GBP/EUR News

19/01/2026 to 23/01/2026: The pound recovered ground against the euro by the end of the week after suffering its sharpest daily fall since November, with shifting risk sentiment, mixed UK data and fluctuating expectations for central bank policy driving volatility.

12/01/2026 to 16/01/2026: The pound climbed into the mid-1.15 range as the single currency was undermined by geopolitical uncertainty surrounding Greenland, while soft German inflation data also weighed.

05/01/2026 to 09/01/2026: The pound euro rate enjoyed a strong start to 2026, briefly touching a 10-week high as geopolitical forces weighed heavily on the single currency.

15/12/2025 to 19/12/2025: The pound recovered from midweek losses to finish the week stronger against the euro, buoyed by resilient UK data and a hawkish-leaning Bank of England rate cut, while weaker Eurozone PMIs and cautious ECB rhetoric weighed on the single currency.

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.