EUR/GBP Exchange Rate Today, Forecast & News

EUR/GBP
Euro - British Pound
Open
0.86872-0.00077 (-0.09%)
As of: Sep 25, 2023 13:38 UTC
Open
0.86944
High
0.87025
Low
0.86862

Stats

Prev. Close

0.86948

Open

0.86944

Day's Range

0.86862 - 0.87025

52 Week Range

0.84365 - 0.92865

YTD Change

-1.82%

1 Year Change

-2.99%

Economic CalendarAll Events

Time zone: GMT

Friday, September 22nd 2023
Time	Currency	Event	Impact	Actual	Consensus	Previous
08:30	GBP	S&P Global/CIPS Services PMI FlashSep	Medium		49.2	49.5
10:00	GBP	CBI Industrial Trends OrdersSep	Medium		-18	-15

Monday, September 25th 2023
Time	Currency	Event	Impact	Actual	Consensus	Previous
08:00	EUR	Ifo Business ClimateSep	High		85	85.7
10:00	GBP	CBI Distributive TradesSep	Medium		-23	-44

Wednesday, September 27th 2023
Time	Currency	Event	Impact	Actual	Consensus	Previous
06:00	EUR	GfK Consumer ConfidenceOct	High		-24.8	-25.5
06:45	EUR	Consumer ConfidenceSep	Medium		85	85
09:30	EUR	10-Year Bund Auction	Medium			2.63%

EUR/GBP

This is classified as a major cross-currency pairing. Both currencies are among the top 4 most traded currencies in the world, with the cross pairing equal 8th most liquid pairing. The Pound also sits behind the EUR as the 3rd largest reserve currency. Transactions account for 3% of total transactions across the Forex market. Geopolitics and monetary policy divergence are key drivers for the pairing.

	Euro Area		United Kingdom
Interest Rate	4.5% Sep 23		5.25% Sep 23
Inflation Rate	5.2% Aug 23		6.7% Aug 23
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	N/A	N/A	Aa3Stable	AAStable