GBP/EUR exchange rate midweek update: pound dips as falling inflation stokes rate cut bets
Decline in consumer prices index print to more than two-year low adds to speculation of summer interest rate cut
Tom Vicary
GBP/EUR exchange rate week review: pound drifts below 1.17 against euro
Investors in the pound digest data showing that UK unemployment unexpectedly rose, wage growth slowed and the economy demonstrated signs of growth.
GBP/EUR exchange rate midweek update: pound slips below 1.17 against euro amid rising UK unemployment
Slowing UK wage growth weighed on the pound after the figures confirmed the BoE's view that inflationary pressures are easing in the economy.
GBP/EUR exchange rate week review: pound hits three-week high against euro
Pound to euro exchange rate reacts to UK Spring Budget and European Central Bank interest rate decision.
GBP/EUR exchange rate midweek update: pound remains buoyant following budget statement
Pound holds strength amid economic growth forecasts and lower taxes in pre-election budget statement.
GBP/EUR exchange rate week review: pound trapped in narrow range against euro
The pound was rangebound against the euro after central banker comments and economic data extend rate cut projections.
GBP/EUR exchange rate February review: pound hits eighteen-month high against euro
Robust UK employment data lifted the GBP/EUR exchange rate to an eighteen-month high in February, before static inflation, dire GDP numbers and hawkish ECB comments eroded its gains.
GBP/EUR exchange rate midweek update: euro boosted by ECB interest rate comments
(28/02/2024)
The GBP/EUR exchange rate was subdued on Monday morning in anticipation of Bank of England (BoE) and European Central Bank (ECB) speeches, before drifting below 1.17 once they were delivered.
The euro was spurred by ECB President Christine Lagarde, who refused to provide clues on
GBP/EUR exchange rate week review: pound recovers from five-day low against euro
(19/02/2024 to 23/02/2024)
The GBP/EUR exchange rate crept above 1.17 on Monday, managing to shrug off heightening Bank of England (BoE) interest rate cut bets and UK economic lethargy – a sanguine mood that was soon eroded by a lack of fresh economic data releases.
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