Euro exchange rate pound forecast

Josh Ferry Woodard Date: The Pound strengthened by around 80 pips versus the Euro last week as markets reacted to a surprise split between policymakers at the Bank of England BoE.

The Pound weakened by around a cent against the Euro last week as traders hedged against political uncertainty in Britain. The Pound to Euro exchange rate has fallen by around two cents over the last week due to concerns that the Bank of England may not raise interest rates even though inflation looks to be eroding domestic growth prospects.

Pound to Euro Exchange Rate Forecasts + News |

Sterling fell by around half a cent against the single currency at the start of last [ The single currency failed to post any lasting gains on news that pro-European centrist Emmanuel Macron had beaten anti-EU far-right leader Marine Le Pen in the French Presidential [ Following news that UK GDP slowed from 0.

Dovish sentiments from the European Central Bank helped Sterling rally by around a cent against the Euro last week.

Centrist Emmanuel Macron [ The Pound to Euro exchange rate rallied by around two cents last week on news of snap UK elections but then gave back all of those gains following the results of the first round of the French Presidential elections. The Pound strengthened by around half a cent versus the single currency last week in response to sturdy UK inflation and labour market figures.

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