The pound to euro exchange rate has seen the GBP currency rise against EUR this morning, Monday 22 January. Pound sterling is converting to €1.1323, in Bloomberg figures correct at 7:15am this morning. This represents growth compared to Friday last week, when the pound stood at €1.130. TorFX currency analyst Laura Parsons commented on the […]
Tag: Eurozone
Pound to euro exchange rate: Sterling ‘could fall FURTHER’ today in light of eurozone data
The pound is currently trading against the euro at 1.1296, a drop from yesterday’s 1.130 figure. 2018 has been volatile for British currency, while the Eurozone has started the year off with a bang. While recent manufacturing figures from the UK have been good, they have not been enough to boost sterling. The main issue […]
Pound to euro exchange rate: Sterling faces ‘volatile’ week against Eurozone currency
The pound stands at 1.1250 against the euro this morning, according to Bloomberg figures. As Britain gets back to work after the New Year break, productivity looks set to increase. But the first week in January will see several economic reports released which could affect British currency. Whether these effects will be positive or negative […]
Pound to euro exchange rate: GBP ‘storms higher’ against EUR ahead of Eurozone figures
Pound sterling looks positive this morning as it rises against the euro. It converts to €1.1281 according to figures available at 7:15am this morning. This is up from this time yesterday, when GBP converted to €1.1198. It represents the highest the pound has been since last Friday, when it was €1.22. The boost to the […]
Pound to euro exchange rate: Sterling ’super start’ amid Eurozone disappointment
The pound to euro exchange rate is yet again in favour of the GBP currency today. According to rates at 3am today, the pound now converts to €1.141. This has risen from the same time yesterday, when the sterling was up to €1.134. It has in fact been on the rise since last Thursday, when […]
Pound to euro exchange rate: Sterling suffers despite political chaos in Eurozone
Spain’s Prime Minister has given the leader five days to clarify whether or not he has declared independence for the region. Mariano Rajoy told parliament Spain was facing the most serious threat to its democracy of 40 years. Meanwhile political tensions in the UK continue to put the pound under pressure. With the fifth round […]
Pound to euro exchange rate: Strong sterling tipped to soar further as Eurozone struggles
The rise of the AfD raises concerns for the future of the EU and Germany’s future relationship with France, German media has warned. This uncertainty concerning the German election took its toll on Eurozone markets, with the euro noting a significant slide. Sterling has been further supported by encouraging data out of the UK this […]
Pound to euro exchange rate: Sterling boosted ahead of Eurozone update
The exchange rate has climbed to €1.136, up from €.127 yesterday. Sterling was boosted yesterday by retail sales data released out of the UK. According to data published by the Office for National Statistics (ONS), retail sales growth in the UK surged from 0.6 per cent to one per cent in August, reaching its highest […]
Pound to euro exchange rate: Sterling ‘bounces BACK’ as Eurozone currency suffers
Pound sterling opened at €1.1019 against the euro this morning, according to figures from Bloomberg. The pound has been helped by news of the Repeal Bill potentially passing in parliament. It is also rallying ahead of the release of new inflation data this week. But it has also enjoyed a strong opening this morning due […]
Pound to euro exchange rate: Sterling holds steady as Eurozone awaits interest rate update
The exchange rate is hovering around €1.094, up from €1.079 last week. Sterling could soar depending on the outcome of a European Central Bank (ECB) meeting on Thursday. Policymakers will vote on whether to raise interest rates, with ECB President Mario Draghi due to give an update in the aftermath. If there are no signs […]