GBP to EUR

british pound falling coins

The Sterling Pound Weakens

Sterling exchange rates have taken another hit today. It broke through the range that it has been stuck in for the last month. The GBP/EUR exchange rates are nearing the lowest levels they have ever been at since November 8th, when the elections in the U.S. concluded. If you sell currency to buy Pounds, then this may be the time to do it. If you’re looking to buy foreign currency sometime in the future, then you will probably be a bit concerned. This is because of the level of resistance being shown. The markets have listened to David Broadbent, who…


Inflation Grows

Is The Pound Going To Continue Its Selloff Past Recent Gains Due To Inflation Fears?

While unemployment is down in the UK and at a level not seen in 42 years, average wages aren’t doing so hot when matched up against inflation. That is a problem for workers in the UK that are trying to find affordable living in the country’s economic climate. The pound has also been sold off as of late, and this is a result stemming from the news about inflation outpacing wages. Any news like that is going to impact the market, and the economics behind the message is very clear. Since there is an election taking place, the normal approach…


Person with ubrella near London Stock Exchange

Pound Rate Gained Boost Against Euro And Dollar

Heading into the weekend, buying US Dollar, Euro and the Australian Dollar exchange rates received a boost. This appears to be a reaction of Article 50 being triggered. Let’s not forget to mention that the European response probably affected the rates, too. People who follow this site probably know that when Article 50 was triggered last Wednesday didn’t really overwhelm the currency markets. A good example of this is the Pound to Euro exchange rates. Those rates were pretty slow throughout the day, which one may not have expected because there has been talks about triggering Article 50 for months….