EUR/GBP Exchange Rate Today, Forecast & News

EUR/GBP
Euro - British Pound
Closed
0.87944-0.00203 (-0.23%)
As of: Mar 24, 2023 20:59 UTC
Open
0.88147
High
0.88271
Low
0.87773

Stats

Prev. Close

0.88147

Open

0.88147

Day's Range

0.87773 - 0.88271

52 Week Range

0.82499 - 0.92865

YTD Change

-0.61%

1 Year Change

5.41%

Economic CalendarAll Events

Time zone: GMT

Friday, March 24th 2023
Time	Currency	Event	Impact	Actual	Consensus	Previous
08:30	EUR	S&P Global Services PMI FlashMar	Medium	53.9	51	50.9
09:30	GBP	S&P Global/CIPS UK Services PMI FlashMar	Medium	52.8	53	53.5
09:30	GBP	S&P Global/CIPS Manufacturing PMI FlashMar	Medium	48	49.8	49.3
16:00	GBP	BoE L Mann Speech	Medium

Monday, March 27th 2023
Time	Currency	Event	Impact	Actual	Consensus	Previous
08:00	EUR	Ifo Business ClimateMar	High		91	91.1
10:00	EUR	Unemployment Benefit ClaimsFeb	Medium		6.0K	-8.1K
10:00	GBP	CBI Distributive TradesMar	Medium		-6	2

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	3.5% Mar 23		4.25% Mar 23
Inflation Rate	8.5% Feb 23		10.4% Feb 23
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	N/A	N/A	Aa3Stable	AANegative