The Pound-Euro exchange rate remains supported and could look to recover in the coming days as hopes of a Brexit deal being agreed by mid-November solidify and as the European Central Bank (ECB) seeks to head off another advance in the trade-weighted Euro at Thursday’s policy meeting. 

October 26,2020

GBPEUR latest news

A broad-based strengthening in the Euro combined with a stuttering Pound conspired to push the Pound-to-Euro exchange rate below the key 1.10 level, but expectations for a resumption in talks should keep losses shallow.

October 21,2020

The Pound-to-Euro exchange rate slipped by a fraction last week in price action that may belie the true extent to which 'no deal' Brexit risk has risen, but with a boy who cried wolf so many times before still in 10 Downing Street, investor indecision may now ensure Sterling remains range-bound over the coming days.

October 19,2020

Pound to Euro article

The British Pound maintains a technical uptrend against the Euro that is supportive of a view that further gains can be eked out in the near-term, particularly if the fundamental backdrop concerning Brexit trade negotiations remains cautiously constructive.

October 16,2020

Johnson and Brexit trade deal

The British Pound is forecast to remain under pressure against the Euro over coming weeks by Natwest Markets, citing Brexit trade negotiations that won't conclude anytime soon and expectations for the UK economy to remain unattractive to international investors.

October 13,2020

Barnier

The Pound-to-Euro exchange rate fell by 0.40% last week, eating away at the 0.70% gain recorded in the week prior, confirming this to be a market that is consolidating.

October 11,2020

Fisheries snag to Brexit negotiations

The British Pound has endured another volatile 24 hours as investors react to headlines on the state of Brexit trade negotiations which are now being tipped to extend into November, with the latest news concerning fisheries negotiating putting the currency on the back foot in midweek trade.

October 8,2020

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