lower as Exchange Rate Reacts to Brexit

The Pound has been softer against a basket of major currencies including the Euro (GBP/EUR) as the Prime Minister’s week of Brexit meetings came to a head. Theresa May has been in Bulgaria this week, asking the European Union to give some kind of indication that her Irish border proposals would be accepted.  Great British...

Pound, Euro, US Dollar Exchange Rate Forecast: Brexit and Customs Union, Fed Speeches Ahead
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Pound, Euro, US Dollar Exchange Rate Forecast: Brexit and Customs Union, Fed Speeches Ahead

Brexit developments have created some Pound Sterling exchange rate fluctuations this week, but next week UK data could drive the British currency’s movements. Wednesday will see the UK Inflation Rate figure published, while Friday will see the second estimate of first quarter growth figures come to light.  Friday morning has seen the Pound trade in...