Euro Forecast Directory - Page #129
A round up of the latest Euro forecast news items from the Currency News desk.
Pound Euro (GBP/EUR) Exchange Rate Dips despite Elevated BoE Rate Hike Bets
12 Jun 2023 at 11 AM - Written by John Cameron
STORY LINK Pound Euro (GBP/EUR) Exchange Rate Dips despite Elevated BoE Rate Hike Bets
Pound Euro (GBP/EUR) Exchange Rate Dips despite Elevated BoE Rate Hike Bets
The Pound Euro (GBP/EUR) exchange rate weakened on Monday, despite GBP investors upping their bets on further rate hikes from the Bank of England (BoE).
At the time of writing, GBP/EUR traded at around €1.1679, a fall of just over 0.2% from Monday’s...
CATEGORIES: Pound Euro Forecasts
Pound Euro (GBP/EUR) Exchange Rate Rangebound amid EU Recession Confirmation
8 Jun 2023 at 11 AM - Written by John Cameron
STORY LINK Pound Euro (GBP/EUR) Exchange Rate Rangebound amid EU Recession Confirmation
Pound Euro (GBP/EUR) Exchange Rate Rangebound amid EU Recession Confirmation
The Pound Euro (GBP/EUR) exchange rate traded within narrow boundaries on Thursday, as a downward EU GDP revision pointed to a recession in the bloc.
At the time of writing, GBP/EUR traded at around €1.1618, showing little movement from Thursday’s opening...
CATEGORIES: Pound Euro Forecasts
Pound Euro (GBP/EUR) Exchange Rate Narrows amid Mixed German Industrial Data
7 Jun 2023 at 12 PM - Written by John Cameron
STORY LINK Pound Euro (GBP/EUR) Exchange Rate Narrows amid Mixed German Industrial Data
Pound Euro (GBP/EUR) Exchange Rate Narrows amid Mixed German Industrial Data
The Pound Euro (GBP/EUR) exchange rate fluctuated on Wednesday, as a mixed set of German industrial data prevented the common currency from gaining firm ground.
At the time of writing, GBP/EUR traded at around €1.1626, showing little clear movement from...
CATEGORIES: Pound Euro Forecasts
Pound Euro (GBP/EUR) Exchange Rate Trades Narrowly as Eurozone Retail Sales Stagnate
6 Jun 2023 at 12 PM - Written by John Cameron
STORY LINK Pound Euro (GBP/EUR) Exchange Rate Trades Narrowly as Eurozone Retail Sales Stagnate
Pound Euro (GBP/EUR) Exchange Rate Rangebound as Risk Appetite Remains Cautious
The Pound Euro (GBP/EUR) exchange rate trended sideways on Tuesday. The pairing was underpinned by disappointing data for the Eurozone’s retail sector and Germany’s factory orders. Softening inflation expectations also limited GBP/EUR’s downturn....
CATEGORIES: Pound Euro Forecasts
Pound Euro (GBP/EUR) Exchange Rate Dips as Thin Data Calendar Blights GBP
5 Jun 2023 at 11 AM - Written by John Cameron
STORY LINK Pound Euro (GBP/EUR) Exchange Rate Dips as Thin Data Calendar Blights GBP
Pound Euro (GBP/EUR) Exchange Rate Dips as Thin Data Calendar Blights GBP
The Pound Euro (GBP/EUR) exchange rate weakened on Monday, as a lack of key data releases sapped sentiment towards Sterling.
At the time of writing, GBP/EUR traded at around €1.1589, a fall of around 0.3% from Monday’s opening rates.
Pound (GBP)...
CATEGORIES: Pound Euro Forecasts
Pound Euro Exchange Rate News: GBP/EUR Wavered as Eurozone Inflation Softened to 6.1%
1 Jun 2023 at 11 AM - Written by John Cameron
STORY LINK Pound Euro Exchange Rate News: GBP/EUR Wavered as Eurozone Inflation Softened to 6.1%
Euro (EUR) Undermined by Slashed Rate Hike Bets
The Euro (EUR) experienced mixed success on Thursday morning in the wake of softer-than-expected inflation reading for May. The annual Harmonised Index of Consumer Prices (HICP) slipped to 6.1% in May, from 7% in April and below expectations of 6.3%.
The level reached the lowest rate since...
CATEGORIES: Pound Euro Forecasts
Pound Euro Exchange Rate News: GBP/EUR Rallied on Elevated BoE Rate Hike Bets
30 May 2023 at 2 PM - Written by John Cameron
STORY LINK Pound Euro Exchange Rate News: GBP/EUR Rallied on Elevated BoE Rate Hike Bets
Pound (GBP) Supported by BoE Rate Hike Expectations
The Pound (GBP) found renewed strength against its peers on Tuesday despite a lack of economic data. Last week’s shock inflation reading, with stronger-than-expected headline CPI and stubbornly-high core inflation, further tightening could be inevitable.
The market has begun pricing...
CATEGORIES: Pound Euro Forecasts
Pound Euro Exchange Rate News: GBP/EUR Climbed as Germany Slipped into a Recession
25 May 2023 at 12 PM - Written by John Cameron
STORY LINK Pound Euro Exchange Rate News: GBP/EUR Climbed as Germany Slipped into a Recession
Euro (EUR) Undermined by German Recession
Meanwhile, the Euro (EUR) slipped on Thursday in the wake of a downwardly revised German GDP growth data. Against a previously expected stagnation in Europe’s largest economy, German GDP shrank by 0.3% in the first quarter.
A second consecutive quarter of a shrinking economy marks a technical...
CATEGORIES: Pound Euro Forecasts
Pound to Euro Rate Outlook: GBP Rangebound vs EUR amid Downbeat PMI Releases
23 May 2023 at 12 PM - Written by John Cameron
STORY LINK Pound to Euro Rate Outlook: GBP Rangebound vs EUR amid Downbeat PMI Releases
The Pound Euro (GBP/EUR) exchange rate traded narrowly on Tuesday, as the latest set of PMI flashes for the UK disappointed investors.
At the time of writing, GBP/EUR traded at around €1.1494, showing little movement from Tuesday’s opening rates.
Pound (GBP) Exchange Rates Muted amid Downbeat PMI Data
The Pound (GBP) saw...
CATEGORIES: Pound Euro Forecasts
Pound Euro (GBP/EUR) Exchange Rate Quiet amid Lack of Data
22 May 2023 at 11 AM - Written by John Cameron
STORY LINK Pound Euro (GBP/EUR) Exchange Rate Quiet amid Lack of Data
Pound Euro (GBP/EUR) Exchange Rate Quiet amid Lack of Data
The Pound Euro (GBP/EUR) exchange rate traded quietly on Monday, due to a lack of impactful data releases for both sides of the pairing.
At the time of writing, GBP/EUR traded at around €1.1507, showing little movement from Monday’s opening rates.
Pound (GBP) Quiet...
CATEGORIES: Pound Euro Forecasts