Euro Forecast Directory - Page #103
A round up of the latest Euro forecast news items from the Currency News desk.
Growing BoE Rate Cut Speculation Prompts Pound to Euro Rate Slide
8 Oct 2024 at 7 AM - Written by Frank Davies
STORY LINK Growing BoE Rate Cut Speculation Prompts Pound to Euro Rate Slide
GBP/EUR Exchange Rate Struggles to Hold Above €1.19
The Pound to Euro (GBP/EUR) exchange rate started the week on a negative note as increased speculation regarding the pace of interest rate cuts from the Bank of England (BoE) pressured Sterling sentiment.
At the time of writing, GBP/EUR was trading around €1.1925, down...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Forecast for Week Ahead: 1.20 Fades, Where Next?
6 Oct 2024 at 9 PM - Written by Frank Davies
STORY LINK Pound to Euro Forecast for Week Ahead: 1.20 Fades, Where Next?
Credit Agricole remains comfortable with an end-2025 Pound to Euro (GBP/EUR) exchange rate forecast of 1.2050.
MUFG expects a retreat to 1.1765 by the third quarter of next year.
GBP/EUR posted sharp losses to 2-week lows near 1.1850 before a recovery to near 1.1950.
The Pound was undermined by dovish comments from Bank of...
CATEGORIES: Pound Euro Forecasts
Pound to Euro End-of-Week Forecast: GBP/EUR Nosedives following BoE Remarks
4 Oct 2024 at 12 PM - Written by John Cameron
STORY LINK Pound to Euro End-of-Week Forecast: GBP/EUR Nosedives following BoE Remarks
The Pound Euro exchange rate plunged on Thursday as the currency pairing was severely undermined by the latest commentary from Bank of England Governor Andrew Bailey.
At the time of writing, the GBP/EUR was trading at around €1.1887, down roughly 1% from Thursday’s opening levels.
The Pound (GBP) tumbled against the majority of...
CATEGORIES: Pound Euro Forecasts
GBP to EUR Exchange Rate Flat amid Lack of Impactful Data - Pound Euro Today
3 Oct 2024 at 1 PM - Written by John Cameron
STORY LINK GBP to EUR Exchange Rate Flat amid Lack of Impactful Data - Pound Euro Today
The Pound to Euro (GBP/EUR) exchange rate remained relatively stable on Tuesday, with the currency pair fluctuating within a tight range. This was due to the absence of significant data and a mix of other influencing factors.
At the time of writing, GBP/EUR was trading around €1.2002, virtually unchanged from its opening...
CATEGORIES: Pound Euro Forecasts
Pound Sterling Update: GBP to EUR Rate Flat despite cooling Eurozone Inflation
2 Oct 2024 at 11 AM - Written by John Cameron
STORY LINK Pound Sterling Update: GBP to EUR Rate Flat despite cooling Eurozone Inflation
The Pound to Euro (GBP/EUR) exchange rate traded sideways on Tuesday morning leaving the pairing just below the 29-month high struck on Monday.
At the time of writing, GBP/EUR was trading at approximately €1.2009, showing little movement from Tuesday’s opening levels.
The Euro (EUR) wad muted on Tuesday following the release...
CATEGORIES: Pound Euro Forecasts
Pound Euro Exchange Rate Flat following German CPI
1 Oct 2024 at 9 AM - Written by John Cameron
STORY LINK Pound Euro Exchange Rate Flat following German CPI
The Pound Euro (GBP/EUR) exchange traded sideways on Monday following the publication of Germany’s latest consumer price index (CPI).
At the time of writing, the GBP/EUR was trading at around €1.1966, virtually unchanged from Thursday’s opening levels.
Euro (EUR) Unchanged following German Inflation
The Euro (EUR) managed...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Forecast for Week Ahead: 1.20 Buying Back in Near-Term?
29 Sep 2024 at 10 AM - Written by John Cameron
STORY LINK Pound to Euro Forecast for Week Ahead: 1.20 Buying Back in Near-Term?
Danske Bank expects that the Pound to Euro (GBP/EUR) exchange rate will strengthen to 1.2050 in the near term before a retreat to 1.1765 on a 12-month view.
ING also sees a near-term peak at 1.2050 while Nordea forecasts losses to 1.1365 at the end of 2025.
GBP/EUR hit 2-year highs at 1.2030 before settling just below 1.20.
UK...
CATEGORIES: Pound Euro Forecasts
Rampant Pound Takes a Break, GBP to EUR Rate at 2-Year Best
29 Sep 2024 at 9 AM - Written by John Cameron
STORY LINK Rampant Pound Takes a Break, GBP to EUR Rate at 2-Year Best
After a surge earlier in the week, the Pound was subjected to a correction on Wednesday, although overall sentiment held firm, especially with the dollar struggling as EUR/USD broke above the 1.12 level for the first time since July 2023.
The Pound to Euro (GBP/USD) exchange rate retreated to near 1.1960 from 2-year highs just above...
CATEGORIES: Pound Euro Forecasts
Pound Euro Exchange Rate Rises amid BoE-ECB Policy Divergence
27 Sep 2024 at 8 AM - Written by John Cameron
STORY LINK Pound Euro Exchange Rate Rises amid BoE-ECB Policy Divergence
The Pound Euro (GBP/EUR) exchange rate saw a slight rise early in Thursday's session, bolstered by the expected policy divergence between the Bank of England (BoE) and the European Central Bank (ECB), along with a risk-on market mood.
At the time of writing, GBP/EUR was trading at €1.1985, marking a 0.2% increase for the day.
The...
CATEGORIES: Euro Forecasts Pound Sterling Forecasts
Pound to Euro Retreats from 1.20
26 Sep 2024 at 8 AM - Written by John Cameron
STORY LINK Pound to Euro Retreats from 1.20
The Pound Euro (GBP/EUR) exchange rate dropped on Wednesday morning as the pairing pulled back from its 26-month high seen earlier in the week.
The Pound (GBP) fell back on Wednesday as GBP investors sought to book their profits in the wake of Sterling’s recent surge.
GBP exchange rates have rallied to multi-month highs over the...
CATEGORIES: Pound Euro Forecasts