GBP/EUR upside likely limited to near 1.12

February 7,2023

Lagarde

The ECB committed to further "significant" interest rate hikes as it seeks to combat inflation in a stance that will likely ensure Euro exchange rates remain bid.

February 6,2023

GBP/EUR outlook

The British Pound is set to move lower against the Euro over the coming weeks say a number of prominent currency analysts we follow, although whether or not it will break below a key psychological level is where the big debate is to be had.

February 1,2023

Spain economy Euro

The Euro rose after Spanish inflation unexpectedly accelerated in January, prompting investors to raise expectations for the scale of interest rate hikes yet to come from the ECB.

January 30,2023

The Pound to Euro exchange rate has retained an upward bias in recent trade but the outlook for it will be decided in a tug-of-war over 1.14 this week and Sterling would risk coming off worse if the market finds the Bank of England's (BoE) short of hawkish resolve on Thursday.

January 31,2023

Bank of England rate cut

Bets for Bank Rate cut grow, ECB tipped to cut at slower pace, which should pressure GBP/EUR.

January 26,2023

Euro bests the Pound as Eurozone and UK economies diverge.

January 26,2023

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