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Euro Forecast Directory - Page #97

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

Pound Euro Exchange Rate: "There are many reasons to be underweight in the euro"

5 Dec 2024 at 8 AM - Written by Tim Boyer

STORY LINK Pound Euro Exchange Rate: "There are many reasons to be underweight in the euro"

The Pound to Euro (GBP/EUR) exchange rate has held comfortably above 1.2000 and secured a net gain to around 1.2070. The pair was on track for the seventh successive daily gain amid increased fears over Euro-Zone stagflation. According to ING; “Be it European political risk, weak activity, the threat of trade wars or energy prices...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Subdued following UK and Eurozone PMIs

5 Dec 2024 at 8 AM - Written by David Woodsmith

STORY LINK Pound to Euro Subdued following UK and Eurozone PMIs

The Pound Euro (GBP/EUR) exchange rate was mostly flat on Wednesday following the release of the UK’s and the Eurozone’s finalised services PMIs. On Wednesday, the Pound (GBP) experienced a slight rise against several major currencies, driven by a mix of positive factors. Firstly, Bank of England (BoE) Governor Andrew Bailey's...

CATEGORIES: Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Subdued despite Underwhelming Mid-Tier UK Data

4 Dec 2024 at 9 AM - Written by Frank Davies

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Subdued despite Underwhelming Mid-Tier UK Data

The Pound Euro (GBP/EUR) exchange rate treaded water on Tuesday following the publication of some mid-tier UK data, in the form of the latest BRC retail sales monitor. The Pound (GBP) maintained its ground against most of its counter currencies on Tuesday, despite a lacklustre economic data release. The UK's most recent BRC retail...

CATEGORIES: Pound Euro Forecasts

Euro Steady vs Pound, Dollar Despite French Political Crisis

4 Dec 2024 at 9 AM - Written by Frank Davies

STORY LINK Euro Steady vs Pound, Dollar Despite French Political Crisis

French politics have been unsettled ever since the election, but there is now a high risk the coalition falls apart. PM Barnier pushed through his controversial budget but now faces a no confidence vote on Wednesday evening. The euro has stayed steady even while French yields have climbed. Will Le Pen trigger a fresh crisis?...

CATEGORIES: Euro Forecasts

French Fears Drag EUR Lower, Pound to Euro Rate Surges to 10-Day Best

3 Dec 2024 at 12 PM - Written by David Woodsmith

STORY LINK French Fears Drag EUR Lower, Pound to Euro Rate Surges to 10-Day Best

Fears over the French economic and political backdrop have triggered renewed Euro selling on Monday with the Pound to Euro (GBP/EUR) exchange rate surging to 10-day highs around 1.2085. According to ING; “Unless inflation expectations drop sharply this week (not consensus), GBP rates being traded like USD rates should mean that...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate: GBP Rises as Rallying USD, French Political Fears Weigh on EUR

3 Dec 2024 at 12 PM - Written by David Woodsmith

STORY LINK Pound to Euro Rate: GBP Rises as Rallying USD, French Political Fears Weigh on EUR

The Pound to Euro exchange rate (GBP/EUR) rose on Monday as a climbing US Dollar (USD) and French political instability dented the Euro. The Euro came under significant pressure at the start of the week, due to the single currency’s negative correlation with a rallying US Dollar. USD strengthened following remarks by...

CATEGORIES: Pound Euro Forecasts

Pound to Euro Rate Week Ahead Forecast: French Fears in Focus

1 Dec 2024 at 2 PM - Written by Ben Hughes

STORY LINK Pound to Euro Rate Week Ahead Forecast: French Fears in Focus

Bank of America (BoA) has changed its forecasts at now expects that the Pound to Euro exchange rate (GBP/EUR) will strengthen to 1.25 at the end of 2025 from 1.2150 previously. The bank also expects further gains to 1.30 at the end of 2026. In contrast, ING expects GBP/EUR will surrender interim gains to trade at 1.19 at the end of...

CATEGORIES: Currency Predictions Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Muted ahead of Eurozone Inflation

1 Dec 2024 at 2 PM - Written by Frank Davies

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Muted ahead of Eurozone Inflation

The Pound Euro (GBP/EUR) exchange rate wavered sideways on Thursday as mixed factors and a muted mood ahead of the Eurozone inflation figures subdued the pairing. The Pound (GBP) traded flat on Thursday due to an absence of significant UK economic data. The sole release was a mid-tier consumer confidence report from the British...

CATEGORIES: Pound Euro Forecasts

Hawkish ECB Rhetoric Protects the Euro Exchange Rates

28 Nov 2024 at 9 AM - Written by Frank Davies

STORY LINK Hawkish ECB Rhetoric Protects the Euro Exchange Rates

The Pound to Euro (GBP/EUR) exchange rate tested the 1.2000 level in early Europe on Wednesday before a retreat to 1.1980 on hawkish ECB rhetoric. The Pound overall has still been resilient amid underlying reservations surrounding the Euro-Zone economy amid another weak German data release. ING expects that EUR/GBP will trade around...

CATEGORIES: Euro Forecasts

GBP/EUR Exchange Rate Outlook: Pound Flat Following BoE Inflation Concerns

28 Nov 2024 at 9 AM - Written by John Cameron

STORY LINK GBP/EUR Exchange Rate Outlook: Pound Flat Following BoE Inflation Concerns

The Pound to Euro (GBP/EUR) exchange rate traded within a tight range on Wednesday as investors reacted to comments by Bank of England (BoE) Deputy Governor Clare Lombardelli. The Pound (GBP) remained steady on Wednesday, supported by comments from BoE policymaker Clare Lombardelli regarding inflation risks. In an interview with...

CATEGORIES: Pound Euro Forecasts

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