MENU

Pound to Euro Exchange Rate Hits New 2021 High

Pound to Euro Exchange Rate Hits New 2021 High


The British Pound hit a new 2021 high against the Euro on Friday, but we are alert to the prospect of selling interest in the U.S. session.


Pound Sterling Data and Latest News


1 Day
1 Week
1 Month
This Year
Past Year
5 Years
10 Years

vs G10

vs Next 10

Loading

* 1 Week = past 5 trading days, 1 Month = past 20 trading days, This Year = 2021, Past Year = Past 365 Days

Click Here for More GBP Pairs

Click for EUR | USD | AUD | NZD | CAD | JPY | ZAR | SEK | NOK | CHF


Euro Data and Latest News


1 Day
1 Week
1 Month
This Year
Past Year
5 Years
10 Years

vs G10

vs Next 10

Loading

* 1 Week = past 5 trading days, 1 Month = past 20 trading days, This Year = 2021, Past Year = Past 365 Days

Click Here for More EUR Pairs

Click for EUR | USD | AUD | NZD | CAD | JPY | ZAR | SEK | NOK | CHF


U.S. Dollar Data and Latest News


1 Day
1 Week
1 Month
This Year
Past Year
5 Years
10 Years

vs G10

vs Next 10

Loading

* 1 Week = past 5 trading days, 1 Month = past 20 trading days, This Year = 2021, Past Year = Past 365 Days

Click Here for More USD Pairs

Click for GBP | EUR | AUD | NZD | CAD | JPY | ZAR | SEK | NOK | CHF

Effective Exchange Rates

Cryptocurrency Live Prices in Pounds, Euros and Dollars

Currency Change 24h Price (GBP) Price (EUR) Price (USD)
Dogecoin DOGE +0.15%

Dogecoin price in Pounds

0.1705 View Data

Dogecoin price in Euros

0.202 View Data

Dogecoin price in Dollars

0.2344 View Data
Buy Now
Bitcoin BTC -1.79%

Bitcoin price in Pounds

43931.9552 View Data

Bitcoin price in Euros

52074.6 View Data

Bitcoin price in Dollars

60404.9738 View Data
Buy Now
Ethereum ETH -1.5%

Ethereum price in Pounds

2765.4524 View Data

Ethereum price in Euros

3278.02 View Data

Ethereum price in Dollars

3802.4049 View Data
Buy Now
Tether USDT -0.21%

Tether price in Pounds

0.7247 View Data

Tether price in Euros

0.859 View Data

Tether price in Dollars

0.9964 View Data
Buy Now
Ripple XRP -1.8%

Ripple price in Pounds

0.8144 View Data

Ripple price in Euros

0.9654 View Data

Ripple price in Dollars

1.1198 View Data
Buy Now
Litecoin LTC -2.68%

Litecoin price in Pounds

134.0536 View Data

Litecoin price in Euros

158.9 View Data

Litecoin price in Dollars

184.3192 View Data
Buy Now
Cardano ADA -2.5%

Cardano price in Pounds

1.5708 View Data

Cardano price in Euros

1.862 View Data

Cardano price in Dollars

2.1599 View Data
Buy Now
Polkadot DOT -4.89%

Polkadot price in Pounds

30.0049 View Data

Polkadot price in Euros

35.5662 View Data

Polkadot price in Dollars

41.2557 View Data
Buy Now
Enjin ENJ +4.77%

Enjin price in Pounds

1.2209 View Data

Enjin price in Euros

1.4472 View Data

Enjin price in Dollars

1.6787 View Data
Buy Now
Bitcoin Cash BCH -0.81%

Bitcoin Cash price in Pounds

449.9274 View Data

Bitcoin Cash price in Euros

533.32 View Data

Bitcoin Cash price in Dollars

618.6352 View Data
Buy Now
Stellar XLM +8.5%

Stellar price in Pounds

0.2848 View Data

Stellar price in Euros

0.3376 View Data

Stellar price in Dollars

0.3916 View Data
Buy Now
Chainlink LINK -0.08%

Chainlink price in Pounds

19.6179 View Data

Chainlink price in Euros

23.2541 View Data

Chainlink price in Dollars

26.974 View Data
Buy Now
Aave AAVE +0.44%

Aave price in Pounds

219.6158 View Data

Aave price in Euros

260.3209 View Data

Aave price in Dollars

301.9645 View Data
Buy Now

Citi Exchange Rate Forecasts at Mid-Year

Citibank exchange rate forecasts

Image © BruceG1001, reproduced under CC licensing

Citibank, the world's largest foreign exchange dealer, has updated its foreign exchange forecasts as we move into the mid-year period.

British Pound Outlook

Pound

"Fundamentally GBP remains cheap with it’s real effective exchange rate close to all time lows. Despite the fact that it’s difficult to envisage any UK-EU agreement at this juncture, it’s clear to see that GBP will reprice higher should one occur."

 

Euro Outlook

Euro view

"With the ECB now pre-committed on hold almost regardless of incoming data from here until “at least through the summer”, and with the Fed hawkish, EUR may be pressured in the short term. US twin deficits and ECB tapering are likely to reduce inflows into the US."

 

US Dollar Outlook

Dollar

In the medium term, Citi say the USD downtrend may resume (more details on this view in this article).

This is based on:

1) "USD positioning is much cleaner than at the start of the year suggesting that the rally in the $ may begin to abate."

2) "With increased US bond supply upcoming, yields likely rise further as tapered LSAPs in the EA and Japan mean less funding is likely to be forthcoming for larger US fiscal deficits."

3) "Overall, our Dollar G10 forecasts show around 3% Dollar downside over 6-12m and 15% downside in the long run."

 

Australian Dollar View

Aussie

"Domestic data has recently been surprising to the upside. We expect economic growth to pick up close to trend. The RBA may start to hike rates around mid 2019. Markets may not have fully priced in possible RBA rate hikes. If expectations resume, AUD may find support."

 

Canadian Dollar View

Canadian Dollar

"In the medium term, we still expect CAD to appreciate, given the pair remains significantly below the level implied by fundamental drivers and the broad $ bear market should eventually kick in. Besides, Citi analysts expect the BoC to hike in July, which may support the CAD."

Citi forecasts

Graphic courtesy of Citibank

Advertisement
Get up to 5% more foreign exchange by using a specialist provider to get closer to the real market rate and avoid the gaping spreads charged by your bank when providing currency. Learn more here.