GBP/EUR News

04/11/2024 to 08/11/2024: The pound euro (GBP/EUR) exchange rate was boosted by Donald Trump's comprehensive win and cautious Bank of England rhetoric about the future pace of interest rate cuts.

04/11/2024 to 06/11/2024: The pound euro (GBP/EUR) exchange rate was given a shot in the arm by Donald Trump's triumph in the US presidential election, which undermined the single currency.

The pound euro (GBP/EUR) exchange rate touched a two-year high in October amid ECB rate cut speculation and upbeat UK retail sales data before the Autumn Budget and a hotter-than-expected Eurozone inflation print caused it to spiral.

The pound euro (GBP/EUR) exchange rate was undermined by Labour's first budget since the party came to power in July and hotter-than-forecast Eurozone inflation data.

The pound euro (GBP/EUR) exchange rate slumped in value as investors digested £40bn in tax rises that the UK Chancellor Rachel Reeve insisted are needed to plug a £22bn "black hole" in the nation's finances.

The pound euro (GBP/EUR) exchange rate gently meandered between the 1.19 and 1.20 ranges following the release of mixed macroeconomic data from both sides.

The pound euro (GBP/EUR) exchange rate was trapped in a narrow range amid a lack of market-moving data from either side, bringing upcoming PMI prints into sharp focus for investors.

The pound euro (GBP/EUR) exchange rate recovered from news of cooling UK inflation to strike a two-year high after the ECB cut interest rates for a second consecutive month.

The pound euro (GBP/EUR) exchange rate plummeted after UK inflation dropped well below the Bank of England's 2% target for the first time since 2021 - increasing the likelihood of further interest rate cuts.

The pound euro (GBP/EUR) exchange rate traded sideways amid a slew of economic indicators from both sides, including an encouraging UK GDP reading.