EUR/GBP Exchange Rate Today, Forecast & News

EUR/GBP
Euro - British Pound
Closed
0.86646+0.00087 (+0.10%)
As of: Sep 29, 2023 20:59 UTC
Open
0.86560
High
0.86803
Low
0.86420

Stats

Prev. Close

0.86560

Open

0.86560

Day's Range

0.86420 - 0.86803

52 Week Range

0.84365 - 0.91067

YTD Change

-2.07%

1 Year Change

-1.12%

Economic CalendarAll Events

Time zone: GMT

Friday, September 29th 2023
Time	Currency	Event	Impact	Actual	Consensus	Previous
08:30	GBP	Mortgage ApprovalsAug	Medium	45.354K	45K	49.532K
08:30	GBP	Mortgage LendingAug	Medium	£1.218B	£-0.16B	£0.201B
09:00	EUR	Inflation Rate YoY PrelSep	High	5.3%	5.3%	5.4%
09:00	EUR	Inflation Rate MoM PrelSep	Medium	0.2%	0.1%	0.3%

Monday, October 2nd 2023
Time	Currency	Event	Impact	Actual	Consensus	Previous
06:00	GBP	Nationwide Housing Prices MoMSep	Medium		-0.4%	-0.8%
06:00	GBP	Nationwide Housing Prices YoYSep	Medium		-5.7%	-5.3%
07:15	EUR	HCOB Manufacturing PMISep	Medium		46.5	46.5

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