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Euro forecast - eur euro

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

Pound Euro Exchange Rate News: GBP/EUR Wavers amid Rising Global Recession Fears

29 Jun 2022 at 12 PM - Written by John Cameron

Pound (GBP) Fluctuates as Cost-of-Living Crisis Hints Further at Impending Recession The Pound (GBP) strengthened modestly overnight but was soon found wavering as recession and Brexit pressures continue to weigh on Sterling. Investors grew increasingly concerned about the fallout from the Northern Ireland protocol and the UK’s...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate Trades Narrowly as UK-EU Tensions Grow

28 Jun 2022 at 2 PM - Written by John Cameron

Pound Euro (GBP/EUR) Exchange Rate Rangebound amid Risk-On Mood The Pound Euro (GBP/EUR) exchange rate is trading within a narrow range today. UK-EU Brexit tensions are likely weighing on the currency pair, as well as reduced bets on hawkish action from the Bank of England (BoE). Hawkish comments from European Central Bank (ECB)...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Rebounds from 4-Day Low, Wavers Post US-Data

27 Jun 2022 at 5 PM - Written by John Cameron

GBP/EUR Exchange Rate Weakens Following Rebound The Pound Euro (GBP/EUR) exchange rate is levelling this afternoon following a rebound as US data impressed. As the US economy is the world’s largest, positive American data buoys global risk sentiment and lent GBP tailwinds. At the time of writing, GBP/EUR is trading at...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Plummets as UK Inflation Creeps Up to 9.1%

22 Jun 2022 at 11 AM - Written by John Cameron

Pound (GBP) Drops Sharply as Inflation Hits New 40 Year Highs The Pound (GBP) took a nosedive today as soaring living costs and record high petrol prices fuel inflation propelling the UK’s consumer price index to its highest level since 1982. The CPI figures printed at 9.1% up from last month’s 9%. The latest rise in inflation...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate Ticks Lower as UK Food Inflation Hits 13-Year High

21 Jun 2022 at 4 PM - Written by John Cameron

Pound Euro (GBP/EUR) Exchange Rate Edges Lower amid Hawkish ECB The Pound Euro (GBP/EUR) exchange rate is trending lower today. A downturn to UK manufacturing growth may be limiting gains for the currency pair, although expectations of further Bank of England (BoE) rate hikes could be underpinning the exchange rate. Additionally,...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Slopes despite French Parliamentary Uncertainty

20 Jun 2022 at 5 PM - Written by John Cameron

GBP/EUR Exchange Rate Weakens in French Election Aftermath The Pound Euro (GBP/EUR) exchange rate sloped gently lower today, despite a degree of political uncertainty in the bloc following the loss of French President Emmanuel Macron’s parliamentary majority. The presence of a risk-off market mood may have helped the Euro (EUR)...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate Rangebound as EU Inflation Hits Record High

17 Jun 2022 at 1 PM - Written by John Cameron

Pound Euro (GBP/EUR) Exchange Rate Trends Sideways as Recession Fears Grow The Pound Euro (GBP/EUR) exchange rate is trading narrowly today. A poor outlook for the UK’s economy is likely weighing upon the currency pair today, as well as an underwhelming rate hike from the Bank of England(BoE) on Thursday. A risk-off trading sentiment...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Drops Sharply after Expected BoE Rate Decision

16 Jun 2022 at 3 PM - Written by John Cameron

Pound (GBP) Drops Sharply as BoE Announce 25bps Rate Hike The Pound (GBP) is sliding further today after the Bank of England (BoE) announced an expected 25bps interest rate hike today, bringing its main rate to 1.25%, the highest in 13 years. With a unanimous 9-0 vote on a rate hike, the nine-member Monetary Policy Committee (MPC) voted...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate Slides as UK Unemployment Climbs

14 Jun 2022 at 11 AM - Written by John Cameron

Pound Euro (GBP/EUR) Exchange Rate Falls amid NI Protocol Fears The Pound Euro (GBP/EUR) exchange rate is slipping lower today. Disappointing UK unemployment figures may be limiting gains for the currency pair today, as well as concerns over the Northern Ireland Protocol. A rise to Germany’s May inflation figures may also be pulling...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Sinks as UK GDP Contracts

13 Jun 2022 at 4 PM - Written by John Cameron

GBP/EUR Exchange Rate Weakens on GDP Shock The Pound Euro (GBP/EUR) exchange rate is sliding down this afternoon, following a weak GDP release from the UK this morning. Against its other peers, the Euro (EUR) is also succumbing to some downside amidst a lack of EU data. At the time of writing, GBP/EUR is trading at €1.1651,...

CATEGORIES: Pound Euro Forecasts