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Pound to Euro Exchange Rate: The Week Ahead March 21st

The pound to euro exchange rate saw a new record close for 2021 this week as sterling capitalized on its vaccination rollout, while the BoE were happy to sit on their hands with rates and stimulus. The euro was hit by the AstraZeneca vaccine halt and regulators eventually reported that they were happy, but the rollout in the bloc has just been delayed further. The pound to euro rate was trading above the 1.17 figure on Friday as the...

Pound Australian Dollar Exchange Rate Slides as ‘Aussie’ Benefits from Dovish Fed

Pound Australian Dollar Exchange Rate Struggles to Hold Ground with Risk-Sentiment Up  Higher demand for risk-correlated currencies is making it harder for the Pound Australian Dollar (GBP/AUD) exchange rate to hold its ground today. The Australian Dollar (AUD) saw a boost in demand after last night’s Federal Reserve news.  Since opening this week at the level of 1.7941, GBP/AUD has seen mixed movement as both currencies attempt to...

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GBPEUR Hesitates at Yearly High After Inflation

The GBPEUR rate pulled back from a fresh yearly high after European inflation figures dipped as expected. Sterling had touched 1.1706 in the morning session but was unable to hold onto those highs. The pound to euro may pause with markets ahead of the latest Federal Reserve meeting, while tomorrow will bring the Bank of England’s latest interest rate update. Pound Recovers From a ‘pre-MPC Wobble’? The sold off sharply on...

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GBPEUR Near 1.17 as Vaccines Boost Sterling

The GBPEUR was 0.25% higher on Monday with a quiet day in the economic calendar. The UK is being boosted by news that the country has vaccinated 23 million people, while stocks are boosted further. The GBP to EUR is trading at 1.1675 and this week will see the latest Bank of England rate announcement on Thursday. UK Aiming for Winter Vaccines Boost The UK is targeting booster jabs for the coronavirus to be rolled out in ‘August or...

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GBPEUR Higher but BoE Governor Warns of Inflation

The GBPEUR exchange rate was trading 0.15% higher on Tuesday at 1.1680 as the pound continues to push higher against the euro. Bank of England (BoE) warned of rising inflation yesterday after market were recently spooked by rising bond yields. Economic data is light for the pound to euro rate ahead of the European Central Bank (ECB) interest rate announcement on Thursday. The European Central Bank may look to cool the recent move...