The Pound to Euro exchange rate rallied briefly in what was highly volatile trade for the single currency on Thursday as the market digested a landmark European Central Bank (ECB) policy decision warning that an end to the era of negative interest rates in Europe is imminent. 

June 9,2022

Pound to euro outlook today

The Euro could be poised to take fresh value off the British Pound if Thursday sees the European Central Bank signal it is about to raise interest rates and signal a number of further hikes are likely over coming months.

June 9,2022

The Pound to Euro rate enters the new week with its back against the ropes and the outlook for it hinged upon how the European Central Bank’s (ECB) handles its besiegement at the hands of hawkish financial markets this Thursday.

June 6,2022

ECB and EUR exchange rates

"For the euro to find additional support there would have to be increasing signs that the ECB is hiking rates more quickly and that it might even be considering 50bp steps"

June 2,2022

The Pound to Euro exchange rate has unwound all of the gains made since the earliest days of Russia’s invasion of Ukraine in recent weeks, leaving it trading at a discount to short-term fundamental factors and signals that led TD Securities to tip Sterling as a buy with a 1.2121 target this week.

May 31,2022

The Pound to Euro exchange rate has drawn interest from dip buyers upon slippage below the 1.17 handle but could struggle to extend its nascent rebound by much above the 1.18 level in the week ahead, and will potentially spend its time trading within roughly a 1.1695 to 1.1838 range. 

May 30,2022

Pound Sterling Sunak

"The lack of GBP reaction to the government’s GBP15bn support package for households is revealing" - HSBC.

May 27,2022

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