EUR/GBP Exchange Rate Today, Forecast & News

EUR/GBP
Euro - British Pound
Open
0.85998-0.00048 (-0.06%)
As of: May 13, 2024 03:03 UTC
Open
0.86046
High
0.86133
Low
0.85940

Stats

Prev. Close

0.86046

Open

0.86046

Day's Range

0.85940 - 0.86133

52 Week Range

0.84115 - 0.87831

YTD Change

-0.80%

1 Year Change

-1.37%

Economic CalendarAll Events

Time zone: GMT

Friday, May 10th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
06:00	GBP	GDP MoMMar	High	0.4%	0.1%	0.2%
06:00	GBP	GDP Growth Rate YoY PrelQ1	High	0.2%	0%	-0.2%
08:00	EUR	Industrial Production MoMMar	Medium	-0.5%	0.3%	0%
11:15	GBP	BoE Pill Speech	Medium

Tuesday, May 14th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
06:00	EUR	Inflation Rate YoY FinalApr	Medium		2.2%	2.2%
06:00	GBP	Employment ChangeMar	Medium		-210.0K	-156K
06:00	EUR	Inflation Rate MoM FinalApr	Medium		0.5%	0.4%

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