Home Currency News GBP to EUR

Exchange Rate Forecasts

GBP to EUR Forecasts

GBP/EUR Up 4 Cents On Shock Trump Victory

Posted by:
Date: November 14th, 2016.

The Pound to Euro exchange rate strengthened by four cents last week as Donald Trump’s surprise election victory stoked fears of a wave of political populism in Europe. GBP/EUR initially tumbled a cent in reaction to Trump’s election result. However, the mood shifted swiftly and Sterling began appreciating versus the single currency. There are a [...]

Read more



Buoyed by a High Court ruling on ‘Brexit’, Sterling managed to rally by over a cent versus the Euro last week. The Pound strengthened by around 60 pips versus the single currency last Monday thanks to an announcement from Bank of England (BoE) Governor Mark Carney stating that he would remain in the post until [...]

Read more



GBP/EUR Weakens, BoE In Focus

Posted by:
Date: October 31st, 2016.

Sterling tumbled by around a cent-and-a-half against the Euro last week, influenced by comments from the British Chancellor on the prospect of more monetary stimulus. The Pound to Euro exchange rate weakened by around -80 pips at the start of last week’s session when UK Chancellor Phillip Hammond said that the Treasury had never refused [...]

Read more



GBP/EUR Hit A Two-Week High

Posted by:
Date: October 24th, 2016.

The Pound rallied by around a cent versus the Euro to strike a two-week high last week as government officials appeared to ever-so-slightly soften their approach to Britain’s post-‘Brexit’ trade arrangement with the European Union. Sterling strengthened by around 120 pips last Tuesday in response to a statement from a High Court lawyer suggesting that [...]

Read more



GBP/EUR Tumbles Below 1.10

Posted by:
Date: October 17th, 2016.

The Pound to Euro exchange rate slid below 1.10 last week to hit its lowest level in six-and-a-half years as ‘hard Brexit’ fears persisted. Following the ‘flash crash’ on Friday October 7, which saw the Pound plummet sharply across the board, demand for the UK currency has remained soft and speculators are predicting that Sterling [...]

Read more



GBP/EUR Strikes 6.5-Year Low

Posted by:
Date: October 10th, 2016.

The Pound to Euro exchange rate weakened by around four cents last week to hit a low not seen since the beginning of 2010. Sterling tumbled to a three-year low last Monday in reaction to UK Prime Minister Theresa May’s plans to sever Britain’s ties with the European Union by March 2019. May’s tough stance [...]

Read more



Sterling tumbled to a new three-year low versus the single currency at the start of this week’s session as traders sold the Pound in reaction to UK Prime Minister Theresa May’s latest ‘Brexit’ announcement. The Pound to Euro exchange rate managed to mount an 80-pip rally last Tuesday due to concerns that a crisis at [...]

Read more



The Pound to Euro exchange rate fell within touching distance of a three-year low last week with traders fearing that government officials might push for a so-called ‘hard Brexit’. Sterling slid below 1.16 versus the single currency at the start of last week’s session as sentiment soured in reaction to dovish remarks from the Bank [...]

Read more



Dovish BoE Sends GBP/EUR To Monthly Lows

Posted by:
Date: September 19th, 2016.

The Pound to Euro exchange rate weakened by over a cent last week to hit its lowest level in a nearly a month. GBP/EUR rose by around 50 pips at the start of last week’s session but Sterling’s rally came to an abrupt end on Tuesday morning when UK inflation printed below the median market [...]

Read more



GBP/EUR Tumbles As ECB Leaves Policy On Hold

Posted by:
Date: September 12th, 2016.

Sterling tumbled by around a cent-and-a-half against the single currency last week as Bank of England Governor Mark Carney struck a dovish tone and European Central Bank President Mario Draghi left policy on hold. The Pound to Euro exchange rate rallied to a monthly high just below 1.20 last Monday in reaction to a resilient [...]

Read more



© TorFX. Unauthorised copying or re-wording of this blog content is prohibited. The copyright of this content is owned by Tor Currency Exchange Ltd. Any unauthorised copying or re-wording will constitute an infringement of copyright.