Pound-Euro News Directory

The Pound to Euro rate has lifted off early May lows but could be likely to consolidate its recent gains within roughly a 1.1771 to 1.1867 range over the coming days due in part to the prospect of a further rebound by China's Renminbi, which would have positive implications for Sterling and the Euro.

May 23,2022

July rate hike now very likely at the ECB with a 50bp hike now preferred, this is supportive of EUR for now but any pushback by the central bank could undermine recent gains.

May 19,2022

"Should that narrative persist and lead the BoE to raise rates by less than what forwards anticipate ... the currency could weaken more than our forecasts imply" - Barclays.

May 18,2022

The Bank of England is close to ending its interest rate hiking cycle and this will leave Pound Sterling vulnerable to further losses against the Dollar and Euro, according to one investment bank.

May 17,2022

ECB Governing Council member François Villeroy de Galhau expressed concern that the Euro was too weak and was therefore contributing to inflation.

May 16,2022

The Pound to Euro rate ended last week with a sharp rally from seven month lows but it could be likely to stall around the nearby 1.1827 level this week in which parliamentary testimonies from Bank of England (BoE) policymakers and a deluge of UK economic data are the highlights for Sterling. 

May 16,2022