Pound Euro forecast page 7 - GBP EUR
A round up of the latest Pound Euro forecast news items from the Currency News desk.
LIVE EXCHANGE RATE |
07:37:43 |
Pound Euro Rate » |
GBP/EUR |
-0 |
Days Low |
Days High |
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1.16572 |
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-0.02% |
1.16549 |
1.16621 |
1.16598 |
Pound to Euro Exchange Rate: Weaker Equities Limit Sterling Buying Interest
3 Jan 2024 at 9 PM - Written by David Woodsmith
STORY LINK Pound to Euro Exchange Rate: Weaker Equities Limit Sterling Buying Interest
The Pound to Euro exchange rate was unable to hold 1.1565 highs on Tuesday with a retreat to 1.1520 before a fresh advance to 1.1550 on Wednesday. GBP/EUR will still find it difficult to make significant headway if equities remain under pressure. The FTSE 100 index traded close to 0.5% lower on Wednesday with a 0.7% retreat for the...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Rate Recovery Attempt Stumbles as Sterling on Defensive
2 Jan 2024 at 8 PM - Written by John Cameron
STORY LINK Pound to Euro Rate Recovery Attempt Stumbles as Sterling on Defensive
Both the Euro (EUR) and Pound Sterling (GBP) came under significant pressure against the dollar on Tuesday. The Pound to Euro (GBP/EUR) exchange rate briefly recovered to highs above 1.1560 before a fresh retreat to near 1.1520 amid fragile global risk conditions. Trading volumes remained relatively low and there was substantial...
CATEGORIES: Pound Euro Forecasts
Pound to Euro: Danske Bank Forecasts Sterling at 1.1235 in 12 Months
24 Dec 2023 at 9 AM - Written by John Cameron
STORY LINK Pound to Euro: Danske Bank Forecasts Sterling at 1.1235 in 12 Months
Foreign exchange analysts at Danske Bank expect that the Pound to Euro exchange rate will weaken to 1.1235 on a 12-month view. HSBC expects the Pound will be able to hold its ground and forecasts an end-2024 rate of 1.1630. Exchange Rates UK Research brings you the latest institutional forecasts (Danske Bank, HSBC, MUFG, Nordea, Soc...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Forecast: 1.1495 in Next Six Months
21 Dec 2023 at 6 PM - Written by David Woodsmith
STORY LINK Pound to Euro Forecast: 1.1495 in Next Six Months
GBP/EUR Exchange Rate Posts Fresh December Lows Amid On-Going Shift in Bank of England Expectations The Pound overall has drifted lower in global markets over the past 24 hours, although ranges have been relatively narrow. The Pound to Euro (GBP/EUR) exchange rate was unable to regain losses on Wednesday and retreated to fresh...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Week Ahead Forecast: Euro-Zone Concerns to Support Sterling
17 Dec 2023 at 7 PM - Written by Tim Boyer
STORY LINK Pound to Euro Week Ahead Forecast: Euro-Zone Concerns to Support Sterling
Foreign exchange analysts at Danske Bank expect the Euro (EUR) to gradually grind higher against Pound Sterling (GBP). They expect the Pound to Euro (GBP/EUR) exchange rate to weaken to 1.1235 over 2024. In contrast, Rabobank now sees scope for GBP/EUR gains to 1.1900 on a 9-12-month view. A key issue will be whether tight...
CATEGORIES: Pound Euro Forecasts
Pound Sterling Boosted After Rebound in UK Services Activity
17 Dec 2023 at 7 PM - Written by Frank Davies
STORY LINK Pound Sterling Boosted After Rebound in UK Services Activity
GBP/EUR Exchange Rate Strengthens as Rebound in UK Services Activity Boosts the Pound UK services-sector activity strengthened to a 6-month high for December while the Euro-Zone economy remained in contraction territory. The UK data gave some credibility to Bank of England hawkish rhetoric while doubts that the ECB stance is...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Rebound Attempt Fails as BoE, ECB Both Reject talk of Rate Cuts
15 Dec 2023 at 12 PM - Written by James Fuller
STORY LINK Pound to Euro Rebound Attempt Fails as BoE, ECB Both Reject talk of Rate Cuts
The Bank of England (BoE) and ECB both met expectations on Thursday with no changes to interest rates and both pushed back against market expectations of lower interest rates anytime soon. Given the recent shift in pricing, there was scope for a significant adjustment in market rate expectations which boosted the Pound and Euro on...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Mid-Week Forecast: BoE and ECB Guidance in Focus
13 Dec 2023 at 9 PM - Written by Frank Davies
STORY LINK Pound to Euro Mid-Week Forecast: BoE and ECB Guidance in Focus
Weaker-than-expected UK GDP data on Wednesday triggered Pound losses with the Pound to Euro (GBP/EUR) exchange rate sliding to 10-day lows around 1.1610. The data will not have an impact on Thursday’s Bank of England decision, but there will be a stronger conviction of notable rate cuts in 2024. Money markets are currently pricing...
CATEGORIES: Pound Euro Forecasts