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

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Pound Euro (GBP/EUR) Exchange Rate Rises on Sliding German Consumer Confidence

10 Aug 2021 at 3 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Rises on Sliding German Consumer Confidence

GBP/EUR Exchange Rate Edges Higher as German and Eurozone Economic Sentiment Shrinks The Pound Euro (GBP/EUR) exchange rate rose by 0.2% today following the release of the latest Eurozone ZEW survey of economic sentiment for August, which fell below forecasts and contraction from 61.2 to 42.7. The pairing is currently fluctuating around...

CATEGORIES: Euro Forecasts Pound Euro Forecasts

Pound Euro Exchange Rate Dips as UK Factories Face Shortages and Rising Costs

2 Aug 2021 at 2 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Dips as UK Factories Face Shortages and Rising Costs

GBP/EUR Exchange Rate Falls as UK Economic Uncertain Weighs on Sterling The Pound Euro (GBP/EUR) exchange rate dipped today following reports that UK factories are facing shortages and rising costs, despite factory output remaining strong in July. The pairing is currently trading around €1.16. Today’s UK Markit manufacturing figure...

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Pound Euro Exchange Rate Rises as UK Factory Orders and Output Soars to New Highs

22 Jul 2021 at 2 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Rises as UK Factory Orders and Output Soars to New Highs

GBP/EUR Exchange Rate Rises, UK Factory Growth Boosts Sterling The Pound Euro (GBP/EUR) exchange rate rose by 0.4% today as UK factory output and orders surged to their highest growth rate since the 1970s, buoying confidence in the UK economy. The pairing is currently trading around €1.16. Analysts at CBI Economics commented on the UK...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound Euro Exchange Rate Falls, UK to Face ‘Summer of Chaos’ says Labour Leader

19 Jul 2021 at 3 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Falls, UK to Face ‘Summer of Chaos’ says Labour Leader

GBP/EUR Exchange Rate Sinks, England Lifts Lockdown Restrictions The Pound Euro exchange rate fell by -0.3% today despite England lifting all Covid-19 restrictions on ‘freedom day’. Labour leader Keir Starmer described the decision as being ‘reckless’ setting up the UK for a ‘summer of chaos’. The pairing is trading around...

CATEGORIES: Euro Forecasts Pound Euro Forecasts

Pound Euro Exchange Rate Edges Higher as UK ‘Set Fair’ to Easing Lockdown Restrictions in July

28 Jun 2021 at 4 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Edges Higher as UK ‘Set Fair’ to Easing Lockdown Restrictions in July

GBP/EUR Exchange Rate Rises on Optimism Over Easing of Lockdown Measures Next Month The Pound Euro exchange rate rose by 0.2% today after UK Prime Minister Boris Johnson said the UK is ‘set fair’ for lifting the remaining Covid-19 lockdown restrictions on 19 July. The pairing is currently fluctuating around €1.16. Commenting on the...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Rangebound as UK Factory Activity Soars

22 Jun 2021 at 2 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Rangebound as UK Factory Activity Soars

GBP/EUR Exchange Rate Steady as England ‘on track’ to Lifting Lockdown Restrictions in July The Pound Euro exchange rate held steady today following the release of the latest UK manufacturing activity gauge for the free months leading to June. Data revealed that factories recorded their fastest growth since at least the 1970s. The...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Dips as UK is Expected to Delay Easing of Lockdown Measures

14 Jun 2021 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Dips as UK is Expected to Delay Easing of Lockdown Measures

GBP/EUR Exchange Rate Falls, Could Boris Johnson Delay Easing of Lockdown Restrictions This Month? The Pound Euro exchange rate dipped by -0.2% this morning as Prime Minister Boris Johnson is now expected to delay the end of lockdown restrictions on 21 June, with a view to pushing it back by up to four weeks. The pairing is currently trading...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound Euro Exchange Rate Dips as UK Government Remains ‘Open’ About Easing Lockdown in June

8 Jun 2021 at 4 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Dips as UK Government Remains ‘Open’ About Easing Lockdown in June

GBP/EUR Exchange Rate Slips Despite Strong UK Retail Data The Pound Euro exchange rate slipped by -0.2% today as a result of this week’s comments from UK Health Secretary Matt Hancock, who said that the Government was ‘open’ about delaying the easing lockdown restrictions on 21 June. The pairing is currently fluctuating around €1.15....

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound Euro Exchange Rate Falls as March’s UK Services PMI is Revised Down

7 Apr 2021 at 4 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Falls as March’s UK Services PMI is Revised Down

GBP/EUR Exchange Rate Sinks as UK Markets Become Increasingly Cautious The Pound Euro (GBP/EUR) exchange rate fell by -0.8% today after the UK’s Services PMI for March was revised lower due to a decrease in business activity. The pairing is currently fluctuating around €1.15. Tim Moore, Economics Director at IHS Markit, commented on...

CATEGORIES: Euro Pound Forecasts Pound Euro Forecasts

Pound to Euro Rates Steady as UK Covid-19 Vaccine Rollout Buoys Business Morale

3 Feb 2021 at 4 PM - Written by John Cameron

STORY LINK Pound to Euro Rates Steady as UK Covid-19 Vaccine Rollout Buoys Business Morale

GBP/EUR Exchange Rate Rangebound as Fears Rise Over UK Contraction The Pound to Euro exchange rate held steady today, with the pairing currently fluctuating around €1.13. Sterling was rangebound against the single currency today despite concerns that the UK economy could be set for a contraction in the first quarter. However, the...

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