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Euro Pound Forecast Directory - Page #3

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

Euro to Pound Rate "Finds itself in a State of Flux": Danske

2 Mar 2024 at 6 AM - Written by Tim Boyer

STORY LINK Euro to Pound Rate "Finds itself in a State of Flux": Danske

The latest UK data indicates that hopes for lower interest rates have underpinned a rebound in the housing sector and boosted business confidence. The Euro has held firm, however, and the Pound to Euro (GBP/EUR) exchange rate has edged lower to 1.1675. Solid data and expectations of tax cuts next week should still underpin GBP/EUR...

CATEGORIES: Euro Pound Forecasts

Euro to Pound Outlook: The Down Trend has "Tentatively Stalled" says SocGen

7 Feb 2024 at 4 PM - Written by John Cameron

STORY LINK Euro to Pound Outlook: The Down Trend has "Tentatively Stalled" says SocGen

GBP/EUR Exchange Rate Rebounds from 2-Week Lows on Positive UK News Flow The Pound to Euro (GBP/EUR) exchange rate dipped to 2-week lows just below 1.1670 on Tuesday before a solid recovery to just above the 1.1700 level. The overall UK data flows has remained broadly positive which has helped underpin the Pound. Sentiment in...

CATEGORIES: Euro Pound Forecasts

Euro to Pound Forecast: "EURGBP consolidate around 0.87" say Barclays

28 Nov 2023 at 3 PM - Written by Tim Boyer

STORY LINK Euro to Pound Forecast: "EURGBP consolidate around 0.87" say Barclays

The Pound Euro exchange rate (GBP/EUR) hit 3-week highs at 1.1550 on Monday before settling around 1.1535 with little change on Tuesday. UK equities retreated on Monday and registered further losses on Tuesday with weaker risk conditions tending to limit the scope for further Pound buying. Andrew Jones, portfolio manager at Janus...

CATEGORIES: Euro Pound Forecasts Pound Euro Forecasts

Pound Euro Exchange Rate News: GBP/EUR On the Back Foot as ECB Speculation Grips Trade

13 Sep 2022 at 8 AM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR On the Back Foot as ECB Speculation Grips Trade

GBP/EUR Exchange Rate Weakened by Speculative EUR Investors The Pound to Euro (GBP/EUR) exchange rate dropped on Monday as speculation of another 75bps rate hike from the European Central Bank (ECB) cheered EUR investors. At time of writing the GBP/EUR exchange rate traded at around €1.1510, which was roughly down 0.2% from Monday’s...

CATEGORIES: Euro Pound Forecasts

Pound Euro Exchange Rate News: GBP/EUR Directionless in Subdued Market Mood

9 Sep 2022 at 4 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/EUR Directionless in Subdued Market Mood

GBP/EUR Exchange Rate Sluggish Amid Muted Market Mood The Pound to Euro (GBP/EUR) exchange rate was sluggish on Friday as the passing of Queen Elizabeth and the Eurozone’s upcoming emergency energy meeting subdued trading. At time of writing the GBP/EUR exchange rate traded at around €1.1510, which barely changed from Friday’s...

CATEGORIES: Euro Pound Forecasts

Pound Euro Exchange Rate News: GBP/USD Strengthens as Liz Truss Plans Crisis Package

6 Sep 2022 at 1 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate News: GBP/USD Strengthens as Liz Truss Plans Crisis Package

GBP/EUR Exchange Rate Gains ahead of Energy Price Intervention The Pound to Euro (GBP/EUR) exchange rate strengthened on Tuesday as investors waited for Liz Truss’ first speech as Prime Minister. At time of writing the GBP/EUR exchange rate traded at around €1.1659, up roughly 0.3% from Tuesday’s opening level. Pound (GBP)...

CATEGORIES: Euro Pound Forecasts

Pound Euro Exchange Rate Dips as UK Covid-19 Fears Weigh on Sterling

19 Aug 2021 at 3 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Dips as UK Covid-19 Fears Weigh on Sterling

GBP/EUR Exchange Rate Falls, Delta Variant Uncertainty Weakens UK Market Confidence The Pound Euro (GBP/EUR) exchange rate dipped by 0.4% today as growing uncertainty over the Delta variant of the coronavirus weakens confidence in the UK’s economic recovery. The pairing is currently trading around €1.16. Today saw reports that fully...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound Euro (GBP/EUR) Exchange Rate Rangebound Despite Strong UK GDP Data

12 Aug 2021 at 12 PM - Written by John Cameron

STORY LINK Pound Euro (GBP/EUR) Exchange Rate Rangebound Despite Strong UK GDP Data

GBP/EUR Exchange Rate Steady, UK GDP Receives Boost from Easing of Lockdown Measures The Pound Euro (GBP/EUR) exchange rate held steady today following the release of the flash UK GDP data for the second quarter, which confirmed forecasts and rose by 4.8%. The pairing is currently trading around €1.17. Sterling has benefited from the...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound Euro Exchange Rate Dips as UK Factories Face Shortages and Rising Costs

2 Aug 2021 at 2 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Dips as UK Factories Face Shortages and Rising Costs

GBP/EUR Exchange Rate Falls as UK Economic Uncertain Weighs on Sterling The Pound Euro (GBP/EUR) exchange rate dipped today following reports that UK factories are facing shortages and rising costs, despite factory output remaining strong in July. The pairing is currently trading around €1.16. Today’s UK Markit manufacturing figure...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound Euro Exchange Rate Rises as UK Factory Orders and Output Soars to New Highs

22 Jul 2021 at 2 PM - Written by John Cameron

STORY LINK Pound Euro Exchange Rate Rises as UK Factory Orders and Output Soars to New Highs

GBP/EUR Exchange Rate Rises, UK Factory Growth Boosts Sterling The Pound Euro (GBP/EUR) exchange rate rose by 0.4% today as UK factory output and orders surged to their highest growth rate since the 1970s, buoying confidence in the UK economy. The pairing is currently trading around €1.16. Analysts at CBI Economics commented on the UK...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

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