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Euro Forecast Directory - Page #142

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

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

Pound Euro (GBP/EUR) Exchange Rate Volatile as UK Job Market Cools

16 May 2023 at 1 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Volatile as UK Job Market Cools

Pound Euro (GBP/EUR) Exchange Rate Zig-Zags after UK Jobs Data The Pound Euro (GBP/EUR) exchange rate wavered on Tuesday. UK employment data initially saw the pairing fall amid expectations of a pause in policy tightening from the Bank of England (BoE). Unemployment rose unexpectedly whilst wage growth slowed. A...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Hobbled by Pullback in BoE Bets

15 May 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Hobbled by Pullback in BoE Bets

Pound Euro (GBP/EUR) Exchange Rate Climbs amid Upbeat Market Mood The Pound Euro (GBP/EUR) exchange rate made moderate gains on Monday. A risk-on mood pushed the pairing higher. GBP/EUR saw its gains hindered by bets on additional rate hikes from the European Central Bank (ECB). Additionally, dovish expectations for future action...

CATEGORIES: Pound Euro Forecasts

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