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Euro Pound forecast page 4 - EUR GBP

A round up of the latest Euro Pound forecast news items from the Currency News desk.

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Pound Sterling and Euro Both Struggle - Foreign Exchange News

5 Feb 2024 at 7 PM - Written by John Cameron

STORY LINK Pound Sterling and Euro Both Struggle - Foreign Exchange News

Foreign exchange update: The Pound to Euro exchange rate (GBPEUR) found support below the 1.1700 level in Asia on Monday and strengthened to near 1.1720 after the European open. Markets overall are more confident over the UK economic outlook and Euro-Zone investor confidence improved in February, but the Pound and Euro have both lost...

CATEGORIES: Euro Forecasts Pound Euro Forecasts Pound Sterling Forecasts

Euro to Pound Forecast: "EURGBP consolidate around 0.87" say Barclays

28 Nov 2023 at 3 PM - Written by Tim Boyer

STORY LINK Euro to Pound Forecast: "EURGBP consolidate around 0.87" say Barclays

The Pound Euro exchange rate (GBP/EUR) hit 3-week highs at 1.1550 on Monday before settling around 1.1535 with little change on Tuesday. UK equities retreated on Monday and registered further losses on Tuesday with weaker risk conditions tending to limit the scope for further Pound buying. Andrew Jones, portfolio manager at Janus...

CATEGORIES: Euro Pound Forecasts Pound Euro Forecasts

Pound to Euro Forecast: Scope to Rise to 1.1765 say ANZ

12 Oct 2023 at 12 PM - Written by John Cameron

STORY LINK Pound to Euro Forecast: Scope to Rise to 1.1765 say ANZ

Foreign exchange strategists at ANZ maintain a positive stance on the Pound to Euro (GBP/EUR) exchange rate, primarily due to expectations that the Euro-Zone will underperform the UK with heightened recession risks. It sees scope for GBP/EUR to strengthen to 1.1765. In contrast, MUFG expects that GBP/EUR will weaken to 1.1235 on a...

CATEGORIES: Pound Euro Forecasts Pound Sterling Forecasts

Pound Euro News: GBP/EUR Exchange Rate Rises as UK Inflation Climbs to 10.4%

22 Mar 2023 at 11 AM - Written by John Cameron

STORY LINK Pound Euro News: GBP/EUR Exchange Rate Rises as UK Inflation Climbs to 10.4%

The Pound Euro (GBP/EUR) exchange rate jumped on Wednesday morning after a surprise rise in UK inflation boosted Bank of England (BoE) interest rate rise bets. At the time of writing, GBP/EUR was trading at around €1.1369, having gained 0.2% on the day. Pound (GBP) Jumps as UK CPI Boosts BoE Bets The Pound (GBP) rallied on...

CATEGORIES: Euro Forecasts Pound Euro Forecasts Pound Sterling Forecasts

Pound Euro Exchange Rate News: GBP/EUR On the Back Foot as ECB Speculation Grips Trade

13 Sep 2022 at 8 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR On the Back Foot as ECB Speculation Grips Trade

GBP/EUR Exchange Rate Weakened by Speculative EUR Investors The Pound to Euro (GBP/EUR) exchange rate dropped on Monday as speculation of another 75bps rate hike from the European Central Bank (ECB) cheered EUR investors. At time of writing the GBP/EUR exchange rate traded at around €1.1510, which was roughly down 0.2% from Monday’s...

CATEGORIES: Euro Pound Forecasts

Pound Euro Exchange Rate News: GBP/EUR Directionless in Subdued Market Mood

9 Sep 2022 at 4 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Directionless in Subdued Market Mood

GBP/EUR Exchange Rate Sluggish Amid Muted Market Mood The Pound to Euro (GBP/EUR) exchange rate was sluggish on Friday as the passing of Queen Elizabeth and the Eurozone’s upcoming emergency energy meeting subdued trading. At time of writing the GBP/EUR exchange rate traded at around €1.1510, which barely changed from Friday’s...

CATEGORIES: Euro Pound Forecasts

Pound Euro Exchange Rate News: GBP/USD Strengthens as Liz Truss Plans Crisis Package

6 Sep 2022 at 1 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/USD Strengthens as Liz Truss Plans Crisis Package

GBP/EUR Exchange Rate Gains ahead of Energy Price Intervention The Pound to Euro (GBP/EUR) exchange rate strengthened on Tuesday as investors waited for Liz Truss’ first speech as Prime Minister. At time of writing the GBP/EUR exchange rate traded at around €1.1659, up roughly 0.3% from Tuesday’s opening level. Pound (GBP)...

CATEGORIES: Euro Pound Forecasts

Pound Euro (GBP/EUR) Exchange Rate Climbs as Fuel Concerns Fade

30 Sep 2021 at 1 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Climbs as Fuel Concerns Fade

GBP/EUR Regains Ground as Fuel Supplies Stabilise The Pound Euro (GBP/EUR) exchange rate has strengthened this morning, as the UK’s fuel supply crisis is back under control and the UK posts some positive data. Meanwhile, German employment data printed below forecasts, which may be denting EUR exchange rates. Pound (GBP)...

CATEGORIES: Euro Forecasts Pound Euro Forecasts

Pound Euro Exchange Rate Dips as UK Covid-19 Fears Weigh on Sterling

19 Aug 2021 at 3 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Dips as UK Covid-19 Fears Weigh on Sterling

GBP/EUR Exchange Rate Falls, Delta Variant Uncertainty Weakens UK Market Confidence The Pound Euro (GBP/EUR) exchange rate dipped by 0.4% today as growing uncertainty over the Delta variant of the coronavirus weakens confidence in the UK’s economic recovery. The pairing is currently trading around €1.16. Today saw reports that fully...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Rangebound Despite Strong UK GDP Data

12 Aug 2021 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Rangebound Despite Strong UK GDP Data

GBP/EUR Exchange Rate Steady, UK GDP Receives Boost from Easing of Lockdown Measures The Pound Euro (GBP/EUR) exchange rate held steady today following the release of the flash UK GDP data for the second quarter, which confirmed forecasts and rose by 4.8%. The pairing is currently trading around €1.17. Sterling has benefited from the...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

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