GBP/EUR News

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.

The pound euro (GBP/EUR) exchange rate leapt to a nine-day high after the latest US non-farm payrolls report weighed on the single currency.

PMI survey data from the UK and Eurozone impact the pound and euro ahead of the ECB's interest rate decision.

The pound marched steadily higher against the euro in May before posting a 14-week high on the back of political and economic tailwinds.

The pound was subdued against the euro before a hotter-than-expected Eurozone inflation print caused it to tumble at the end of the week.

The pound struck a multi-month high against the euro after a hotter-than-expected UK inflation print dampened expectations of a June interest rate cut.

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).

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.