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Pound Sterling-Euro Exchange Rate: 1.1085 (0.05%) Charts
Euro-Pound Sterling Exchange Rate: 0.9021 Charts

Nordea: 'No Deal' Likely, Pound Sterling Could Retreat Towards 1.08 against the Euro

Nordea: 'No Deal' Likely, Pound Sterling Could Retreat Towards 1.08 against the Euro


Foreign exchange strategists at a leading Scandanavian lender and investment bank have said a 'no deal' outcome to post-Brexit trade talks is likely, and the Pound is likely to weather the outcome.

Key Statistics
Live GBP/EUR Exchange Rate: 1.1085
Daily Change: 0.0505%
Opening Rate: 1.108
Today's Low: 1.108
Today's High: 1.108
Low of the Past Year: 1.0604 (19-03-2020)
High of the Past Year : 1.208 (14-12-2019)
Relative Performace
1 Day
1 Week
1 Month
This Year
Past Year
5 Years
10 Years

vs G10

vs Next 10

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* 1 Week = past 5 trading days, 1 Month = past 20 trading days, This Year = 2020, Past Year = Past 365 Days

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Pound-Euro Rate Week Ahead Forecast: 1.14 - 1.15 Possible on a Deal

  • Written by James Skinner

The Pound-to-Euro exchange rate fell to a November low last week as Sterling underperformed in the absence of progress in the Brexit negotiations but could see a pick-up in the coming days as the two sides edge toward a deal, which would give the Pound a clear path back to April and May highs at least. 

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Pound-Euro Rate Week Ahead Forecast: Six Month High in Sight

  • Written by James Skinner

The Poun-to-Euro exchange rate has scope to edge up to six-month highs over the coming days as the Brexit talks continue in the background, although Sterling will be at risk of a setback early on in the new week due to a pending extension of coronavirus-related 'lockdown' restrictions. 

Read more ...

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