Ryan Morrison
on April 7th, 2026 The euro is holding its ground against the pound but losing it against the dollar. The shift in tone from the European Central Bank has been notable – senior officials are now saying the discussion at April’s meeting is between raising rates or keeping them the same. Rate cuts are no longer being considered. That is providing some support for the euro, but not enough to overcome dollar strength while oil prices remain elevated.
GBP/EUR past year
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