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Euro Forecast Directory - Page #137

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

Pound Euro Exchange Rate News: GBP/EUR Drops amid UK Inflation Shock

16 Nov 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Drops amid UK Inflation Shock

GBP/EUR Exchange Rate Stumbles as UK Inflation Hits 40-Year-High The Pound to Euro (GBP/EUR) exchange rate dropped on Wednesday, spurred on by UK headline inflation rising to a new 40-year high. At time of writing the GBP/EUR exchange rate traded at around €1.1417, down roughly 0.4% from Wednesday’s opening levels. Pound (GBP)...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Softened as UK Economy Contracted for Second Month

11 Nov 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Softened as UK Economy Contracted for Second Month

Pound (GBP) Weakened as Economy Continues to Contract The Pound (GBP) succumbed to downward pressures exerted by downbeat GDP growth data. The Office for National Statistics (ONS) released data that showed the UK economy contracted as expected for the month of September. Quarterly GDP declined by 0.2%, against an expected 0.5%, but the...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Strengthens as Sunak Attends British-Irish Council

10 Nov 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Strengthens as Sunak Attends British-Irish Council

Pound Euro (GBP/EUR) Exchange Rate Rallies as Sunak Seeks Solution to Northern Ireland Protocol The Pound Euro (GBP/EUR) exchange rate strengthened on Thursday, as UK Prime Minister Rishi Sunak headed to Ireland to discuss the Northern Ireland Protocol. As such, GBP/EUR rose to around €1.1442 at the time of writing, a marked jump of...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate Strengthens as Investors Move to Buy the Dip

7 Nov 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Strengthens as Investors Move to Buy the Dip

Pound Euro (GBP/EUR) Exchange Rate Rallies as Investors Buy the Dip The Pound Euro (GBP/EUR) exchange rate strengthened on Monday as investors moved to buy the dip following on from last week’s crash. The move saw the GBP/EUR exchange rate rally to around €1.1471 at the time of writing, a rise of roughly 0.4% from Monday’s...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Nosedives as BoE Warns of Two-Year UK Recession

3 Nov 2022 at 2 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Nosedives as BoE Warns of Two-Year UK Recession

GBP/EUR Exchange Rate Plunges as BoE Forecasts Rattles Markets The Pound to Euro (GBP/EUR) exchange rate plummeted on Thursday in the wake of the Bank of England’s (BoE) key interest rate decision. At time of writing the GBP/EUR exchange rate traded at around €1.1457, down roughly 1.2% from Thursday’s opening levels. Pound...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Muted as GBP Investors Price in Next Interest Rate Hike

28 Oct 2022 at 3 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Muted as GBP Investors Price in Next Interest Rate Hike

GBP/EUR Exchange Rate Sluggishness Caused by Cautious Investors The Pound to Euro (GBP/EUR) exchange rate was directionless on Friday afternoon as a lack of UK data saw GBP investors speculating about the Bank of England’s (BoE) next interest rate decision. At time of writing the GBP/EUR exchange rate traded at around €1.1593,...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Drops amid Increasing UK Political Uncertainty

20 Oct 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Drops amid Increasing UK Political Uncertainty

Pound Euro (GBP/EUR) Exchange Rate Falls as UK Political Uncertainty Deepens Thursday saw the Pound (GBP) weaken against the Euro (EUR) as political uncertainty in the UK continued to unfold. This saw the GBP/EUR exchange rate trade at around €1.1451, a drop of roughly 0.2% from Thursday’s opening rates. Pound (GBP) Capped by...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Wavers as UK Inflation Prints Hotter-Than-Anticipated

19 Oct 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Wavers as UK Inflation Prints Hotter-Than-Anticipated

Pound Euro (GBP/EUR) Exchange Rate Muted as UK Inflation Beats Forecasts The Pound (GBP) saw mixed trade against the Euro (EUR) on Wednesday, as UK inflation data came in above expectations. This saw the GBP/EUR exchange rate trading at around €1.1486, showing little movement from Tuesday’s opening rats. Pound (GBP) Weakens as...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Softened as UK Political Uncertainty Returns to Spook Markets

18 Oct 2022 at 1 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Softened as UK Political Uncertainty Returns to Spook Markets

Pound (GBP) Undermined by Quashed BoE Rumours The Pound (GBP) soared to seven-week highs on Monday in the wake of Chancellor Jeremy Hunt’s dismantling of Liz Truss’ mini-budget. Since replacing the sacked Kwasi Kwarteng last Friday, Hunt systematically reversed almost of all the sweeping tax cuts outlined in the disastrous...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Soars as Investors await Hunt’s Afternoon Address

17 Oct 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Soars as Investors await Hunt’s Afternoon Address

GBP/EUR Exchange Rate Rises amid Speech Speculation The Pound to Euro (GBP/EUR) exchange rate strengthened on Monday as investors responded to a speech from Chancellor Jeremy Hunt focusing on changes to the government’s fiscal plan. At time of writing the GBP/EUR exchange rate traded at around €1.1579, which was up roughly 0.7%...

CATEGORIES: Pound Euro Forecasts

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