The Pound to Euro exchange rate reached new highs for the year last week but could be set for some consolidation between those earlier peaks and somewhere just above the round number of 1.14 over the coming days.
May 15,2023
"EUR/GBP has officially cracked through the 200-day moving average".
May 10,2023
The Pound to Euro exchange rate entered the new week trading back above 1.14 and may attempt to rise further in the days ahead but this Thursday's forecast update and interest rate decision from the Bank of England (BoE) are both wild card risks that could cut either way for Sterling.
May 9,2023
The Euro fell against Pound Sterling and the Dollar after the European Central Bank (ECB) opted to raise interest rates 25 basis points.
May 4,2023
The British Pound has come under pressure against the Euro in May as investors bet Thursday's European Central Bank (ECB) interest rate decision and guidance will see it maintain its crown as the most hawkish of the major central banks.
May 4,2023
The Pound to Euro exchange rate approached the year's highs last week and could attempt to reach its best levels since December 2022 if Euro area inflation ebbs again and the European Central Bank (ECB) adopts a less hawkish monetary policy stance in the days ahead.
May 1,2023
GBP/EUR was back under pressure at 1.13 ahead of month-end as the single currency remained favoured ahead of next week's European Central Bank (ECB) meeting.
April 28,2023
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