Euro (EUR)

EUR/GBP - Today's data summary

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Price Pound sterling
As of 06:30 23 Jan 2020

EUR/JPY - Today's data summary

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Price Yen
As of 06:30 23 Jan 2020

EUR/USD - Today's data summary

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Price US dollars
As of 06:30 23 Jan 2020

Latest updates

Sterling ticks lower

The pound ticked lower on the dollar on Friday remains above the $1.31 level.

Sterling is down 0.19% $1.3133 and off 0.11% against the euro at €1.1838.

Pound climbs higher

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Sterling is continuing to make gains on the dollar and the euro.

The pound is up 0.24% at $1.3136 and is ahead of the single currency at €1.1842.

Eurozone growth beats slowdown expectations

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Eurozone economic growth in the third quarter beat market expectations of a slowdown and was steady quarter-on-quarter.

European Union statistics office Eurostat estimated gross domestic product in the 19 countries sharing the euro grew 0.2% in the July-September period against the previous three months, the same as in the second quarter.

Inflation slowed because of a sharp fall in energy prices.

BBC economics correspondent Andrew Walker said the figures were "overall pretty lacklustre but could have been worse".

Pound rebounds, slightly

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The pound has bounced back, slightly.

After a fairly dismal day that has seen sterling slide by as much as 0.9% against the dollar to trade as low as $1.25 - and undo a lot of last week's gains, the currency recovered some ground this afternoon.

It's now down 0.1% against the dollar and has gained slightly against the euro.

Currently, £1 is worth $1.26 and €1.15.

Pound claws back ground but remains down

The pound has regained a little ground against the dollar and the euro following comments by Bank of England policymaker Michael Saunders about post-Brexit interest rates but is still trading down.

Sterling is off 0.24% against the dollar at $1.2294. It is down 0.27% on the euro at €1.1255.

Market sentiment improves

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Ricardo Evangelista, senior analyst, at ActivTrades, has also been looking at the euro after the European Central Bank announcement on Thursday.

"Despite the announcement of a rate cut, the start of a new asset purchase program and fresh bank incentives, the markets appear, for now, unwilling to walk away from the single currency.

"The European Central Bank sent out a clear message, that no effort will be spared to create more accommodating conditions for growth and to closer to the target inflation; this appears to have inspired confidence in investors, that better days lie ahead for the continent’s economy.

At the same time, positive signs coming from both Washington and Beijing have lightened up market sentiment, leading to greater risk appetite, which is beneficial for the euro".

Pound remains in the doldrums

Pounds, euros and dollars
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The value of the pound remained in the doldrums today as investors scrabble to sell the currency amid worries that a general election in the UK could add to Brexit uncertainty.

Now worth less than $1.20, the pound has lost 20% of its value against the dollar since the Brexit referendum and is regularly trading at its lowest level since 1985, barring a brief "flash crash" in October 2016 when it fell as low as $1.15.

The pound is down 0.4% against the euro and 0.7% against the dollar.

Pound flat

After a tumultuous week that has seen the value of the pound fluctuate against both the euro and the dollar, sterling has been relatively stable so far today.

At present £1 is worth €1.10 and $1.22 on currency markets.