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Euro Forecast Directory - Page #132

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

Pound Euro (GBP/EUR) Exchange Rate Strengthens amid Upbeat Service Sector Index

24 Mar 2023 at 11 AM - Written by John Cameron

Pound Euro (GBP/EUR) Exchange Rate Strengthens amid Upbeat Service Sector Index The Pound Euro (GBP/EUR) exchange rate strengthened on Friday, following the release of the latest private sector indexes for the UK. While below forecast, they pointed to consistent growth in the UK’s services sector. At the time of writing, GBP/EUR...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Traded Erratically Ahead of BoE Interest Rate Decision

23 Mar 2023 at 12 PM - Written by John Cameron

Pound (GBP) Undermined by Dovish Rate Hike Fears The Pound (GBP) traded without a clear direction on Thursday as the market await the latest interest rate decision from the Bank of England (BoE). Amid the banking sector turmoil and a shaky UK economy, the central bank will have to tread carefully with the decision. Red-hot inflation...

CATEGORIES: Pound Euro Forecasts

Pound Euro News: GBP/EUR Exchange Rate Rises as UK Inflation Climbs to 10.4%

22 Mar 2023 at 11 AM - Written by John Cameron

The Pound Euro (GBP/EUR) exchange rate jumped on Wednesday morning after a surprise rise in UK inflation boosted Bank of England (BoE) interest rate rise bets. At the time of writing, GBP/EUR was trading at around €1.1369, having gained 0.2% on the day. Pound (GBP) Jumps as UK CPI Boosts BoE Bets The Pound (GBP) rallied on...

CATEGORIES: Euro Forecasts Pound Euro Forecasts Pound Sterling Forecasts

Pound Euro Exchange Rate News: GBP/EUR Traded Erratically amid a Renewed Hawkish ECB

17 Mar 2023 at 1 PM - Written by John Cameron

Euro (EUR) Undermined by Lingering Banking Crisis Fears The Euro (EUR) enjoyed modest success on Friday despite a lack of economic data and the financial sector crisis concerns. Global market sentiment improved considerably late Thursday when the Federal Reserve announced a $30bn bailout for First Republic Bank. The deal subsequently...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Wavered amid a Dovish ECB 50bps Rate Hike

16 Mar 2023 at 3 PM - Written by John Cameron

Euro (EUR) Undermined by Dovish Guidance from Lagarde The Euro (EUR) failed to rally in the wake of the European Central Bank (ECB) raising the interest rate to the highest level since late 2008. Despite inflation remaining stubbornly high, policymakers also commented that the European banking sector remained resilient, with strong capital...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Wavers as Investors Brace for Spring Budget

15 Mar 2023 at 11 AM - Written by John Cameron

Pound (GBP) Supported by Extended Energy Support The Pound (GBP) firmed modestly on Wednesday morning ahead of the Spring Budget. An early U-turn from the Treasury boosted spirits as it was announced the Energy Price Guarantee (EPG) will be extended for another three months. Businesses and households will be relieved of the extra...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Ticks Higher as Markets Bet on BoE Slowdown

13 Mar 2023 at 12 PM - Written by John Cameron

Pound Euro (GBP/EUR) Exchange Rate Firms as Risk Appetite Improves The Pound Euro (GBP/EUR) exchange rate edged higher on Monday. The pairing found support from risk-on mood, as well as growing expectations of a dovish shift in European Central Bank (ECB) policy. On the other hand, GBP/EUR’s gains were limited by market jitters...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Rallies as UK Economy Rebounds

10 Mar 2023 at 11 AM - Written by John Cameron

Pound Euro (GBP/EUR) Exchange Rate Rallies as UK Economy Rebounds The Pound Euro (GBP/EUR) exchange rate rallied on Friday morning, following the news that the UK’s economy had expanded by 0.3% in January. At the time of writing, GBP/EUR traded at around €1.1323, a rise of roughly 0.5% from Friday’s opening rates. Pound...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Wavered amid Lack of Data and Elevated Rate Hike Bets

9 Mar 2023 at 2 PM - Written by John Cameron

Pound (GBP) Quiet ahead of GDP Growth Data The Pound (GBP) remained subdued on Thursday, much like the entire week, amid a lack of economic data. Mixed signals from the Bank of England (BoE) failed to lift Sterling against more aggressive central banks. Elsewhere, with ongoing industrial action, the Office for National Statistics (ONS)...

CATEGORIES: Pound Euro Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Falls as Cost of Living Pressures Take Spotlight

7 Mar 2023 at 11 AM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Falls as Cost of Living Pressures Take Spotlight The Pound US Dollar (GBP/USD) exchange rate fell on Tuesday, as cost of living pressures undermined Sterling’s appeal. At the time of writing, GBP/USD traded at around US1.1989, a decline of roughly 0.3% from Tuesday’s morning rates. Pound...

CATEGORIES: Pound Euro Forecasts