The currency slide was driven by intensifying concerns over a deepening fiscal crisis in France and emerging political risks across the region. Market participants have moved away from the euro as stability worries mount in the European Union's second largest economy.
Tuesday, October 20, 2026
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Euro Hits Lowest Level Against Pound Since June 2025
Global Markets14 days ago
The EUR/GBP exchange rate dropped 0.3% to 0.84528 on Wednesday, ending the session under pressure from heavy selling. This decline shifted the common currency to its weakest point against the British pound since June 2025 and pushed sterling to a 16 month high.
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