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 GBPEUR exchange rate has managed to hold above 1.16 this week partly due to the Scottish election results and the announcement by the governemnt of further easing of Covid rstrictions.
By Tom Holian
Sterling has performed well against most major currencies this week, up approx. 1.5% against the euro and 1% against the US dollar at the time of writing.
By Oliver Godwin
On the 10th May, Prime Minister Boris Johnson announced there would be further easing of Covid restrictions from the 17th of May 2021 and the path to normality will continue to run its course.
By Semran Suri
The pound made strong gains across the board yesterday with moves of over 1% against both the euro and the US dollar.
By James Lovick
The story for sterling in 2021 is one of confidence and optimism, as the UK vaccine rollout continues to deliver a positive outlook and mood for the pound.
By Jonathan Watson
Sterling exchange rates have remained fairly subdued over the last week or so with the GBP/EUR pairing struggling to find much support ahead of today's BoE meeting.
By Richard Nugent
The Bank of England (BoE) could tomorrow provide sterling with a shot in the arm helping taking the pound out of the recent lulls against the euro and US dollar.
By Ben Fletcher
With the long weekend over and May's trading opening this morning there is a lot to look forward to with a flurry of data releases.
By Andrew Jones
The pound to euro exchange rate has traded in a limited range this week with only a 0.5 percent difference between the high and low.
By Chris Doane
It’s been a slow start to the week for GBP rates just reaching the 1.15 mark during yesterday’s trading.
By Joseph Wright
An ING strategist has voiced that there may be some short-term optimism for the UK as strong retail sales, PMI, inflation and unemployment figures could support sterling rates.
By Craig Ince
After making gains earlier this week, sterling has found itself on the backfoot against the euro and US dollar as the economic advantage from the UK's vaccination drive begins to fade.
By Ben Small
Sterling has staged a comeback since lasts week's sell-off with today's unemployemnt data providing further support to GBP rates.
By Amelia Spencer
The GBPEUR exchange rate closed back above the 1.16 level after a strong Monday and the move gives hope that the recent sell-off of sterling was temporary.
By Steve Eakins