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Euro Forecast Directory - Page #144

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

Pound Euro (GBP/EUR) Exchange Rate Muted amid ECB Guidance Confusion

17 Apr 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Muted amid ECB Guidance Confusion

Pound Euro (GBP/EUR) Exchange Rate Muted amid ECB Guidance Confusion The Pound Euro (GBP/EUR) exchange rate traded in narrow boundaries on Monday, as a lack of clarity over the European Central Bank’s (ECB) next rate hike decision left EUR with little inspiration. At the time of writing, GBP/EUR traded at around €1.1297, and...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate: GBP Stumbles vs EUR amid GBP Profit Taking

14 Apr 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate: GBP Stumbles vs EUR amid GBP Profit Taking

Pound Euro (GBP/EUR) Exchange Rate Stumbles amid GBP Profit Taking The Pound Euro (GBP/EUR) exchange rate weakened on Friday, as a lack of economic data prompted profit taking against Sterling. At the time of writing, GBP/EUR traded at around €1.1309, a fall of roughly 0.2% from Friday’s opening rates. Pound (GBP) Edges Lower...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Weakened as UK Economy Records Zero Growth

13 Apr 2023 at 4 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Weakened as UK Economy Records Zero Growth

Pound (GBP) Undermined by Flatlining Economy The Pound (GBP) came under increased pressure on Thursday morning as the Office for National Statistics (ONS) revealed that the UK economy missed forecasts of a mild expansion and stagnated for the month of February. Against expectations of a 0.1% increase, the UK’s economy recorded zero...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Fluctuated amid Surging German Industrial Production

6 Apr 2023 at 12 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Fluctuated amid Surging German Industrial Production

Euro (EUR) Supported by Strong German Industrial Production The Euro (EUR) traded with mixed success on Thursday amid a cautious market mood. Providing modest support, however, is better-than-expected industrial production in the bloc’s largest economy. German industrial production surprised to the upside and printed far above...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Climbed as Eurozone Consumer Inflation Expectations Decline

4 Apr 2023 at 2 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Climbed as Eurozone Consumer Inflation Expectations Decline

Euro (EUR) Undermined by Pared Rate Hike Bets The Euro (EUR) struggled for demand on Tuesday in the wake of the European Central Bank’s (ECB) consumer expectations survey for February. Falling expectations for inflation sapped demand for the Euro as further rate hikes hang in the balance. Compared to January’s survey, consumer...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Rangebound as UK Manufacturing Sector Slumps

3 Apr 2023 at 4 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Rangebound as UK Manufacturing Sector Slumps

Pound Euro (GBP/EUR) Exchange Rate Trends Sideways as Manufacturing Sectors Struggle The Pound Euro (GBP/EUR) exchange rate traded in a narrow range on Monday. The pairing came under pressure from expectations of softer UK inflation, and confirmation of a downturn in UK manufacturing sector output. Conversely, poor Eurozone...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Fluctuated as UK Narrowly Avoids Recession

31 Mar 2023 at 1 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Fluctuated as UK Narrowly Avoids Recession

Pound (GBP) Supported by Surprise GDP Growth The Pound (GBP) experienced mixed fortunes on Friday morning in the wake of GDP growth surprising to the upside. Against expectations of flatlining GDP growth for the last three months of 2022, the final reading came in at a 0.1% increase. Avoiding a second quarter of contracting economic...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Wavered amid Stronger-than-Expected German Inflation

30 Mar 2023 at 4 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Wavered amid Stronger-than-Expected German Inflation

Euro (EUR) Supported by Elevated Rate Hike Expectations The Euro (EUR) traded in mixed directions on Thursday amid a flurry of mixed data. Spanish inflation almost halved, combined with downbeat economic sentiment dragged the Euro lower. However, hotter-than-expected German inflation lifted the single currency once more. The latest...

CATEGORIES: Pound Euro Forecasts

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

24 Mar 2023 at 11 AM - Written by John Cameron

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

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

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

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

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