GBP/EUR News

The pound euro (GBP/EUR) exchange rate strengthened after the single currency felt the weight of political instability in France in the wake of the final round of voting.

The pound euro (GBP/EUR) exchange rate ticked up on Friday, heading higher as Keir Starmer's Labour party was elected to government in a historic landslide victory.

Having been dented by the results from the first stage of France's general election, the pound euro (GBP/EUR) exchange rate firmed as Britain prepares to head to the polls.

Political uncertainty in France initially injected strength into the pound euro (GBP/EUR) exchange rate before easing fears of a majority right-wing government caused it to soften.

The pound euro (GBP/EUR) exchange rate meandered through a narrow range ahead of the UK and French elections.

The pound euro (GBP/EUR) exchange rate traversed the 1.18 range amid waning consumer and business confidence in Germany.

The pound remained resilient amid a cooling Consumer Price Index and dovish central bank commentary, as services inflation remains sticky.

The pound euro exchange rate (GBP/EUR) firmed despite cooling UK inflation, as services CPI continued to print to the upside, dampening rate cut expectations.

The pound euro (GBP/EUR) exchange rate climbed to a multi-month high after political uncertainty in the EU dented the single currency.

The pound euro (GBP/EUR) exchange rate jumped to its highest level since August 2022 on the back of political uncertainty in France that weighed on the euro.