EUR/GBP Exchange Rate Today, Forecast & News

EUR/GBP
Euro - British Pound
Open
0.85770-0.00161 (-0.19%)
As of: May 16, 2024 17:57 UTC
Open
0.85930
High
0.86003
Low
0.85702

Stats

Prev. Close

0.85931

Open

0.85930

Day's Range

0.85702 - 0.86003

52 Week Range

0.84115 - 0.87831

YTD Change

-1.06%

1 Year Change

-1.21%

Economic CalendarAll Events

Time zone: GMT

Thursday, May 16th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
04:30	EUR	Unemployment RateApr	Medium	3.7%	3.6%	3.6%
08:00	GBP	BoE Financial Stability Report	Medium
08:00	EUR	Inflation Rate YoY FinalApr	Medium	0.8%	0.9%	1.2%
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		7.4%	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%

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