GBP/EUR News

14/07/2025 to 18/07/2025: The pound euro exchange rate endured a volatile week, dipping below 1.15 amid mounting speculation of a Bank of England interest rate cut. Hawkish inflation data offered some support, but a weakening labour market and lack of UK economic momentum limited gains.

UK economic concerns applied downward pressure to the pound, causing it to decline in value against the euro.

30/06/2025 to 04/07/2025: The pound euro exchange rate plummeted below the 1.16 benchmark as hawkish central bank rhetoric and UK political uncertainty applied downward pressure.

16/06/2025 to 20/06/2025: The pound dipped to a multi-week low amid the Bank of England's latest interest rate decision and downbeat UK data.

09/06/2025 to 13/06/2025: The pound fell by more than 1% against the euro following the release of downbeat economic data from the UK economy.

02/06/2025 to 06/06/2025: The pound euro (GBP/EUR) exchange rate traded within the 1.18 range amid notable Eurozone data, an ECB rate cut and BoE rate rhetoric.

26/05/2025 to 30/05/2025: Having hit a multi-week high against the euro, the pound plummeted amid dollar weakness that supported the single currency.

The pound rose through the 1.19 benchmark against the euro following better-than-expected data from the UK economy.

05/05/2025 to 09/05/2025: The pound was given a shot in the arm by a hawkish interest rate cut from the Bank of England and news of a UK-US trade deal.

28/04/2025 to 02/05/2025: The pound was rangebound against the single currency amid mixed economic data from both sides.