Eurozone economy inflation and Euro exchange rates

GBP/EUR extends trend of weakness in wake of Eurozone inflation data.

January 6,2023

Pound to Euro

GBP/EUR started the year with gains following the release of softer-than-expected German inflation data that could suggest the peak in European Central Bank interest rate expectations has now passed.

January 5,2023

German inflation

EUR lower on the same day data from Germany revealed a sharp decline in inflation which hints that prices in the Eurozone might come down faster than the European Central Bank currently anticipates.

January 4,2023

The Pound to Euro exchange rate entered the New Year well supported near 1.13 but facing headwinds from a hawkish European Central Bank (ECB) and the prospect of an imminent decline in Euro area inflation that could lean against any attempted recovery by a currently-cheap Sterling up ahead. 

January 3,2023

The Pound to Euro exchange rate has appeared to be finding a footing near the round number of 1.13 and some strategist commentary suggests this might be the result of speculative short-sellers booking profits on bets against Sterling with a view to reloading at better levels up ahead.

January 5,2023

LNG supplies

The Euro remains on the front foot against the Pound and Dollar amidst further declines in European gas prices.

December 28,2022

The Pound to Euro exchange rate slipped to two-month lows in the penultimate session of the week and some analysts suspect it could be likely to remain suppressed around these kinds of levels over the coming weeks.

December 22,2022

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