EUR/GBP — News Archive


Pound Starts Week Poorly, Bounces Later

The theme of Great Britain’s referendum about leaving the European Union remained a hot topic during the week. While the week had started negative for the currency, the sterling rebounded by the weekend.

Pound Remains Firm After Bank of England Meeting

The Great Britain pound remained relatively firm following yesterday’s policy meeting of nation’s central bank. As it was expected, the Bank of England kept its monetary policy unchanged.

Pound Rebounds After Attack on Pro-EU Lawmaker

The Great Britain rose today following the attack on the pro-EU lawmaker that resulted in speculations about possible rise of “Bremain” votes.

Brexit Votes Lead in Polls, GBP Extends Run to Downside

Talks about the potential exit of the United Kingdom from the European Union continue to rattle markets. As a result, the Great Britain pound extended its move to the downside during Tuesday’s trading.

Pound Feels Weight of Brexit Fears

The Great Britain pound continued to feel the weight of Brexit fears. While the currency was attempting to hold its ground on Monday, it looks like the sterling has buckled under the pressure, falling during Tuesday’s early trading.

Pound Logs Weekly Losses as Brexit Threat Rises

The Great Britain pound weakened against its major rivals during the past trading week as fears of the Brexit reemerged. The weakness spilled over to the euro, which would also suffer in case the United Kingdom exits the European Union.

Improved UK Trade Deficit Doesn’t Help Sterling Much

Even though the UK trade deficit improved for April, sterling isn’t seeing a huge improvement against some of its major counterparts. While the UK pound is gaining ground against the euro, it is faltering against the dollar and the yen. Right now, everything is about the upcoming EU membership referendum and economic data is getting lost in the shuffle.

Euro Drops on Warnings of Long-Term Economic Damage

Euro is dropping today, losing ground against most of its major counterparts as ECB President Mario Draghi warns that recent years might have taken a long-term toll on the economic condition of the 19-nation currency bloc.

UK Pound Higher as Wild Swings Accompany Brexit Speculation

UK pound is swinging wildly today, partly due to a suspected fat-finger trade, and partly due to the speculation accompanying the possibility of a Brexit from the European Union. There is a lot of uncertainty right now, and sterling has been moving between gains and losses the last couple of days.

Euro Clings to Recent Gains as German Factory Orders Slip

Euro is clinging to some of its gains from the end of last week, even after the latest news on German factory orders. Even though the 19-nation currency seems to be holding on for now, there are some downside risks that could impact the euro in the coming days.