The Pound-to-Euro rate closed its worst week since October 2016 on Friday after suffering a more-than 4% loss but it faces a pickup in volatility as national 'epidemic curves' rise and fall in the week ahead and ultimately, the risk of further Brexit-referendum-sized declines as the UK epidemic gathers pace. 

March 15,2020

Euro exchange rates ECB

Strategists at French-domiciled global investment bank Société Générale see the potential for the Euro to fall against the Pound heading into a crucial meeting of the European Central Bank (ECB).

March 12,2020

Trump at oval office desk

The stock market selloff of 2020 took another step deeper into the red after U.S. President Donald Trump announced a ban on all mainland Europe flights and Italy announced the closure of all businesses apart from pharmacies and food stores in ongoing efforts to stem the spread of the coronavirus outbreak.

March 12,2020

The Pound is tipped to rise against the Euro in the coming months and has been labelled as a buy at Societe Generale ahead of Wednesday’s budget, which is expected to yield a sharp increase in public sector spending that could help the economy to outgrow its continental rival in the years ahead.

March 11,2020

Johnson coronavirus reaction

Predictions for a worldwide recession and deep sell-off in global stock markets of up to 25% could ensure the conditions remain in place for the British Pound to fall yet further against the Euro.

March 10,2020

The Pound has suffered its fourth consecutive weekly loss to the Euro and fallen below a key technical support level on the charts in the process, undermining the multi-month uptrend in the Pound-to-Euro rate and exposing it to the risk of further declines up ahead. 

March 8,2020

Coronavirus outbreak

With global stock markets turning red over the past 24 hours amidst resurgent coronavirus angst, the Euro's stellar run extended with most global currencies registering losses.

March 6,2020

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