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The Pound to Euro exchange rate has been contained within a narrow range and could remain so in the days ahead with trade spanning the gap between roughly 1.1705 and 1.1787 this week unless European inflation data surprises notably on the upside, or GDP to the downside, of expectations this Friday.
July 25,2022
The Euro was sold on the release of German PMI data for July, which confirmed a sharper than expected economic slowdown is underway on the continent.
July 22,2022
GBP/EUR lost ground following ECB rate hike, but ultimately recovered as Italian politics, energy crisis and lack of details on TPI weigh.
July 22,2022
The Euro jumped across the board after the European Central Bank raised interest rates by 50bp points an announced the creation of a new mechanism to ensure the Eurozone's diverse financial system remains stable amidst rising interest rates.
July 21,2022
The Pound to Euro exchange rate has retreated over the course of the past week but Thursday's crucial European Central Bank policy decision on interest rates could allow for a recovery.
August 2,2022
The European Central Bank could go with a 50 basis point rate hike this Thursday, according to reports.
July 21,2022
Euro exchange rates face the prospect of a highly volatile few days of trading as this week brings with it the European Central Bank's policy meeting as well as the planned restart date for the Nord Stream 1 gas pipeline.
July 19,2022
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