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Currency News - EUR

UK Political Divisions Knock Pound as Risk-Sentiment Drives Risk Currencies Higher

Written by Arron Morris on Tuesday, October 23, 2018. Currency News - Sterling / EUR

Pound News: Sterling Weighed Down by Latest Round of Brexit Jitters Over the weekend it emerged that UK Prime Minister Theresa May was planning to tell MPs that the UK-EU Brexit deal had been 95% agreed in an effort to quieten critics from within her Conservative Party. However, concerns remain about the lack of progress…(read more)

GBP/EUR Exchange Rate Fluctuates amid Renewed Brexit Uncertainty

Written by David Worthington on Monday, October 22, 2018. Currency News - Sterling / EUR

Last week’s high: €1.1421 Last week’s low: €1.1329 Pound Outlook Sours as EU Sidelines November Summit The Pound Euro (GBP/EUR) exchange rate proved somewhat erratic last week as markets remained unsettled by the latest Brexit and Italy budget developments. GBP investors were left dismayed as the UK and EU failed to secure a Brexit deal…(read more)

Pound Hit by Slowing UK Retail Sales

Written by James Spurway on Friday, October 19, 2018. Currency News - Sterling / EUR

Pound News: GBP Losses Caused by Brexit Panic and Lower Sales Thursday was a day to forget for Pound Sterling traders, with the UK currency falling against most of its peers due to two concerning developments. The first was the news that UK retailers had underperformed in September, with levels of sales activity dropping on…(read more)

Pound Sterling Weakened by Sliding UK Inflation

Written by David Bayliss on Thursday, October 18, 2018. Currency News - Sterling / EUR

Pound News: GBP Exchange Rate Losses Caused by UK Inflation Upset The Pound made noticeable losses against its peers yesterday, with an unexpected drop in UK inflation draining GBP trader confidence. September’s data showed a larger-than-expected decline in yearly and monthly inflation, which led traders to assume that a 2019 Bank of England (BoE) interest…(read more)

Pound Sterling Devalued by Continuing Uncertainty over Brexit

Written by Joe Mayhew on Tuesday, October 16, 2018. Currency News - Sterling / EUR

Pound News: GBP Losses Seen on Doubts over Brexit Agreement Pound Sterling made losses against most currency peers yesterday, due to fading hopes for a future Brexit deal. Prime Minister Theresa May made a surprise speech on Monday afternoon, saying that Brexit talks were ongoing and discussions about the Irish border backstop were continuing. Despite…(read more)

GBP/EUR Dragged Down by Brexit Issues

Written by Tom Taylor on Monday, October 15, 2018. Currency News - Sterling / EUR

Last week’s high: €1.1461 Last week’s low: €1.1356 Pound Euro Turbulence Caused by Brexit Problems The Pound made a mid-week advance against the Euro last week, but failed to maintain this lead and closed trading on Friday near the week’s opening exchange rate. Brexit-related issues repeatedly panicked GBP traders and caused Pound Sterling losses –…(read more)

Pound Sterling Exchange Rates Mixed after DUP’s Brexit Threat

Written by Michael Vaughan on Friday, October 12, 2018. Currency News - Sterling / EUR

  Pound News: GBP Resilient despite DUP Threatening Brexit Revolt Yesterday saw the Pound drop off against the Australian Dollar, although a steady rise against the Euro and US Dollar was also seen. The main negative news was a threat from Democratic Unionist Party (DUP) leader Arlene Foster concerning the Brexit process. Reiterating the DUP’s…(read more)

Pound Sterling Exchange Rate Boosted by Growth Figures and Brexit Optimism

Written by Alastair Archbold on Thursday, October 11, 2018. Currency News - Sterling / EUR

Pound News: GBP Exchange Rates Upbeat on Growth Figures Yesterday saw the UK Office for National Statistics (ONS) release August’s GDP growth numbers which revealed there was 0% growth during the month. This was down from 0.4% in July and below expectations of a 0.1% rise. Although this might seem disappointing at first pass, in…(read more)

Pound Sterling Exchange Rate Gains Limited by IMF’s Brexit Warning

Written by Adam Wiffen on Wednesday, October 10, 2018. Currency News - Sterling / EUR

Pound News: GBP Exchange Rates Static after IMF’s Mixed Brexit Forecast Yesterday saw the Pound trade steadily against most of its regular currency peers, with International Monetary Fund (IMF) remarks limiting Pound Sterling demand. IMF officials implied that the Bank of England (BoE) could cut interest rates and warned about the dangers of a no-deal…(read more)

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