Read our currency forecasts and market reports for details of what could affect the Pound, Euro, US Dollar, Australian Dollar and many of the other major currencies.
The pound to euro interbank exchange rate has risen at the start of the new week from its weekend lows.
By Michelle Fox
On Thursday, EU leaders meet to discuss several key issues including the EU's response to the COVID-19 crisis and Brexit.
After the post lock down surge in activity over the summer months the economy is braced for a tough time through the winter months.
Sterling made gains against most major currencies yesterday as Rishi Sunak announced new measures to replace the current furlough scheme in November.
This week, sterling has held onto its gains against the euro but has failed to test key 1.12 level due to the lack of progress made in Brexit negotiations.
Today, the Bank of England hold their latest monetary policy meeting with Governor Andrew Bailey indicating the bank is actively reviewing a negative interest rate policy.
UK GDP data shows that the UK economy has not rebounded as much as hoped increasing by 1.8% against the forecast of 5.5%.
The pound sterling continues to struggle against the euro as the Eurozone economic recovery and Brexit have left GBPEUR levels trading near 1.11.
UK economic green shoots indicate signs of economic rebound causing sterling to gain over the euro and US dollar.
Boris Johnson's Coronavirus lockdown announcement has caused little impact for GBPEUR rates ahead of key UK GDP data release this week.
Pound sterling stable against the euro as Boris Johnson looks to reshuffle his ministerial cabinet.
With only 23 days left until the Brexit extension dealine, MPs hurry to scrutinise legislation for implementation into PM Johnson's Brexit Deal.
Latest YouGov and Kantar election polls indicate the Conservatives lead over Labour has narrowed.
Brexit timetable fails to pass in parliament as a general election looks the most likely option to break Brexit deadlock.
Bank of England interest rate decision and UK retails sales data today; ECB introduces further Quantitative Easing; US oil demand and Fed interest rate decision.
