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Euro Forecast Directory - Page #149

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

Pound Euro Exchange Rate News: GBP/EUR Wavered as Eurozone Inflation Softened

30 Nov 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Wavered as Eurozone Inflation Softened

Euro (EUR) Quiet amid Softening Inflation Meanwhile, the Euro (EUR) is zigzagging Wednesday morning as inflation in the Eurozone printed softer than expected. Against expectations of 10.4%, headline CPI came in at 10%, easing far more than anticipated. Expectations of a slowdown in European Central Bank (ECB) interest rate hike...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Wavered as UK Mortgage Approvals Slumped

29 Nov 2022 at 3 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Wavered as UK Mortgage Approvals Slumped

Pound (GBP) Quiet as Plunging Mortgage Approvals Highlight Slowing Economy The Pound (GBP) failed to establish itself on Tuesday amid a wavering risk sentiment in the global market. With Covid protests rocking market confidence, investors soon jumped ship and preferred safe-haven currencies. However, an increase in China’s vaccination...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Weakens as Risk-Averse Market Supports EUR

28 Nov 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Weakens as Risk-Averse Market Supports EUR

Pound Euro (GBP/EUR) Slides as Risk-Averse Market Supports Euro The Pound Euro (GBP/EUR) exchange rate weakened on Monday, as risk-averse market sentiment served to boost the safer Euro against the Pound. As such, the GBP/EUR exchange rate fell to around €1.1537, a drop of nearly 0.8% from Monday’s opening rates. Euro (EUR)...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Rangebound as UK Retail Sector Struggles with Recession

25 Nov 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Rangebound as UK Retail Sector Struggles with Recession

Pound Euro (GBP/EUR) Exchange Rate Narrows as UK Retail Sector Struggles The Pound Euro (GBP/EUR) exchange rate traded flatly on Friday, as the UK retail sector began to struggle with the recession and cost-of-living crisis gripping the country. At the time of writing, GBP/EUR traded at around €1.1636, and showed little movement...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Wavered as UK Government Debt Surged

22 Nov 2022 at 12 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Wavered as UK Government Debt Surged

Pound (GBP) Under Pressure from Surging Debt and Slowing Economy The Pound (GBP) struggled for demand on Tuesday in the wake of troubling government borrowing figures. Perhaps capping any further losses is October’s figure is lower than expected. Expectations of the national debt soaring to £22bn, which would have brought the debt to...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Firms Despite UK Recession Concerns

21 Nov 2022 at 10 AM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Firms Despite UK Recession Concerns

Pound Euro (GBP/EUR) Exchange Rate Rises Despite Investor Recession Concerns The Pound Euro (GBP/EUR) exchange rate firmed on Monday, despite investors concern about the impact of Chancellor Jeremy Hunt’s Autumn Statement. As such, GBP/EUR was trading at around €1.1537 at the time of writing, an increase of roughly 0.2% from...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate News: GBP Rallies as UK Retail Data Exceeds Expectations

18 Nov 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate News: GBP Rallies as UK Retail Data Exceeds Expectations

Pound Euro (GBP/EUR) Exchange Rate Rallies as UK Retail Beats Forecasts The Pound Euro Exchange Rate (GBP/EUR) enjoyed gains on Friday, as UK retail sales and consumer confidence data both printed above forecasts. The data prompted the GBP/EUR pairing to rally to around €1.1493 at the time of writing, an increase of roughly 0.4%...

CATEGORIES: Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR Drops as Hunt Delivers Autumn Statement

17 Nov 2022 at 1 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Drops as Hunt Delivers Autumn Statement

GBP/EUR Exchange Rate Weighed Down by Hunt’s Autumn Statement The Pound to Euro (GBP/EUR) exchange rate traded narrowly on Thursday, after UK Chancellor Jeremy Hunt delivered his long-awaited Autumn Statement. At time of writing the GBP/EUR exchange rate traded at around €1.1422, which was roughly down 0.3% from Thursday’s opening...

CATEGORIES: Pound Euro Forecasts

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

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