Tag Archives: Pound

Pound to euro exchange rate: Interest rate hold and soaring UK retail sales aid sterling

The pound has recovered against the euro after a week of fluctuating rates. According to Bloomberg, the pound is currently trading at €1.145 against the euro. Today’s rates have picked up from yesterday’s figures which saw a drop to €1.134. Recent announcements from the ECB regarding interest rates have helped the UK exchange rate to recover, ending the week on ...

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Pound to euro exchange rate: Sterling ‘sent stumbling’ ahead of UK employment figures

The pound to euro has fallen in favour of the European currency today, Tuesday 12 June. Pound sterling is converting to €1.1351 according to Bloomberg figures correct at 7:20am this morning. This compared to yesterday when it converted to the higher value of €1.136. Laura Parsons, currency analyst at TorFX, told Express.co.uk negative employment data today could furthe… Daily Express ...

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Pound to euro exchange rate: Sterling climbs AGAIN following UK inflation woes

The pound has improved against the euro for the second day this week. The exchange rate opened this week at £1.143, before falling to £1.139. It is currently trading at £1.142, recovering from yesterday’s figures. The Bank of England’s policymaker Gertjan Vlieghe’s claimed interest rates, which haven’t increased since November 2017, could increase six more times… Daily Express :: Travel ...

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Pound to euro exchange rate: Sterling climbs amid Vlieghe claims of interest rate increase

The pound has improved against the euro after a slow start to the week saw it fall. The exchange rate opened at £1.143, before dropping to £1.139. Uncertainty surrounding interest rates and Brexit had a negative effect on the pound. After comments from the Bank of England’s policymaker Gertjan Vlieghe regarding interest rate hikes, the pound recovered to reach £1.140…. ...

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Pound to euro exchange rate: Can sterling edge higher after ‘upbeat UK construction data’?

Data released yesterday revealed that the UK construction sector has picked up after a slow start to the year. The ‘beast from the east’ slowed housebuilding according to The Independent, with the cold winter pausing progress. UK construction accounts for six per cent of the economy. The latest health check stated this was returning to growth this month. The associate ...

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