GBP/EUR News

08/12/2025 to 12/12/2025: The pound slipped below 1.14 against the euro as mounting evidence of a slowing UK economy, mixed BoE signals and weak GDP data weighed on sentiment, while the single currency found intermittent support from a softer dollar and shifting central bank expectations.

01/12/2025 to 05/12/2025: The pound rose to a five-week high against the euro as upbeat UK services data and shifting market sentiment overshadowed early-week jitters.

24/11/2025 to 28/11/2025: The pound climbed to a four-week high against the euro as Chancellor Rachel Reeves’s autumn budget eased fiscal uncertainty. But with markets still digesting tax plans and eyeing a possible rate cut, the UK currency's gains remained fragile.

17/11/2025 to 21/11/2025: The pound struggled for direction as cooling UK inflation, weak data, and nerves ahead of the autumn budget applied pressure. The euro found modest support from improving business activity, but broader economic uncertainty and EU-China tensions limited its gains.

10/11/2025 to 14/11/2025: The pound slumped to its lowest level against the euro since May 2023, pressured by weak UK economic data, rising unemployment, and political uncertainty surrounding Chancellor Rachel Reeves's autumn budget.

03/11/2025 to 07/11/2025: The pound sunk against the euro as investors braced for potential tax hikes in the upcoming autumn budget. Despite a brief midweek recovery on stronger services data, sterling remained under pressure amid mounting speculation of further rate cuts and UK growth concerns.

27/10/2025 to 31/10/2025: The pound endured a bruising week against the euro, sliding to its lowest level in almost two and a half years as mounting UK fiscal worries and speculation of further rate cuts weighed heavily. Meanwhile, encouraging data and hawkish ECB rhetoric helped underpin the euro.

20/10/2025 to 24/10/2025: The pound slipped against the as softer-than-expected UK inflation data reignited bets on a Bank of England rate cut.

06/10/2025 to 10/10/2025: The pound climbed to a three-week high against the euro, briefly surpassing the 1.15 mark as political turmoil in France weighed on the single currency. However, renewed concerns over the UK’s fiscal outlook and risk sentiment saw the pound give up some gains.

29/09/2025 to 03/10/2025: Despite political uncertainty and mixed UK data, hawkish comments from BoE policymakers injected strength into the pound euro rate. Meanwhile, the euro struggled amid renewed geopolitical tensions and soft labour market figures.