Pound-Euro News Directory

The Pound to Euro exchange rate entered the new week near mid-June highs just above 1.17 but might most likely consolidate between there and somewhere around the 1.16 level in the days ahead unless Sterling is able to find reasons for excitement in the UK's latest employment and GDP figures. 

July 10,2023

GBPEUR exchange rate looks to test the 1.17 level over the coming hours and should remain supported over the coming month - data allowing - with further tests of the 2023 high probable if the May-July trend of appreciation remains intact.

July 6,2023

The Pound to Dollar exchange rate relinquished some of its June gains around the turn of the month but with technical support emerging around 1.26 in recent trade, it could be likely to consolidate between there and a nearby pocket of resistance around 1.2850 this week.

July 3,2023

The Euro was softer across the board on the same day it was reported Eurozone inflation data for June undershot analyst expectations and confirmed easing price pressures across the bloc.

June 30,2023

EURGBP a buy at HSBC as Bank of England hike expectations to cool.

June 30,2023

The Euro is proving to be an outperformer in global foreign exchange ahead of month-end, aided by 'hawkish' commentary from a number of European Central Bank officials that has boosted expectations for higher interest rates in the Eurozone.

June 28,2023