EUR/GBP Exchange Rate Today, Forecast & News

EUR/GBP
Euro - British Pound
Open
0.85787-0.00024 (-0.03%)
As of: May 17, 2024 05:50 UTC
Open
0.85812
High
0.85922
Low
0.85592

Stats

Prev. Close

0.85812

Open

0.85812

Day's Range

0.85592 - 0.85922

52 Week Range

0.84115 - 0.87831

YTD Change

-1.04%

1 Year Change

-1.43%

Economic CalendarAll Events

Time zone: GMT

Thursday, May 16th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
08:00	EUR	Inflation Rate YoY FinalApr	Medium	0.8%	0.9%	1.2%
08:00	GBP	BoE Financial Stability Report	Medium
09:00	EUR	Balance of TradeMar	Medium	€4.341B	€4.77B	€6.000B

Friday, May 17th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
05:30	EUR	Unemployment RateQ1	Medium	7.5%	7.4%	7.5%
08:00	GBP	BoE Mann Speech	Medium

Monday, May 20th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
06:00	EUR	PPI MoMApr	Medium		0.1%	0.2%
08:00	EUR	Balance of TradeMar	Medium		€ -1.5B	€-2.4B

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% Apr 24		5.25% May 24
Inflation Rate	2.4% Apr 24		3.2% Mar 24
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	N/A	N/A	Aa3Stable	AAStable