Weekly market update ·
Pound slips against the euro: week to 7 Aug 2026
Sterling fell 0.22% against the euro, rose 0.22% against the US dollar and rose 0.23% against the Swiss franc in the week to 7 August 2026.
The week in numbers
| Pair | Open | Close | Change | Range |
|---|---|---|---|---|
| GBP/EUR | 1.1686 | 1.1660 | -0.22% | 1.1660–1.1686 |
| GBP/USD | 1.3421 | 1.3450 | +0.22% | 1.3421–1.3479 |
| GBP/CHF | 1.0873 | 1.0898 | +0.23% | 1.0873–1.0905 |
| GBP/AED | 4.9289 | 4.9395 | +0.22% | 4.9289–4.9502 |
| GBP/HKD | 10.527 | 10.551 | +0.23% | 10.527–10.572 |
Pound vs euro, last 30 days
It was a quiet week for pound-euro, with no single day moving more than a fraction of a percent.
The pound finished near the bottom of its four-week range against the euro, so euros were costing more than at any point this month.
Because the UAE dirham and Hong Kong dollar track the US dollar, anyone paying in dirhams or HK dollars saw a similar move to GBP/USD, which gained 0.22%.
From high to low, GBP/EUR covered 0.22% this week. On a €500,000 purchase, that's £954 between the best and worst day to buy.
What it meant in real money
A €500,000 property cost
£428,816
£954 more than at the start of the week
A CHF 150,000 watch cost
£137,640
£316 less than at the start of the week
At mid-market reference rates, before any provider margin.
Figures are European Central Bank reference rates (UAE dirham derived from the US dollar peg). Past movements don't predict future rates. This update is general information, not financial advice. See today's figures on our exchange rates page.