The Pound to Euro exchange rate currently sits near the bottom of its medium-term equilibrium range, suggesting only limited scope for further losses in the short-term, though it could be most likely to trade in a narrow band covering the distance between roughly 1.1581 and 1.1622 this week if the author’s model is anything to go by. 

August 7,2023

The British Pound's retreat from July highs against the Euro and Dollar could slow from here with one analyst saying the Bank of England's August policy decision and guidance had enough 'hawkish' elements to limit the prospect of further downside.

August 4,2023

Euro to Pound Sterling exchange rate

The broader backdrop is one that favours Pound sterling over euro, given the relatively elevated interest rate environment in the UK compared to the Eurozone.

August 2,2023

The Pound to Euro exchange rate remains in the upper quartile of the year’s range but an action-packed economic calendar, bond markets and the Bank of England (BoE) interest rate outlook could each or all push the boundaries of an anticipated 1.1633 to 1.1662 range for the week ahead.

July 31,2023

Fresh from its post-ECB drubbing, the Euro now faces a string of European inflation releases that could well determine whether another interest rate hike in September is likely.

July 28,2023

The European Central Bank (ECB) raised its three main interest rates by a further 25 basis points, as expected, but gave no clear indication it would hike interest rates again.

July 28,2023

Thursday's European Central Bank (ECB) policy meeting could squeeze more good news out of the Euro according to analysts who see a slowing economy and easing inflation as reasons to believe July's rate hike will be the last.

July 27,2023

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