Euro Pound forecast page 42 - EUR GBP

Currency News UK Brings you Today's Pound to Euro Exchange Rate Forecast The Pound Sterling to euro exchange rate oscillated around the 1.3850 level during yesterday’s trading as investors couldn’t make their minds up whether they should follow Wednesday’s mini sell-off of the UK unit. The GBP EUR exchange rate now sits...

The Pound Sterling to euro exchange rate briefly broke back above the psychologically significant 1.4000 GBP EUR threshold during late trading yesterday as investors continued to buy up Sterling-denominated assets in the wake of the decisive result of last Thursday’s UK General Election. The pair broke to an intraday high of 1.4004 during...

The Pound Sterling (currency:GBP) endured a rollercoaster session last week, initially haemorrhaging support in anticipation of an indecisive result from the UK General Election which took place on Thursday, and then recovering sharply on Friday when it became clear that the Conservatives had won a decisive victory. The Pound euro...

Euro to Pound Weekly Roundup – May 5 to May 8 As the markets were shut on May 4 for a Bank holiday, the UK’s trading week began on May 5. Despite the market being closed, the Euro was little changed in European trading as economic data came in mixed. Manufacturing PMI reports out of France and Germany came in below expectations. A...

A strong survey of the UK services sector, published yesterday morning, was not enough to stop the Pound Sterling to euro exchange rate slumping to its lowest level since 12th February a short time ago. The closely-monitored UK Markit/CIPS Purchasing Managers’ Index for last month showed at 59.5 versus analysts’ expectations of a 59.5...

The Pound Sterling (currency:GBP) has taken a hammering in the markets during Friday’s session. The move has seen the GBP EUR exchange rate jettison support, with the pair dropping to as low as 1.3477 a short time ago. This represented the pair’s lowest showing since the third week of February. Consecutive closes above the...

Analysts forecast that yesterday’s forward move for the EURO (currency:EUR) against the other sixteen most widely traded global currencies could prove short-lived. Comments from eurogroup leader Jeroen Dijsselbloem late in the day confirming that the euroland’s policymakers have put in place a contingency plan for a possible Greek...

The Pound Sterling to euro exchange rate has plunged during today’s session thanks to the slightly more positive tone of data emanating from the eurozone. Perennial debt-struggler Spain published some markedly more positive economic statistics a short time ago which revealed that the economic recovery had accelerated. Quarterly growth...

The relative value of the euro (currency:EUR) has been hit hard since the turn of the year following the European Central Bank’s January announcement that it was set to embark upon an unprecedented €1.14 trillion Quantitative Easing programme. Mario Draghi, President of the euroland’s reserve bank, announced at the time the scheme was...

Pound Sterling to Euro Exchange Rate Forecast Friday’s session on the foreign exchange rate markets was billed as D-Day for the euro (currency:EUR) and there has been significant price action for euro-denominated pairs as a result. In the end, the deadline for Greece to present to the eurogroup of Finance Ministers a comprehensive...