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Tom Vicary

📍 London

GBP/EUR exchange rate midweek update: pound firms against euro as UK inflation prints hotter than forecast

The pound marched higher following hotter-than-expected inflation data for April that prompted investors to adjust their bets on interest rate cuts from the Bank of England (BoE).

GBP/EUR exchange rate week review: pound hits two-week high against euro

The euro was dented by static Eurozone inflation that stoked speculation the European Central Bank will start loosening policy in June, causing the pound euro rate to spike.

GBP/EUR exchange rate midweek update: pound firms against euro despite cooling UK jobs market and rate cut speculation

The pound ticked higher against the euro as mixed data from the UK and Eurozone is overshadowed by a risk-on mood in markets.

GBP/EUR exchange rate week review: pound strikes two-week low against euro

Better-than-expected macroeconomic data from the bloc dragged the pound to a two-week low against the euro ahead of the BoE's May rate announcement.

GBP/EUR exchange rate midweek update: pound hits two-week low against euro

Better-than-expected Eurozone data and speculation about upcoming Bank of England forward rate guidance combine to dent the pound.

GBP/EUR exchange rate week review: pound trades sideways against euro ahead of BoE interest rate decision

The pound was subdued against the euro despite a raft of macroeconomic data from the UK and Eurozone economies.

GBP/EUR exchange rate midweek update: pound meanders between 1.16 and 1.17 against euro

An underwhelming UK manufacturing print, which showed the sector returned to contraction, trimmed the pound's earlier gains against the euro.

GBP/EUR exchange rate week review: pound recovers from 3-month low against euro

Having been pulled to a three-month low by dovish BoE comments, the pound to euro rate was spurred higher by diverging remarks that dulled interest rate cut speculation.

GBP/EUR exchange rate midweek update: pound falls to 3-month low against euro

The pound slipped into the 1.15 range, touching a three-month low before hawkish central bank comments helped it to rally.

GBP/EUR exchange rate week review: pound drops to 1.16 after dovish rhetoric boosts odds of June rate cut

The pound felt the weight of dovish central bank commentary this week, despite a sticky inflation print.